US sanctions Chinese cyberespionage firm, saying it hacked US energy industry
China state-sponsored malicious cyber actors remain one of the greatest and most persistent threats to U.S. national security, the Treasury said. The cyber security industry has labeled such entities advanced persistent threats (APTs), and the government also uses that acronym. Treasury said APT31 is a collection of Chinese intelligence officers working for the Hubei branch of China's Ministry of State Security (MSS) who carry out cyberespionage campaigns on behalf of the state. Key Points
Economic TimesStocks dip, yields inch up; focus on upcoming US inflation data, earnings
By Caroline Valetkevitch NEW YORK (Reuters) -Global stock indexes mostly eased and Treasury yields edged higher on Tuesday, with investors bracing for key U.S. inflation data this week and the start Key Points
ThePrintYellen: no impact on US Treasury market from ICBC hack
U.S. Treasury Secretary Janet Yellen on Friday said the ransomware attack on the Industrial and Commercial Bank of China that disrupted China's largest bank had not interfered with the market for U.S. government debt. Key Points
ReutersRansomware attack on China's ICBC disrupts Treasury market trades
A ransomware attack on Industrial and Commercial Bank of China (ICBC) disrupted some trades in the U.S. Treasury market on Thursday, the Treasury Department said. Key Points
ReutersUS 30-year mortgage rate plunges by most in nearly 16 months - MBA
The interest rate on the most common type of U.S. residential mortgage plunged last week by the most in nearly 16 months on the back of a rally in the Treasury market that drove down the benchmark yields used to set home loan costs. Key Points
Reuters
Treasury Secretary Janet Yellen defends US debt policy
“Well, I disagree with that assessment,” Yellen said when asked to respond to the accusation during an interview on CNN Thursday night. She said the agency has been lengthening the average maturity of its bond portfolio and “in fact, at present, the duration of the portfolio is about the longest it has been in decades.” Key Points
Economic TimesStocks gain ahead of Fed decision; Treasury yields slip
By Caroline Valetkevitch NEW YORK (Reuters) -Global stock indexes were higher and the U.S. dollar was nearly flat on Wednesday ahead of the afternoon's Federal Reserve's policy decision, while Key Points
ThePrintUS lawmakers urge Yellen to speed up China outbound investment rules
The Republican and Democratic leaders of a U.S. congressional committee on China urged Treasury Secretary Janet Yellen to urgently implement outbound investment restrictions on the country, warning that Beijing was using American capital to develop technologies as her department debated new rules. Key Points
ReutersWall Street surges, oil slumps ahead of Fed meet
Oil prices dropped partly as fears eased about the Israel-Hamas war disrupting supply from the region, and U.S. Treasury yields rose before the Treasury Department's update on its expected financing need for the current quarter. Key Points
Economic Times10-year US Treasury yield tops 5% for first time since 2007
The run-up in yields on the 10-year Treasury bond, seen as a safe-haven in times of economic uncertainty and a benchmark for borrowing costs around the world, has been driven by investors pricing in stronger U.S. growth as well as fiscal slippage. Key Points
Economic Times
Mysterious rise in US Treasury yields perturbs markets
On Friday, the yield on the 10-year US Treasury note climbed to 4.88 percent for the first time since 2007, while the 30-year offering reached 5.05 percent, also a 16-year peak. Key Points
mint6 things that changed for the stock market overnight - Gift Nifty to spike in US Treasury yields
The Asian markets fell to a 11-month low following overnight selloff in US stocks after resilient US economic data led Treasury yields to fresh highs. The US 10-year Treasury yields reached above 4.75%, while the 30-year yield traded near the highest level since 2007. Key Points
mintYellen to attend India G20 summit, focus on economy, climate, Ukraine
U.S. Treasury Secretary Janet Yellen will travel to New Delhi to participate in the G20 leaders summit from Sept. 7-10, making her fourth visit to India in 10 months, the Treasury Department said on Thursday. Key Points
ReutersYellen to travel to India for G20 finance meeting; Vietnam for bilateral talks
U.S. Treasury Secretary Janet Yellen will travel this week to India for meetings with Group of 20 finance officials and Indian officials, and then on to Vietnam for bilateral talks, the Treasury Department said on Thursday. Key Points
ReutersUS stocks close higher on optimism of debt ceiling deal
International Business News: US stock indexes rose on Friday amid the optimism of avoiding a catastrophic US debt default. The S&P 500 increased by 1.3% to 4,205.45, the Dow Jones Key Points
Times Of India
US may run short of cash after June 1 without debt limit hike -Treasury
