big Treasury auctions as deficits continue to rise for governments always borrow, yet never pay off the debt as if this can continue without end.
The Montana Farm Bureau says China's delegation has cancelled a planned trip to view US agriculture. Chinese officials will return to Beijing sooner than expected.
The New York Fed outlined a schedule on Friday that would see it conduct daily repurchasing operations through October 10. The repurchasing rate is the...
My potty got jacked.There are four words you'll probably never say. Who steals toilets, right?But your problem is you don't have a solid gold toilet. If you did, it might indeed get jacked. In fact, burglars snatched a 18-karat gold potty valued at about $6 million out of Blenheim Palace in England.
Charles Diebel, head of fixed income at Mediolanum Asset Management, discusses the prospects for debt "monetization" by the Bank of Japan
House prices in Toronto still below 2017 peak. Montreal, Ottawa hit new highs. Quebec City about flat with Jun 2013. Edmonton back to Oct 2007. Calgary rises to March 2014 level.
The NYC rental market continues to move in the opposite direction of the weakening sales market, with rents across the...
Despite the rate cut and significant moves higher in long-dated treasury yields, numerous inversions remain.
“Clearly the center of gravity on the committee is the second adjustment was appropriate,” he said. “Going into October an beyond, we’ll go one meeting at a time.”
We think the Bank of Japan will need to prepare for a longer-term effort to stoke consumer prices with a more flexible operational approach to its stimulus.”
The world economy is turning toward a depressingly familiar cycle of lower rates, renewed quantitative easing and more fiscal stimulus. The return to a persistent semi-slump in advanced economies is likely to increase interest in universal basic income...
It was Fed week. As widely expected, the central bank cut interest rates another 25 basis points on Wednesday. But the real Fed action happened on Tuesday morning and most people didn't even notice.In this episode of the Friday Gold Wrap, host Mike Maharrey talks about all of the Fed mechanizations - not just the rate cut - and what it all could mean.
The dollar slipped on Friday and was headed for a third straight week of losses as central banks in Japan, the UK and Switzerland refrained from cutting rates.
Faced with the threat of recession, the idea of printing money to give directly to voters is gaining ground.
St. Louis Federal Reserve Bank President James Bullard said he argued for a deeper rate cut than his colleagues approved earlier this week because he fears that the economy is slowing and manufacturing “already appears in recession.”
The volume of over-the-counter (OTC) interest rate derivatives traded globally soared by 141% in three years to $6.5 trillion per day in April 2019
Incoming European Central Bank President Christine Lagarde said that global growth is ‘fragile’ and ‘under threat’, the AFP news agency reported on Friday.
The pressure is clearly there, and It sure looks like the cartel wants to give us a flash sale...
Deutsche Bank Chief Global Strategist Binky Chadha explains why he thinks the US economy is much closer to a recession than some people realize.
Nobel Prize-winning economist Robert Shiller says housing lessons learned from the Great Recession might be losing their effect.