The assumption of higher nominal growth in the U.S. over the coming quarters is generally a bearish signal for bonds, Julius Baer said, but it sees opportunities in the three- to seven-year maturities and keeping the the longer-dated, highest-quality bonds for hedging-related purposes in case of a U.S. recession.
Berkshire Hathaway is hoarding cash in a pattern seen before the financial crisis, but it has a new reason this time.
Some people in the hedge-fund industry hope the president-elect will breathe new life into the business.
(Telecompaper) Poland’s telecommunications regulator UKE has started the 5G auction, after confirming a reduction in the reserve prices for the 700 and 800 MHz bands…
Sterling was stronger against the euro as traders continued to expect modest rate cuts by the BOE, while the ECB might ramp up cuts ING said, adding that EUR/GBP could fall to 0.8200 before the end of the year if the ECB cuts rates by 50bp in December.
Bitcoin prices hit $80,000 for the first time on Sunday. The president-elect has vowed to ease the regulatory burden on crypto and create a reserve to hold the nation’s bitcoin supply.
Japanese stocks were lower, dragged by falls in machinery and brokerage stocks, as initial enthusiasm over Trump’s election victory has run its course.
Gold was steady in the early Asian session as traders continued to digest recent U.S. dollar strength and the uptrend in Treasury yields in the wake of Trump’s election win.
Rising costs for insurance, repair and maintenance are pushing HOA dues higher, often at a faster pace than overall inflation.
Stocks notched their biggest week of the year after Donald Trump’s victory. Now investors have their eye on the bond market.
