Banking Chaos Creates ‘Once-in-a-Decade’ Bond Buying Opportunity
(Bloomberg) — Global credit investors are jumping back into bank bonds following a sector-wide rout — though concerns about additional tier 1 debt remain. Most...
Inflation Traders See Scope for Fed Pause to Extend TIPS Gains
(Bloomberg) — Investors are seeking protection for inflation that’s poised to stay higher for longer because they expect the Federal Reserve to abandon its fight...
Euro-Area Core Inflation Hits Record, Backing Case for ECB Hikes
(Bloomberg) — Underlying inflation in the euro area hit a record in March, handing ammunition to European Central Bank officials who say interest-rate increases aren’t...
IMF Says BOJ Should Avoid Hasty Exit, Provide Rate Guidance
(Bloomberg) — The International Monetary Fund said the Bank of Japan should avoid a premature exit from monetary easing and outline conditions for raising its...
Fed Officials See More Work on Inflation Despite Bank Strains
(Bloomberg) — Federal Reserve officials continued to stress the need to lower inflation even as they keep an eye on the fallout from the collapse...
Fed’s Emergency Loans to Banks Fall in Sign of Easing Turmoil
(Bloomberg) — Banks reduced their borrowings from two Federal Reserve backstop lending facilities in the most recent week, a sign that liquidity demand may be...
IMF Needs Billions From Rich Nations to Help Poorest Countries
(Bloomberg) — The International Monetary Fund is calling on its wealthier member nations to contribute to a trust for the poorest countries that is short...
UPDATE 2-Bank of Japan raises maximum amount of bond purchases for next quarter
(Adds comments, rewrites headline and first paragraph) By Junko Fujita TOKYO, March 31 (Reuters) – The Bank of Japan (BOJ) on Friday raised the maximum...
Global dealmaking sinks to lowest level in over a decade
NEW YORK/LONDON, March 31 (Reuters) – Global mergers and acquisitions (M&A) activity shrank to its lowest level in more than a decade in the first...
CORRECTED-First quarter ‘dash for cash’ largest since early 2020 -BofA
(Corrects previous week’s flows into cash to read $142.9 billion (not $112.7 billion), paragraph 2) LONDON, March 30 (Reuters) – Investors moved $508 billion into...