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Showing 41 - 50 of 273 results for "US Treasury"

Chief economist update: Bull markets don't die of old age

BENJAMIN ONG  |  THURSDAY, 18 OCT 2018
... Fed's actions. This is underscored by the renewed fall on Wall Street overnight - along with the rise in 10-year US Treasury bond yield and the US dollar index -- following the release of the Fed minutes. These, of course, are inter-related. Rising ...

Chief economist update: That other Fed policy towards normalcy

BENJAMIN ONG  |  THURSDAY, 4 OCT 2018
... of high and volatile inflation." Read: strong growth with stable and low inflation. But with the yield on 10-year US Treasury bonds surging by 12 bps to 3.18% - the highest rate since mid-2011 - overnight, the bond market doesn't seem to be completely ...

Chief economist update: Fed flattens the yield curve

BENJAMIN ONG  |  THURSDAY, 14 JUN 2018
... first-year forward rate, which correlates closely with the federal funds rate, would increase the yield on ten-year US Treasury notes even if the more distant forward rates remain unchanged." Whatever the underlying reason is still up for debate but ...

Chief economist update: Wisdom of the crowd

BENJAMIN ONG  |  MONDAY, 21 MAY 2018
... (most global sharemarkets down) compared with that of the one before (most up). To be sure, the spike in the 10-year US Treasury yield to above 3% (3.07%) at the close of last week's trading didn't help. The rationales came in fast and thick ...

Chief economist update: Can't get enough of war

BENJAMIN ONG  |  MONDAY, 16 APR 2018
... currency are conducted repeatedly and total at least 2 percent of an economy's GDP over a 12-month period. Based on the US Treasury's findings, China, Japan, South Korea, Germany, Switzerland and India are thus put in the "Monitoring List". "Japan, Germany ...

Chief economist update: Wall Street wails on inflation indications

BENJAMIN ONG  |  MONDAY, 5 FEB 2018
... indicating more expensive credit that could slow consumer and spending. This, along with surging bond yields - 10-year US Treasury bond yields rose to 2.84% at the end of last week, its highest level in four years from 2.66% in the previous week and ...

Chief economist update: Red light on greenback

BENJAMIN ONG  |  THURSDAY, 25 JAN 2018
... shows that the US dollar dropped 1.0% overnight - taking its 2018-to-date decline to minus 3.2% -- on the back of US Treasury Secretary Steven Mnuchin's comments At the World Economic Forum in Davos, Switzerland that, "Obviously a weaker dollar is good ...

Chief economist update: Bond sell bomb shell

BENJAMIN ONG  |  THURSDAY, 11 JAN 2018
... out wrong...again. Bill was still head honcho at PIMCO (in 2011) when he decided in March of that year to exit the US Treasury market completely, expecting interest rates there to climb on expectations that the Fed would end QE2 by the middle of the ...

US recommends asset manager stress tests be removed

DARREN SNYDER  |  FRIDAY, 27 OCT 2017
US Treasury released a report overnight that makes several recommendations for its financial services industry, including the elimination of statutory stress testing for investment managers. The stress testing call came as part of several recommendations ...

Trump-flation returns

BENJAMIN ONG  |  FRIDAY, 29 SEP 2017
... following his victory and inauguration, equity markets are again giving him the benefit of the doubt. More so, after the US Treasury released the government's tax reform plan on 27 September, entitled "Unified Framework for Fixing our Broken Tax Code." ...