The United States Treasury warned that the government could run out of cash to pay its bills as soon as June. The Treasury Secretary Janet Yellen sent a letter to Congress informing that the agency will be unable to meet U.S. government payment obligations by early June, urging Congress to raise the debt limit. Key Points
Economic TimesGlobal stock markets - US shares slip, Treasury yields and gold rise
The S&P 500 falls 0.38% at 3,962.27. The Dow Jones Industrial Average loses 0.23% at 32,358.39. The Nasdaq Composite drops 0.79% at 11,676.18 Key Points
mintSoaring Treasury yields ignite turbulence throughout markets
A selloff in U.S. government bonds is jolting everything from stocks to the real estate market, as investors recalibrate their portfolios amid a surge in Treasury yields to their highest levels in more than a decade and a half. Key Points
ReutersExclusive: Trucking firm prepares long-shot bid for Yellow, seeks US Treasury support
One of the largest U.S. privately owned auto transport companies is quietly mounting a long-shot bid - with increasing help from the Biden administration - to rescue trucking giant Yellow Corp (YELLQ.PK) from bankruptcy liquidation and bring back some 30,000 union jobs, according to multiple sources familiar with the discussions. Key Points
ReutersUS should link China's power in IMF to support for debt relief- former US official
The U.S. should demand that China support debt restructuring for struggling poor and middle-income countries as a condition of changes to the International Monetary Fund's shareholding formula, a former senior U.S. Treasury development expert said on Wednesday. Key Points
Reuters
Markets on edge as US debt ceiling talks approach crunch time
U.S. President Joe Biden and House Republican Speaker Kevin McCarthy will meet to discuss the debt ceiling on Monday, less than two weeks before the June 1 deadline after which Treasury expects the federal government will struggle to pay its debts. Key Points
FinancialexpressStocks, US yields fall as investors gauge economic sturdiness
By Chuck Mikolajczak NEW YORK (Reuters) - A gauge of global stocks was poised for a second straight decline and U.S. Treasury yields fell on Tuesday, as investors attempted to assess the policy path Key Points
ThePrintStocks, US yields fall as investors gauge economic health
By Chuck Mikolajczak NEW YORK (Reuters) - A gauge of global stocks declined for a second straight session and U.S. Treasury yields fell on Tuesday, as investors attempted to assess the policy path of Key Points
ThePrintStocks, US yields dip as investors weigh economic strength
By Chuck Mikolajczak NEW YORK (Reuters) -A gauge of global stocks was on track for a second straight decline and U.S. Treasury yields fell on Tuesday, as investors attempted to assess the policy path Key Points
ThePrintShares gain, dollar falls with Fed comments inspiring dovish bets
By Sinéad Carew and Amanda Cooper NEW YORK/LONDON (Reuters) -MSCI's global stock index gained ground on Friday, while U.S. Treasury yields and the dollar were lower after Federal Reserve Chair Jerome Key Points
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Goldman Sachs execs see steeper Treasuries curve, softer demand
Goldman Sachs (GS.N) expects the U.S. Treasuries curve to steepen in the long term, driven by rising fiscal spending, top executives said. Key Points
ReutersAsian shares come off 11-month lows as Treasuries rally
By Stella Qiu SYDNEY (Reuters) - Asian shares rebounded from 11-month lows on Thursday as a plunge in oil prices and softer U.S. labour data helped pull Treasury yields off 16-year peaks, although a Key Points
ThePrintStocks slip, yields rise after US jobs data suggest higher rates
By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -Global shares fell on Tuesday, crushed by a fresh surge in Treasury yields, after data showed U.S. job openings rose more than expected in Key Points
ThePrintMorning Bid: Bruised bonds relying on disinflation
A look at the day ahead in U.S. and global markets from Mike Dolan Key Points
ReutersStocks, dollar slip ahead of Fed decision on rates
By Herbert Lash and Tom Wilson NEW YORK/LONDON (Reuters) -World shares slipped on Wednesday, pulled lower by a slide on Wall Street, while Treasury prices rose as investors deemed the U.S. economy was Key Points
ThePrintWall St advances, Treasury yields climb as robust data boosts soft landing bets
By Stephen Culp NEW YORK (Reuters) -U.S. stocks gained ground on Thursday and benchmark Treasury yields moved higher after robust U.S. labor market data weakened bets that the Federal Reserve would Key Points
ThePrintWall St ends lower, Treasury yields gain as strong data cools rate-cut hopes
By Stephen Culp NEW YORK (Reuters) -U.S. stocks followed their European counterparts to a lower close on Wednesday and U.S. Treasury yields resumed their uphill climb as robust economic data chilled Key Points
ThePrintU.S. stocks dip, Treasury yield gain as solid data dims rate cut hopes
By Stephen Culp NEW YORK (Reuters) -Wall Street extended its sell-off on Tuesday and the benchmark U.S. Treasury yield rose to its highest level in more than a month as robust economic data reduced Key Points
