Analysis: Interest Rates

Waller and Bessent help peg back Treasury yields

A look at the day ahead in U.S. and global markets from Mike Dolan Salvos from a Federal Reserve governor and the incoming Treasury Secretary helped nail down this week's...

Morning bid: Cautious end to week as Trump inauguration looms

A look at the day ahead in European and global markets from Kevin Buckland The tone in the equities markets was decidedly feeble as the week came to an end, with Chinese markets getting...

China's property investment drops 10.6% in 2024, sales slump 12.9%

Property investment in China fell 10.6% in 2024, after tumbling 10.4% year-on-year in the first eleven months, National Bureau of Statistics data showed on Friday. Property sales by...

US Trade Representative says China's shipbuilding sector hurts US, is actionable

The U.S. Trade Representative said its trade probe of China's dominance of the maritime, logistics and shipbuilding sector is unreasonable and burdens or restricts U.S. commerce.USTR said on Thursday...

China Vanke's CEO taken away by authorities, state media reports

China Vanke CEO Zhu Jiusheng was taken away by public securities authorities on Wednesday, state media The Economic Observer reported on Thursday, citing sources. Vanke did not...

Inflation relief and bumper bank earnings

A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street's best day of the year so far was rooted in inflation relief and a boom in bank stocks reporting bumper...

China will continue to help Sri Lanka achieve financial relief

China will continue to play a positive role in the International Monetary Fund and maintain friendly communication with other creditors, in assisting Sri Lanka to achieve financial relief and debt...

Trump Treasury pick Bessent faces Senate grilling on taxes, trade, deficits

President-elect Donald Trump's pick for Treasury secretary, hedge fund manager Scott Bessent, vowed to maintain the dollar's status as the world's reserve currency as he prepared to face questions...

Indian central bank's daily liquidity infusion to aid money markets, traders say

Reserve Bank of India's plan to infuse liquidity into the banking system daily via variable rate repo auctions will lead to a drop in overnight interbank and money market rates, as well as near-end...

Indonesia central bank says rupiah's weakness under control

Indonesia's central bank said the rupiah's fall against U.S. dollar was still under control, after the currency slid to its weakest level in more than six months on Thursday following a surprise cut...

Yellen says Trump's plan for new revenue agency won't save money for taxpayers

U.S. Treasury Secretary Janet Yellen said on Wednesday U.S. President-elect Donald Trump's plan to set up a new government agency to collect tariffs would duplicate an existing agency and was unlikely...

Chinese overnight rate spikes to 16% as cash tightens ahead of holiday

Overnight borrowing costs for some Chinese financial institutions jumped as high as 16% on Wednesday, according to traders, due to tight cash supplies in the market ahead of the week-long Lunar New...

Bank Indonesia delivers surprise rate cut to support growth

Indonesia's central bank unexpectedly cut policy rates on Wednesday, resuming its monetary easing aimed at propping up growth in Southeast Asia's largest economy despite financial market volatility...

Morning bid: Inflation duo takes centre stage

A look at the day ahead in European and global markets from Stella Qiu Bond investors may have drawn some comfort from the benign miss in U.S. producer price data but a duo of CPI...

India's central bank assigns deputy M. Rajeshwar Rao to lead monetary policy department

India's central bank on Tuesday said deputy governor M. Rajeshwar Rao will handle monetary policy and economic research departments in a reorganisation of portfolios as Michael Patra's term ends. ...

Inverted swaps curve shows investors pare China rate cut bets

Investors are dialling back bets on near-term rate cuts in China, the derivatives market shows, as expectations grow that policymakers will refrain from easing policy when the yuan is weakening. ...

Rates: A lesson to ponder

Over the past few days, the yield on British 10-year bonds, commonly known as Gilt, has risen to touch the symbolic 5% threshold. Fears about the ability to meet debt repayments against a backdrop of...

India may record FY25 fiscal deficit at 4.7%-4.8% of GDP, Mint reports

India may record a fiscal deficit for the current fiscal year at 4.7%-4.8% of gross domestic product , lower than the government's estimate of 4.9%, primarily driven by lower expenditure, finance...

Hong Kong to expand yuan trade finance, Bond Connect schemes, HKMA says

Hong Kong will launch a new yuan-denominated trade finance scheme and expand the hours and scope of its Bond Connect program for mainland China investors, Eddie Yue, Chief Executive of the Hong Kong...