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Showing 91 - 100 of 582 results for "Bond yield"

Chief economist update: RBA promises support over the next three years

BENJAMIN ONG  |  WEDNESDAY, 7 APR 2021
... on April 6 when it decided to keep current policy settings unchanged - official cash rate at 0.1%; 3-year government bond yield target at 0.1%; and "the parameters of the Term Funding Facility and the government bond purchase program". For sure and for ...

Chief economist update: Too much of a good thing could be a bad thing

BENJAMIN ONG  |  WEDNESDAY, 31 MAR 2021
Healthier consumers are happier consumers are spending consumers. US consumer confidence has rebounded to its highest level since the onset of the pandemic in America in March last year. This is hardly surprising with cases of coronavirus infections ...

Chief economist update: BOJ has no plans to ease easing

BENJAMIN ONG  |  TUESDAY, 30 MAR 2021
... at its March meeting - short-term key interest rate at minus 0.1% and the target for the 10-year Japanese government bond yield at around 0%. It also pledged that it "will continue with Quantitative and Qualitative Monetary Easing (QQE) with Yield Curve ...

Chief economist update: Powell said, Yellen said

BENJAMIN ONG  |  WEDNESDAY, 24 MAR 2021
The monetary and fiscal masters of the US of A fronted the Senate Banking Committee - as required under the March 2020 COVID-19 relief law - singing a rendition of Louis Armstrong's What a Wonderful World. In his testimony, Federal Reserve chair ...

Chief economist update: The do-nothing Fed

BENJAMIN ONG  |  THURSDAY, 18 MAR 2021
Ho-hum. So much for speculations over the Fed's thoughts and actions, Powell and Co. did what financial markets expected - nothing - at their 16-17 March FOMC meeting. "The Committee decided to keep the target range for the federal funds rate at ...

Chief economist update: More manna from UK Treasury

BENJAMIN ONG  |  FRIDAY, 5 MAR 2021
Another budget, another increase in government spending. In his Budget speech on March 3, UK Chancellor of the Exchequer Rishi Sunak prefaced his delivery of more manna from the government by stressing the damage the coronavirus has done to the UK economy. ...

Chief economist update: Getting better, but not better enough

BENJAMIN ONG  |  WEDNESDAY, 3 MAR 2021
"Betterer and betterer!" Like Alice who "quite forgot how to speak good English", there appears to be universal optimism over the economic outlook as central banks watch "through the looking glass". This sentiment is echoed by the Reserve Bank of Australia ...

Chief economist update: Fed fights back bond bears

BENJAMIN ONG  |  MONDAY, 1 MAR 2021
"Do you believe in life after love? I can feel something inside me say I really don't think you're strong enough now..." What's the point of increased transparency and forward guidance in financial markets - the bond market, in this case ...

Chief economist update: The cloud over the rainbow

BENJAMIN ONG  |  FRIDAY, 26 FEB 2021
"I think I can make it now, the pain is gone All of the bad feelings have disappeared Here is the rainbow I've been prayin' for It's gonna be a bright (bright), bright (bright) Sun-shiny day." -- Johnny Nash, "I Can See Clearly Now" Do you ...

Chief economist update: Amber alert

BENJAMIN ONG  |  WEDNESDAY, 17 FEB 2021
If there's one thing that matches (well, nearly) the exponential rate of infection from the coronavirus, it's the vertigo-inducing rally on Wall Street. After dropping to three-year lows in March last year, US equities have rocketed higher and ...