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Showing 21 - 30 of 273 results for "US Treasury"

Chief economist update: Wall Street can't have its cake and eat it

BENJAMIN ONG  |  WEDNESDAY, 24 FEB 2021
... romantic comedy film, "something's gotta give"... and that, Virginia, is the US bond market. The yield on 10-year US Treasury bonds have been on the rise. No need for numbers, the chart below says it all: Yields have been going up and up because ...

Chief economist update: Amber alert

BENJAMIN ONG  |  WEDNESDAY, 17 FEB 2021
... thereafter. It could be that this time is different. But there's also Murphy's Law. The recent rise in 10-year US Treasury bond yields - up to a one-year high of 1.31% -- serves as a yellow light -- an amber alert -- to the equity markets. But ...

Chief economist update: The US inflation dilemma

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
"Anything worth doing is worth overdoing. Moderation is for cowards." - Shane Patton Did current US Treasury Secretary Janet Yellen (under Biden's administration) just call former US Secretary Lawrence Summers (under Clinton's) a coward? I refer of ...

Chief economist update: USA Inc is under new management

BENJAMIN ONG  |  THURSDAY, 21 JAN 2021
... interest rates soon unless it foresees rising inflation or imbalances in the economy. In her confirmation hearing, US Treasury Secretary nominee Janet Yellen declared that with interest rates at historic lows, the smartest thing is to "act big" on COVID-19 ...

Key finance figures in Biden Cabinet

ELIZA BAVIN  |  TUESDAY, 19 JAN 2021
... the nation. The first, and most notable in the economics world is Janet Yellen, whom Biden has nominated to lead the US Treasury. Yellen is the former US Federal Reserve governor. She was also the chair of the White House Council of Economic Advisers ...

Chief economist update: Yuan the victim of China's success

BENJAMIN ONG  |  FRIDAY, 15 JAN 2021
... rules to make it simpler to settle the currency internationally. 'Twas less than one and a half years ago that the US Treasury Department branded China a "currency manipulator" - the first time in 25 years - because the yuan's depreciation gives ...

Manipulative trading at J.P. Morgan costs it over $1bn

ALLY SELBY  |  WEDNESDAY, 30 SEP 2020
... bank in connection to a related proceeding regarding manipulative trading activity in the secondary cash market for US treasury notes and bonds. Under the resolution, J.P. Morgan Securities will pay $10 million in disgorgement and a $25 million civil ...

Brace for 5% returns from global stocks

KANIKA SOOD  |  MONDAY, 14 SEP 2020
... Asia, is a mere 0.6% return premium to developed markets." In fixed income, it expects an interest of 1% from 10-year US Treasury Bonds. Global high yield will produce an annualised return of 5.6% p.a. over the period. "Low but steady interest rates ...

Chief economist update: The next generation

BENJAMIN ONG  |  WEDNESDAY, 22 JUL 2020
... authority - or what's called a "Hamilton moment" - "the historic constitutional compromise forged by the first US Treasury secretary Alexander Hamilton, James Madison, and Thomas Jefferson in that year [1790]" where "the US federal government assumed ...

Opportunities in EM debt rebound: Eaton Vance

ALLY SELBY  |  TUESDAY, 21 JUL 2020
Despite the dramatic rebound experienced in financial markets during the second quarter, Eaton Vance believes there are still pockets of opportunity in the emerging market sector. Buoyed by central bank and governmental policy responses around the world ...