Japanese and Euroland trade balances

A Further Rise in 10-Year Sovereign Debt Yields After FOMC Minutes Got Released Yesterday

August 17, 2023

The 10-year U.S. Treasury yield climbed five basis points overnight to a 16-year high. At 4.29%, such is still almost a percentage point south of the 2007 peak of 5.26%. In Europe, 10-year sovereign debt yields rose overnight by six basis points in the U.K., four bps in Italy and Spain and three bps in […] More

More Difficult Access to Credit But Central Banks Still Leaning Into Inflationary Winds\

April 20, 2023

Touted as a hedge against inflation and other uncertainties, cryptocurrencies have proven to be a fair-weather friend. The price of Bitcoin, down another 0.5% overnight, has been a good barometer of whether investors see a cup half full or half empty. Today’s stock market mood has been edgy. U.S. equity futures are down over half […] More