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
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 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
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
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
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
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