In this pool photograph distributed by the Russian state agency Sputnik, (L-R front row) India’s Foreign Minister Subrahmanyam Jaishankar, Iran’s President Masoud Pezeshkian, Russia’s President Vladimir Putin, India’s Prime Minister Narendra Modi and South Africa’s President Cyril Ramaphosa pose for a photo with the leaders of the BRICS Business Council and the BRICS Women’s Business…
U.S. Treasurys steadied on Friday, as bond markets remained on edge after yields surged to multiyear highs during Thursday’s session. The 10-year U.S. Treasury note yield —the key benchmark for mortgage borrowing, auto loans and credit card debt — was flat in early trade at 4.9424%. The longer-dated 30-year Treasury bond yield, which is more sensitive to geopolitical risks,…
Treasury yields hit multi-year highs on Thursday as traders await the release of U.S. wholesale inflation data later due later in the session The 10-year U.S. Treasury note yield — the key benchmark for mortgage borrowing, auto loans and credit card debt — was up more than 2 basis points at 4.867%. That’s the highest level…
The Treasury Department on Wednesday said it will buy back up to $6 billion of government debt in an operation aimed at keeping bond markets functioning. The much-anticipated announcement triples the normal buyback operation and follows an announcement Aug. 19 from Treasury Secretary Scott Bessent that the department would at least double the normal amount…
Markets are set to find out Wednesday just how aggressive the Treasury Department’s bond-buying program will get, as Secretary Scott Bessent dared currency traders to challenge him. The department is expected to announce around 11 a.m. the size of a buyback operation it announced Aug. 19, an aggressive move and part of a broader strategy…
The British pound has largely shrugged off another change of government and geopolitical shocks to outperform many of its peers this year, but the currency’s recent weakness could be set to deepen. Sterling has gained around 1.6% against the euro year-to-date, adding 2.8% against the Swiss franc, 4.9% against the Swedish krona and 1% against…
China’s consumer and wholesale inflation rebounded in August, as higher global commodity costs and surging high-tech demand cushioned persistently tepid domestic consumption. The producer price index increased 3.8%, according to data released by the National Bureau of Statistics on Wednesday, exceeding economists’ forecast for a 3.6% gain and outpacing July’s 3.5%, the weakest in three…
SHENZHEN, CHINA – MAY 1: The Chinese national flag is seen in front of stacked shipping containers bearing MSC (Mediterranean Shipping Company), Maersk, and Hamburg Süd branding at Yantian Port on May 1, 2026, in Shenzhen, Guangdong Province, China. Cheng Xin | Getty Images News | Getty Images China’s trade gained pace in August, though…
A China-Africa liner carrying 23800 tons of mechanical equipment and engineering vehicles set sail from Yantai Port to Ghana, Yantai City, Shandong Province, China on September 3, 2026. Cfoto | Future Publishing | Getty Images Hi, this is Evelyn, writing to you from Singapore. Welcome to the latest edition of The China Connection — a…
YICHANG, CHINA – AUGUST 03: A netizen displays Japanese yen and US dollars on August 3, 2026 in Yichang, Hubei Province of China. Japan and the US have confirmed that they jointly intervened last week to halt a slide in the yen after it weakened to a fresh 40-year low. (Photo by Liu Junfeng/VCG via…
