Thursday's News Links

[Yahoo/Bloomberg] Reflation Angst Spreads to Stocks as Yields Slide: Markets Wrap

[CNBC] 10-year Treasury yield falls to 1.25% amid concerns about economic growth, Covid variant

[Yahoo/Bloomberg] Bonds Lead Rethink on Reflation as Central Banks Signal Support

[Yahoo/Bloomberg] Gold Extends Gain Above $1,800 After Treasury Yields Decline

[Yahoo/Bloomberg] Tech Stocks Drag Key China Index in Hong Kong Toward Bear Market

[Reuters] U.S. jobless claims unexpectedly rise

[Yahoo/Bloomberg] ECB Unveils Higher Inflation Goal That Tolerates Overshoot

[Yahoo/Bloomberg] 229% Surge in China-U.S. Shipping Costs Drives Inflation Pressure

[Yahoo/Bloomberg] Evergrande’s $32 Billion of IOUs Add to Liquidity Concerns

[Reuters] Japan's bank lending rise at slowest pace in 8 years as COVID-19 hit subsides

[Reuters] Sydney sees worst day of 2021 as Delta COVID-19 outbreak spreads

[CNBC] Six vaccinated countries have high Covid infection rates. Five of them rely on Chinese vaccines

[Bloomberg] The Whole World’s in a Housing Bubble Now

[Bloomberg] The ECB Shift on Inflation Is in the ‘Whatever It Takes’ Spirit of Draghi

[Bloomberg] Crypto Scammers Rip Off Billions as Pump-and-Dump Schemes Go Digital

[WSJ] Fed Officials See Earlier End for Bond Buying, Emphasize Patience

[Bloomberg] A $9 Trillion Binge Turns Central Banks Into the Market’s Biggest Whales

[WSJ] Borrowing Is Back as Sign-Ups for Auto Loans, Credit Cards Hit Records

[FT] Plunge in Treasury yields reverberates around markets

[FT] ECB changes inflation target, leaving extra room to keep rates low

[FT] Investors christen ‘unicorns’ at record pace

[FT] Auction sales more than double this year

Wednesday Evening Links

[Yahoo/Bloomberg] Asia Eyes Steady Open, Bonds Up Amid Taper Debate: Markets Wrap

[CNBC] Stock futures tick higher after S&P 500, Nasdaq notch fresh records 

[Reuters] Fed keen to be 'well positioned' to act on inflation, other risks, minutes show

[Reuters] Fed discussed design for possible standing repo facility, minutes show

[Reuters] Biden promotes corporate taxes in Illinois as business opposition mounts

[CNBC] States bring a new antitrust suit against Google over its mobile app store

[Yahoo/Bloomberg] ECB Agrees on New Inflation Goal of 2%, Will Allow Overshoot

[Yahoo Finance] Super rich’s wealth concentration surpasses Gilded Age levels

[CNBC] U.S. housing shortage will be around for ‘years to come,’ says Taylor Morrison CEO

Wednesday Afternoon Links

[Reuters] Defensive, industrial stocks pull S&P 500, Dow higher

[Yahoo/Bloomberg] Yields Crack 1.30% as Bond Surge Signals End of Reflation Trade

[Yahoo/Bloomberg] Oil Drops With Stronger Dollar and OPEC-Fueled Uncertainty

[Yahoo/Bloomberg] The Great Reflation Trade Is Buckling All Across Wall Street

[Reuters] Analysis: Reflation rethink sends bond markets into a spin

[Yahoo Finance] Gold prices steamrolling toward $2,000: Goldman Sachs

[AP] US job openings rise to record high, layoffs hit record low

[Reuters] Russian inflation accelerates to 6.5% y/y in June, above forecast

[Yahoo/Bloomberg] Cut to Junk, Colombia Dispatches Finance Chief, CEOs to New York

[AP] Explainer: Assassination threatens more chaos for Haiti