Stocks and bonds are tumbling after the December jobs report came in much stronger than expected. Nonfarm payroll additions smashed forecasts, while the US unemployment rate unexpectedly fell. The data suggests a slower pace of rate cuts from the Federal Reserve through 2025. Markets were rocked Friday after the December employment report came in much … Read more
Financial markets have been choppy since the November election, and for good reason. With the next presidential administration promising sharp policy changes on a broad range of economic issues, there is plenty to be nervous about. The new proposals are dizzying. The president-elect says he wants to deport millions of immigrants; impose tariffs on all … Read more
(Bloomberg) — The beaten-down US government bond market is looking for a reprieve from Friday’s December employment report. Most Read from Bloomberg While bearish wagers have been growing, the steep rise in yields since mid-September may mean that strong data will hurt the market less than weak data will help it, some investors and strategists … Read more
By Lewis Krauskopf NEW YORK (Reuters) – U.S. inflation data in the coming week could test the nerves of stock investors and further inflame worries about rising Treasury yields and uncertainty over Donald Trump’s policy plans. After back-to-back standout years, the stock market has wobbled out of the gate in 2025, with the benchmark S&P … Read more
In a striking sign of the Chinese economy’s stagnation, the central bank said on Friday that it had temporarily stopped buying government bonds. The central bank’s unexpected action is aimed at braking a recent shift by investors toward purchasing bonds while shunning riskier assets like stocks and real estate. That shift has driven China’s long-term … Read more
BEIJING — The Chinese central bank halted its government bond purchases Friday in an attempt to slow a one-way bonds trade that’s put unwanted downward pressure on the yuan, analysts said. China’s 10-year bond yield plunged to a record low this month, while the Chinese currency traded in Hong Kong on Wednesday hit its weakest … Read more
What’s going on here? Indian bonds are holding steady even as New Delhi gears up for a major 270 billion rupee debt sale, bolstered by strong foreign investments. What does this mean? The Indian government is set for a hefty debt sale this Friday, but bond yields have been mostly stable. The 10-year bond yield … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Thirty years ago when I started on the grad programme at Morgan Grenfell Asset Management, we equity kids looked down on the losers in fixed income. Bonds were dull and no one was particularly hot. … Read more
Roberto Silva, president of the Argentine National Securities Commission. Argentina is trying to make it easier for companies to raise sell bonds domestically in an effort to grow the local capital markets and encourage more people to invest in debt securities. The country’s securities regulator issued a resolution Thursday that removes a requirement for issuers to … Read more
A look at the day ahead in European and global markets from Stella Qiu Most stocks in Asia are down on Friday, following the lead of Wall Street futures, ahead of the all-important payrolls report, which could push Treasury yields and the U.S. dollar even higher. Both Nasdaq futures and S&P 500 futures were down … Read more