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Japan’s central bank isn’t responsible for the bloodbath. But it’s reliving a terrible habit of hiking rates at the worst possible time. Continue Reading »
The devastating wildfires in Los Angeles are unlikely to have an impact on the bonds of local governments as US officials promise financial support from the Federal Emergency Management Agency, according to a report from FHN Financial. Continue Reading »
Atop Wall Street’s largest investment banks, executives are locking in plans to award traders and dealmakers their biggest bonus increases since the pandemic, with 10% hikes — or more — coming for many desks, according to people briefed on the plans. Continue Reading »
The wildfires sweeping through Los Angeles are unlikely to trigger significant losses in catastrophe bonds designed to capture such risks. Continue Reading »
A handful of companies have held back on selling high-grade corporate bonds in the US after yields have climbed in the last week close to their highest levels since the middle of last year, boosting potential borrowing costs. Continue Reading »
The UK’s domestically-focused stock index recovered after falling to the lowest since April on concern about the fiscal deficit and higher inflation. The pan-European benchmark gained as investors monitored the outlook for US trade policy. Continue Reading »