8 trillion?! woahh Chinese local government investment vehicles owe $8 trillion and are big dollar bond issuers. Under stress, Beijing may let some default; others might try to offload assets in a weak market. It may get ugly, says @ywchen1 …
by confoundedinterest17 Rollercoaster! (Bloomberg) — Treasury traders are looking for Federal Reserve Chair Jerome Powell to provide some calm after a volatile few sessions that have sent yields on what one bank described as a “roller-coaster ride.” Ten-year yields have swung in a 25-basis-point …
Buckle up! This ‘ultimate bear chart’ signals a pivotal moment for investors As if all the recent action in the reeling stock market, just on its bloodied face, isn’t troubling enough, there’s another reason to be worried. Sven Henrich of …
In a violent, stop-hunting rollercoaster session, the yen rose, then fell, then rose again, with the USDJPY trading at session lows at 6am ET after the BOJ first released language that was deemed more hawkish than expected, with the central …