ThePrintStocks ease, yields inch up ahead of US inflation data, earnings
By Caroline Valetkevitch NEW YORK (Reuters) -Global stock indexes mostly dipped and Treasury yields edged higher on Tuesday, with investors bracing for key U.S. inflation data this week and the start Key Points
ThePrintIMF chief Georgieva, Yellen to meet with Egyptian authorities
By Andrea Shalal WASHINGTON (Reuters) - International Monetary Fund chief Kristalina Georgieva and U.S. Treasury Secretary Janet Yellen will meet with Egyptian authorities in Washington on Tuesday, Key Points
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Indian shares set to open higher on falling US Treasury yields, oil prices
Indian shares are set to open higher on Tuesday on falling U.S. Treasury yields, spurred by renewed hopes for an end to the rate hike cycle and as oil prices hovered around $80 per barrel ahead of the OPEC+ meeting. Key Points
ReutersDow Jones tumbles 400 points as August job survey sends shockwaves through Wall Street
International Business News: Stock markets experienced a decline as Treasury yields surged to a 16-year high. The Dow Jones Industrial Average dropped by 1.2%, the S&P 500 decline Key Points
Times Of IndiaRupee caught between further rise in US yields, yuan recovery
The Indian rupee is likely to open little changed on Tuesday on the back of a recovery in the Chinese yuan and other Asian currencies despite a further rise in U.S. yields. Key Points
ReutersAsian shares slip on China worries; U.S. inflation figures awaited
By Ankur Banerjee SINGAPORE (Reuters) - Asian stocks lost ground on Thursday, still hurting from China's slip into deflation, with investors particularly cautious ahead of a crucial U.S. inflation Key Points
ThePrintAsian shares stumble as traders sweat on Fed rates
Gold prices steadied on Thursday following a 1% drop in the previous session, with spot gold up 0.3% at $1,945.89 an ounce. Key Points
Financialexpress
When will the US run out of cash? The answer is complicated.
The Treasury Department has warned that the United States will run out of cash by June 1, and Secretary Janet Yellen has said that the exact date is nearly impossible to predict. Yellen has said that if Congress passes legislation to raise the debt ceiling, the government may be able to avoid defaulting on its debt. Key Points
Economic TimesAsian shares falter on banking concerns, bonds bet on last rate hikes
MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.6%% on Friday, erasing some of the recent gains to be up 1.7% for the week. Key Points
FinancialexpressSenator asks Treasury to bar Chinese battery firms, minerals from US EV tax credits
Democratic Senator Joe Manchin urged the U.S. Treasury on Monday to adopt the "strictest possible standards" to prevent Chinese-produced minerals or Chinese battery companies from winning electric vehicle tax credits. Key Points
ReutersMoody’s lowers US credit outlook, though keeps triple-A rating
A lower rating on US debt could cost taxpayers if it leads borrowers to demand higher interest rates on Treasury bills and notes. The yield on the 10-year Treasury has risen significantly since July, from about 3.9 per cent to 4.6 per cent on Friday. Key Points
India TodayBankers propose Italy's Treasury sells part of Eni stake, sources say
Several investment banks have approached Italy's Treasury with offers to help it sell part of its stake in Eni (ENI.MI), saying the group's current share buyback will allow Rome to reduce its holding without losing full control, sources said on Friday. Key Points
Reuters
Silicon Valley Bank fallout spreads around the world as UK firms plead for help
Silicon Valley Bank s UK unit is set to be declared insolvent, has already ceased trading and is no longer taking new customers. Startup founders are panicking about accessing money and paying employees. Key Points
Economic TimesStocks fall, yields inch higher; focus on upcoming US inflation data, earnings
By Caroline Valetkevitch NEW YORK (Reuters) - Global stock indexes fell and Treasury yields edged higher on Tuesday, with investors bracing for key U.S. inflation data this week and the start of Key Points
ThePrintIndian stocks rise after US inflation data breather
India's blue-chip stocks rose on Friday after logging losses for the past six sessions, after U.S. Treasury yields retreated following weaker-than-expected inflation data, easing some rate-related worries. Key Points
ReutersGold hovers near six-month low as dollar, yields weigh
(Reuters) - Gold edged up on Thursday but hovered near a more than six-month low hit in the last session, as the dollar and Treasury yields held at elevated levels, with markets awaiting U.S. economic Key Points
ThePrintU.S. Treasury tasks JPMorgan with account validation for federal agencies
The U.S. Treasury Department has designated JPMorgan (JPM.N) to provide account validation services for federal government agencies, the investment bank said on Wednesday. Key Points
Reuters
India, U.K agree to make progress on trade pact
Jeremy Hunt, on his first international visit as U.K. Chancellor, also met with business leaders in Bengaluru and visited the offices of tech multinational Wipro which employs over 4,000 people in the U.K. Key Points
