Friday's News Links

[Bloomberg] Treasuries Plunge by Most in Six Months as Fed Rate Bets Shift

[Bloomberg] Stocks Rebound From Six-Week Low as Commodities Climb, Yen Falls

[Bloomberg] Emerging Assets Drop This Week as Hawkish Fed Deters Risk-Taking

[Bloomberg] Yuan Heads for Longest Weekly Losing Streak This Year on Fed

[Reuters] Lacking new ideas, G7 to agree on 'go-your-own-way' approach

[Reuters] Japan, U.S. remain at loggerheads over yen policy

[WSJ] U.S. and Japan Heading for Standoff on Yen Devaluation

[FT] Global corporate defaults rise at fastest pace since 2009

[Bloomberg] Cash-Stuffed Balance Sheets Can’t Match Even Bigger Debt Loads

[Bloomberg] The Fed Has Something to Prove to Wall Street

[Bloomberg] Draghi Reaches ECB Stimulus Milestone With Long Road Ahead

[Bloomberg] The Iron Mountain on China’s Doorstep Tops 100 Million Tons

[Bloomberg] Brazil’s Consumer Inflation Exceeds All Estimates in Mid-May

[WSJ] Balance Due: Credit-Card Debt Nears $1 Trillion as Banks Push Plastic

[Reuters] 'Risk-off flows' from stocks as hawkish Fed spook funds: BAML

[Reuters] China demands end to U.S. surveillance after aircraft intercept

[Bloomberg] Turkey Moves to Prosecute Almost All Pro-Kurdish Party Lawmakers

Thursday Evening Links

[Bloomberg] Asian Stock Futures Signal Drop After Global Slump; Crude Climbs

[Bloomberg] Valeant Gets Notice of Default From Bondholders on Delayed 10-Q

[Bloomberg] Not Much Worries Bond Traders as Term Premium Falls to 1962 Lows

[Reuters] Lipper fund flows IG US$1.146bn inflow; HY US$1.135bn inflow

[Bloomberg] Brazil’s Financial Chief Says Economy Worse Off Than He Imagined

[Bloomberg] Defaults Throw Wrench in China’s $3 Trillion Company Bond Engine

[CNBC] China says it's ready if US ‘stirs up any conflict’ in South China Sea

Thursday's News Links

[Bloomberg] Stocks Retreat to Six-Week Low as Fed Dents Bonds, Commodities

[Bloomberg] Emerging-Market Stocks Erase 2016 Gains as Fed Weighs June Hike

[Reuters] Asian stocks, gold fall as U.S. hike back on the cards; dollar jumps

[Bloomberg] Offshore Yuan’s Worst Drop in Four Months Evokes January Turmoil

[Bloomberg] Moody’s Cuts 2016 U.S. Growth Forecast, Cites Weak Global Demand

[Bloomberg] Trading Floors ‘Quiet’ as Revenue Drops, JPMorgan Analysts Say

[CNBC] Marc Faber: Forget the economy, the Fed is ‘market dependent’

[Bloomberg] Bank of America Just Downgraded Hotels Due to Threats Like Airbnb

[Reuters] BOJ's Kuroda vows to ease more if yen moves hurt price target

[Reuters] Now or later? Euro zone, IMF at odds over when Greece should get debt relief

[WSJ] Professor Suing ECB to Stop QE Warns of Legal Surprises in Coming Weeks

[Reuters] No urgent need or room for fiscal expansion in much of euro zone: Weidmann

[Reuters] China's desire for headline growth may hide longer-term risks: Moody's

[FT] Bankruptcy experts eye Asia boom as debt fears grow

[Reuters] Erdogan ally set to take over as Turkey's new prime minister