U.S. fiscal deficit a ‘more serious problem than ever before,’ says Larry Summers
Former Treasury Secretary Larry Summers believes that the current federal budget deficit poses a greater challenge for the economy than it has before in
Fed’s reverse repo facility drawdown looms large in balance sheet debate
By Michael S. Derby NEW YORK (Reuters) – The eventual end of the Federal Reserve’s efforts to reduce its vast bond holdings increasingly appears
Bankman-Fried says he wasn’t aware of FTX’s missing $8 billion until just before its collapse
FTX founder Sam Bankman-Fried insisted Tuesday that he was unaware that $8 billion of customer money had disappeared until just before his crypto exchange
US lawmakers urge Yellen to speed up China outbound investment rules
By Michael Martina WASHINGTON (Reuters) – The Republican and Democratic leaders of a U.S. congressional committee on China urged Treasury Secretary Janet Yellen to
BOJ relaxes grip on rates as end to yield control looms
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) -The Bank of Japan further loosened its grip on long-term interest rates by tweaking its bond
New Series I Bond rate ticks up to 5.27%, with a hearty fixed rate for the long haul
The new rate for Series I Bonds starting on Nov. 1 will be 5.27% – a combination of a 1.3% fixed rate and a
Analysis-Japan unshackles its sliding bond market
By Rae Wee and Brigid Riley SINGAPORE/TOKYO (Reuters) – One of the last anchors for global bond markets was being hauled in on Tuesday,
Why a 7% 10-year Treasury yield is still possible
A Ned Davis strategist thinks it’s too early for investors to embrace the idea that benchmark U.S. borrowing costs have found a peak. Investors
Federal Reserve expected to retain current interest rates in October meeting
In the latest two-day meeting that will conclude on Wednesday, Federal Reserve officials, including Chair Jerome H. Powell, are anticipated to maintain the present
Portugal’s economy shrinks 0.2% quarter-on-quarter
LISBON (Reuters) – Portugal’s economy shrank 0.2% in the third quarter from the previous three-month period, when it grew a revised 0.1%, due to
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