Bill Ackman says Treasury yields are going higher in a hurry, and that investors should shun U.S. government debt
Bill Ackman has had a good summer, with his bet on 30-year Treasury bonds paying off in dramatic fashion over the past few weeks. In...
Unprecedented Gold Hoarding By Central Banks Heralds Financial Sea Change
My estimation of global official gold reserves hit 38,764 tonnes in Q2 2023, breaking its previous record from 1965. The new high confirms the world...
Federal Reserve’s ‘Last Mile’ of Inflation Fight Will Be No Cakewalk
September 11, 2023 at 5:00 AM EDT All eyes this week will be on the release of the US consumer price index for August on...
China debt risks loom over global financial system
HONG KONG — The slump in China’s real estate market has heightened the risk of defaults by developers that could leave Chinese banks with massive...
Coinbase to upsize debt repurchase by $30M By Cointelegraph
[ad_1] © Reuters. Cryptocurrency exchange Coinbase (NASDAQ:) has upsized its debt buyback offer from $150 million to $180 million. According to the Sept. 5 announcement,...
Country Garden faces second debt challenge in days as offshore payment comes due By Reuters
[ad_1] © Reuters. FILE PHOTO: A construction site of residential buildings by Chinese developer Country Garden is pictured in Tianjin, China August 18, 2023. REUTERS/Tingshu...
Country Garden: How bad are the Chinese property developer’s debt problems? By Reuters
[ad_1] © Reuters. FILE PHOTO: A view of closed shops in a mall at Country Garden’s Forest City development in Johor Bahru, Malaysia August 16,...
Some offshore creditors of Country Garden consider forming group for debt revamp talks By Reuters
[ad_1] © Reuters. FILE PHOTO: The company logo of Chinese developer Country Garden is pictured at the Shanghai Country Garden Center in Shanghai, China August...
‘We are buyers of gold on weakness’: Yellow metal resilient as real rates surge, says Morgan Stanley
Gold appears resilient amid the recent surge in real interest rates, presenting a buying opportunity over the intermediate term, according to Morgan Stanley’s wealth-management business....
Does high US consumer debt benefit Bitcoin price? By Cointelegraph
[ad_1] © Reuters. On the latest episode of Macro Markets, Cointelegraph analyst Marcel Pechman explains why United States consumption remains strong while auto-loan and credit...