(Bloomberg) — Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. Most Read from Bloomberg Pakistan is preparing to debut yuan-denominated bonds this year to shore up finances, its Finance Minister said, while the government remains optimistic of meeting the International Monetary Fund’s … Read more
Rachel Reeves will be back at her desk in the Treasury on Monday after her trade mission to China as markets reopen after last week’s bruising bond selloff and ahead of some key economic data on inflation and growth. Officials will be monitoring closely moves in the price of government bonds, or gilts, after they … Read more
Story Links PROVO, Utah — Quincy Bonds ran for two school records with the team totaling four on Saturday at the BYU Cougar Invitational at Smith Fieldhouse. Joining Bonds atop the record books are Ella Hopper and Mo Guled, with several other Wolverines contesting PRs and taking first place in … Read more
Aerial view of the Shanghai financial district skyscrapers and the Huangpu river at sunset. Tobiasjo | E+ | Getty Images Asia-Pacific markets opened lower Monday, after U.S. jobs report on Friday dampened investors’ hopes for early interest rate cuts by the Federal Reserve. Australia’s S&P/ASX 200 traded 0.84% lower. Hong Kong’s Hang Seng index futures … Read more
(Bloomberg) — For those unsettled by the relentless rise in government bond yields in the US and across much of the world lately, the message from markets is getting clearer by the day: Get used to it. The world’s biggest bond market and global bellwether is leading a reset higher in borrowing costs, with the … Read more
The U.S. economy shows positive momentum, with robust job growth in last Friday’s payrolls report. … [+] The resilient growth removes almost any chance of another Federal Reserve rate cut soon. getty The robust and much higher-than-expected employment growth in the December jobs report on Friday essentially wiped out any thoughts of another Federal Reserve … Read more
TOPEKA — Two Kansas legislators prefiled a bill that would deliver millions in voter-approved school bonds that were blocked earlier this year because of a strict ruling from the Kansas attorney general. Voters in the Greeley County school district approved in May a $4.6 million school bond that was to be used for upgrades and … Read more
State Treasurer Zach Conine is proposing a measure to establish a “baby bonds” savings account for every Medicaid-covered child born in Nevada. The program would invest $3,200 in a bond that the Treasurer’s office will manage until the child is 18 years old. “Basically what it does is it provides a pathway to financial security … Read more
Here’s our Club Mailbag email [email protected] — so you send your questions directly to Jim Cramer and his team of analysts. We can’t offer personal investing advice. We will only consider more general questions about the investment process or stocks in the portfolio or related industries. Why would anyone invest in the 10-year Treasury when … Read more
By Marc Jones and Chris Mfula LONDON (Reuters) – Zambia’s Securities and Exchange Commission (SEC) has sanctioned Standard Chartered for mis-selling a Chinese property company’s bonds to one of the bank’s local wealth clients at the height of the Asian country’s real-estate crisis, according to a source. The source familiar with the matter told Reuters … Read more