The HinduStocks gain, Treasury yields jump after US job report
By Chuck Mikolajczak NEW YORK (Reuters) -A gauge of global stocks rose on Friday, on pace for its sixth straight week of gains, while U.S. Treasury yields shot higher after a strong U.S. jobs report Key Points
ThePrintGlobal stock index gains while Treasury yields, dollar dip after inflation data
By Sinéad Carew NEW YORK (Reuters) - MSCI'S global equities index rose on Friday while U.S. Treasury yields dipped with the dollar after encouraging inflation data from Europe and the United States Key Points
ThePrintAsian shares rise on debt bill progress, Fed pause hopes
The U.S. Senate is on track to pass a bill to lift the government's $31.4 trillion debt ceiling late on Thursday in Washington, Democratic Majority Leader Chuck Schumer said, after the House of Representatives passed the bill on Wednesday. Key Points
FinancialexpressAsia bond traders have reasons to stay calm despite hawkish Fed
Relative to EM regions in Europe, the Middle East, Africa and Latin America, Asian notes have displayed lower sensitivity to Treasury yield moves due to generally more robust fundamentals. Proximity to Chinas economy, the worlds second biggest, also helps reduce the impact in the region from US developments. Key Points
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Investors flock to one-month bills on US debt ceiling jitters, shun others
Rising concerns that the U.S. Treasury Department could hit its debt limit in the coming months are leading investors to shun certain Treasury bills and pour into others as they seek out low risk places to park cash. Key Points
ReutersFalling Treasury yields could turn Fed hawkish if financial conditions ease
Falling Treasury yields helped launch an explosive rebound in stocks and lifted U.S. government bonds from 16-year lows. Now some investors worry that further declines in yields could keep the Federal Reserve in a hawkish stance for longer, potentially hurting asset prices over the longer term. Key Points
ReutersDollar sitting pretty, yen bears wary of BOJ hawks
By Wayne Cole SYDNEY (Reuters) - The dollar was looking to extend its bull run on Monday as lofty Treasury yields and a more restrained outlook for U.S. rate cuts burnished its attractiveness, though Key Points
ThePrintAsia stocks hesitant, dollar firms as US payrolls dent Fed rate cut wagers
By Ankur Banerjee SINGAPORE (Reuters) - Asian shares started the week on a subdued note on Monday, while the dollar firmed as investors weighed when the U.S. Federal Reserve will start cutting rates Key Points
ThePrintGold set for best week in 7 as dollar softens ahead of US jobs data
By Harshit Verma (Reuters) - Gold prices were poised for their biggest weekly gain in seven on Friday as the dollar and Treasury yields retreated, while traders awaited key U.S. jobs data due later in Key Points
ThePrintGold set for best week in 9 as dollar softens ahead of US data
By Harshit Verma (Reuters) - Gold prices were poised for their biggest weekly gain in nine on Friday as the dollar and Treasury yields retreated, while traders awaited key U.S. jobs data due later in Key Points
ThePrintGold dips over 1% as dollar, yields rise on hawkish remarks by Fed's Waller
By Anushree Ashish Mukherjee (Reuters) - Gold prices fell over 1% on Tuesday, pressured by a firmer dollar and higher U.S. Treasury yields after Federal Reserve Governor Christopher Waller's hawkish Key Points
ThePrintGold dips as dollar, yields rise on Fed's hawkish remarks
By Anushree Ashish Mukherjee (Reuters) - Gold prices fell on Tuesday, pressured by a firmer dollar and higher U.S. Treasury yields after Federal Reserve Governor Christopher Waller's hawkish remarks Key Points
ThePrintStocks edge up, 10-year Treasury yield falls as rate cut timing weighed
By Chuck Mikolajczak NEW YORK (Reuters) - A gauge of global equities rose on Wednesday following consecutive declines to start the week, while longer-dated U.S. Treasury yields fell after economic Key Points
ThePrintStocks retreat after rally with jobs data eyed, yields climb
By Chuck Mikolajczak NEW YORK (Reuters) -A gauge of global stocks was poised to snap a four-session winning streak on Monday while Treasury yields rose as investors awaited U.S. labor market data to Key Points
ThePrintStocks pull back after rally with jobs data eyed, yields climb
By Chuck Mikolajczak NEW YORK (Reuters) -A gauge of global stocks fell for the first time in five sessions on Monday while Treasury yields rose as investors awaited U.S. labor market data to gauge the Key Points
ThePrintIndia rupee to rise on drop in US yields, state poll outcome
The Indian rupee is likely to open stronger on Monday, aided by a drop in U.S. Treasury yields following comments from Federal Reserve Chair Jerome Powell and on the back of state election victories for India's ruling party. Key Points
ReutersMorning Bid: Stocks stall after VIX hits pre-COVID low
A look at the day ahead in U.S. and global markets from Mike Dolan Key Points
Reuters