Foreign Exchange Insights and Next Week
Fed Policy, Dollar Policy and Trade Policy
August 20, 2019
Among the most consistent themes of Donald Trump from his time as private sector businessman through his candidacy for president and since becoming president of the United States is the view that the country is competing on an unfair trading playing field. Surpluses are good regardless of context. Deficits are bad, and tariff wars can […] More
New Overnight Developments Abroad - Daily Update
Yesterday’s Rebound in Sovereign Debt Yields Trimmed
August 20, 2019
Ten-year sovereign debt yields slipped Tuesday by five basis points in Germany and the United States, three bps in Great Britain and a basis point in Japan. Yields had dropped very sharply earlier in August but staged a rebound yesterday. Without government stimulus, investors fear a continuing global growth slowdown and possibly even a recession. […] More