Tag: treasury

India’s inflation situation ‘very alarming’; needs better curation of policy between RBI, FinMin: Kaushik Basu

India’s wholesale price-based inflation is at a 30-year high, leading to a “very alarming” situation for the country, former World Bank chief economist Kaushik Basu...

US Treasury yields rebound after weak 20-year bond auction

Yields on U.S. Treasuries rebounded for a second day on Wednesday, with a sale of 20-year government debt on the weak side, as fears of...

Inflation: High inflation & liquidity, bubble in asset prices: What can RBI do now?

NEW DELHI: In the 1960s, economists John Fleming and Robert Mundell developed a theory referred to as the Impossible Trinity, which claimed that no central...

G-20 finance ministers back deterring use of tax havens

Top finance officials representing most of the world’s economy have backed a sweeping revision of international taxation that includes a 15% global minimum corporate levy...

G20 recognizes carbon pricing as climate change tool for first time

G20 finance leaders recognized carbon pricing as a potential tool to address climate change for the first time in an official communique on Saturday, taking...

G20 finance chiefs back global tax crackdown

Finance chiefs of the G20 club of large economies have backed a landmark move to stop multinationals shifting profits into low-tax havens and win back...

bitcoin: Bitcoin ruling roils crypto world seeking regulatory clarity

By Vildana Hajric and Yakob Peterseil International banking regulators’ decision to classify Bitcoin as the riskiest of assets dragged cryptocurrencies further into the mainstream financial...

US consumers boosted spending in April as inflation surged

Americans increased their spending by 0.5% in April, a slowdown after a massive gain in March that had been powered by the distribution of billions...

Don’t fear the taper: Fed to dominate treasury market for years

By Liz Capo McCormick and Rich Miller Treasury investors fretting about when the Federal Reserve will scale back its bond purchases may be missing the...

Fed policy stance: Fed’s super-easy policy likely to stick after weak jobs report

WASHINGTON: The 266,000 jobs that US firms added in April were “nowhere near” what was expected, a Federal Reserve official said Friday, adding little to...

Warren Buffett: Some little-known facts about Warren Buffett and Berkshire Hathaway

Warren Buffett’s Berkshire Hathaway Inc will hold its annual meeting on May 1 in Los Angeles. As in 2020, the meeting will be held virtually...

U.S. government bonds see muted action as investors parse Powell comments, await big auctions

U.S. Treasury yields were seeing subdued moves Monday morning, as investors parsed comments from Federal Reserve Chairman Jerome Powell during a “60 Minutes” interview and...

Bonds versus stocks: An alternative to ‘no alternative’: How bonds snuck up on stocks

By Katie Greifeld and Vildana Hajric A common narrative in markets is that with global rates so low, equities are the only game in town...

Jerome Powell comments: Jerome Powell says ‘disorderly’ market conditions would concern him sending yields higher

By Rich Miller and Catarina Saraiva Federal Reserve Chair Jerome Powell said he is monitoring financial conditions and would be “concerned” by disorderly markets, but...

Fed bond buying: Jerome Powell signals Fed to keep buying bonds even as outlook improves

By Rich Miller Federal Reserve Chairman Jerome Powell signaled that the central bank was nowhere close to pulling back on its support for the pandemic-damaged...

Tesla boots the bitcoin bandwagon closer to corporate America

By Joanna Ossinger Tesla Inc.’s purchase of $1.5 billion in Bitcoin may have forced cryptocurrencies onto the agenda of corporate treasurers worldwide. While crypto acolytes...

View: Nifty job on expenditures, just keep an eye on fiscal deficit post-Covid

The budget for 2021-22 has to be prepared against a difficult background. According to Central Statistics Office (CSO) data, the economy shrank by 7.7%. There...

View: Budget focus is on expenditure to accelerate growth. Deficit will be exceeded

The expectations from the Budget were many. Fiscal 2020-21 is the worst year India has seen on economic performance since Independence. CSO had estimated that...

NYSE reverses again with plan to delist China telecom firms

By Lananh Nguyen The New York Stock Exchange is proceeding with a plan to delist three major Chinese telecommunications firms, its second about-face this week,...

Treasury market’s bets on 2021 reflation face January reckoning

By Elizabeth Stanton and Edward Bolingbroke January is shaping up to be a pivotal month in determining whether the nascent US reflation trade can really...

A dinner, a deal and moonshine: How the US stimulus package came together

By Nicholas Fandos, Luke Broadwater and Emily Cochrane A week before Thanksgiving, a small group of moderate senators gathered in the spacious living room of...

Drop in US jobless claims small bright spot in troubled labor market

A drop in new applications for US unemployment benefits reported Thursday offered small comfort to the millions of Americans who will see pandemic aid expire...

Trump using his last days in the Oval to lock in policies, make Biden’s task more difficult

by Michael D. Shear WASHINGTON: Voters have decided that President-elect Joe Biden should guide the country through the next four years. But on issues of...

View: Is Trump trying to take the economy down with him?

By Claudia Sahm Consumed by Election Day, Congress effectively abandoned the country when it failed to reach an agreement in October on a desperately needed...

federal reserve: Fed faces ill political winds as Biden prepares for White House

By Ann Saphir and Howard Schneider The U.S. Congress’ rapid response to the coronavirus pandemic in March was meant to unleash a $4 trillion fire...