Financial institution of England set for greatest price hike in 27 years as inflation soars

LONDON, February 3: Governor of the Bank of England Andrew Bailey leaves after a news conference at the Bank of England on February 3, 2022 in London, England. The bank is expected to raise rates for its fifth straight meeting on Thursday, but faces a tough balancing act between supporting growth and curbing inflation. Dan … Read more

Financial institution of England set for greatest price hike in 27 years as inflation soars

LONDON, February 3: Governor of the Bank of England Andrew Bailey leaves after a news conference at the Bank of England on February 3, 2022 in London, England. The bank is expected to raise rates for its fifth straight meeting on Thursday, but faces a tough balancing act between supporting growth and curbing inflation. Dan … Read more

US Treasury yields are decrease forward of key Fed choice

US Treasury yields fell on Tuesday as investors braced for an important policy decision from the Federal Reserve. Return on benchmark 10-year Treasury bond down 4 basis points to 2.781%, while yields above 30-year Treasury bond down 4 basis points to 3.01%. Yields move inversely to price and basis point by 0.01%. Much of this … Read more

UK inflation hits new 40-year excessive of 9.4% as price of residing disaster deepens

ONS figures show real wages in the UK in the three months to May fell by the most since records began in 2001. Henry Nicholls | Reuters LONDON – UK inflation hit a new 40-year high in June as food and energy prices continued to soar, escalating the country’s historic cost of living crisis. The … Read more

UK inflation hits new 40-year excessive of 9.4% as price of residing disaster deepens

ONS figures show real wages in the UK in the three months to May fell by the most since records began in 2001. Henry Nicholls | Reuters LONDON – UK inflation hit a new 40-year high in June as food and energy prices continued to soar, escalating the country’s historic cost of living crisis. The … Read more

Treasury yields rise because the curve stays inverted; traders watch the Fed

US Treasury yields were slightly higher on Monday, but the key yield curve remained inverted, with investors gauging the possibility of a Federal Reserve policy change next week. At around 6:04 a.m. ET, yielding above the benchmark 10-year Treasury bond increased to 2.963% while the yield above 30-year Treasury bond an increase of 3.117%. Yields … Read more

Bond yields slide, key yield curve inversion narrows as traders take into account Fed’s subsequent transfer

Key Treasury yield curve inversion narrowed on Friday, after touching steepest level since 2000 Yesterday. Yield curve inversions, or when shorter-dated government bonds have higher yields than longer-term bonds, are often seen by the market as a sign that a recession is coming. But the gap between 2-year and 10-year yields narrowed on Friday as … Read more