Monday, September 27, 2021

Tuesday's News Links

[Yahoo/Bloomberg] Stocks Drop Amid Spike in Treasury Yields: Markets Wrap

[Yahoo/Bloomberg] Brent Oil Soars Above $80 as Global Energy Crunch Shakes Markets

[Yahoo/Bloomberg] Treasury Yields Lead Global Jump Toward 2020 Peak Before Auction

[Yahoo/Bloomberg] European Energy Prices Surge to Records as Supply Crisis Spreads

[Reuters] Dollar boosted by U.S. Treasury yields surge; British pound drops

[Reuters] Asian markets grapple with Evergrande fallout, eye China power crunch 

[Reuters] China coking coal, coke futures leap amid supply crunch

[Yahoo/Bloomberg] Evergrande Shock Makes Corporate Bond Traders Focus on Liquidity

[Yahoo/Bloomberg] China Power Curbs Expand to Include 20 Regions: Energy Update

[Reuters] U.S. goods trade deficit increases in August

[Yahoo Finance] US home price growth reaches new high for fourth consecutive month

[Yahoo/Bloomberg] U.S. Debt-Limit Showdown Intensifies as Democrats Under Pressure

[Reuters] U.S. Senate fails to advance debt ceiling, government funding measure

[Reuters] Exclusive: Fed's Bullard: More aggressive Fed stance best to ensure longer expansion

[Yahoo/Bloomberg] PBOC Vows to Ensure ‘Healthy’ Property Market: Evergrande Update

[Reuters] China asking state-backed firms to pick up Evergrande assets - sources

[Yahoo/Bloomberg] Evergrande Bond Bills Are Piling Up as Latest Coupon Comes Due

[Yahoo/Bloomberg] China Power Crisis to Kick Off Global Race for Coal Imports

[AP] China’s power cuts may foreshadow shortages of global goods

[Yahoo/Bloomberg] Lagarde Says ECB Must Avoid Overreacting to Transitory Inflation

[Yahoo/Bloomberg] Here Are the Contenders to Be Japan’s Next Prime Minister

[Bloomberg] China’s Housing Bubble Puts All Other Housing Bubbles to Shame

[Bloomberg] China’s Electricity Crunch Is World’s Latest Supply-Chain Threat

[Bloomberg] Authers: It's Time to Watch the Bond Market Closely Again

[WSJ] Home-Price Growth Hit Record in July

[WSJ] Ladder Capital and Other Nonbank Lenders See Booming Business

[WSJ] Sunac Isn’t Evergrande—But It Is on Shaky Ground

[FT] Jay Powell to say US price pressures are persisting longer than expected

[FT] Bolsonaro tests Brazilian democracy: ‘Only God can take me from the presidency’

Monday Evening Links

[Reuters] Tech pulls Nasdaq, S&P 500 down as Treasury yields rise

[Reuters] Rising Treasury yields hit tech stocks; oil at 3-year highs

[Yahoo/Bloomberg] Bond Yield Spike Spurs Growth-Into-Value Rotation: Markets Wrap

[CNBC] Dallas Fed President Kaplan to retire early on Oct. 8, citing trading disclosure ‘distraction’

[Reuters] Two Fed officials depart amid scrutiny over investment trades

[Yahoo/Bloomberg] Powell Says Jobs Still Short of Goal as Supply Woes Raise Prices

[Reuters] Explainer: What is behind China's power crunch?

[Yahoo/Bloomberg] Treasuries Face Risk of Prolonged Selloff From Convexity Hedging

[Yahoo/Bloomberg] Brazil Families Face Record Indebtedness as Interest Rates Rise

[NYT] Power Outages Hit China, Threatening the Economy and Christmas

[WSJ] China Power Outages Pose New Threat to Supplies of Chips and Other Goods

[WSJ] Senate Republicans Set to Block Bill Tying Short-Term Funding Bill to Debt Ceiling

[FT] Fed official warns of ‘extreme’ market reaction unless debt ceiling raised

Monday Afternoon Links

[Yahoo/Bloomberg] Tech Stocks Under Pressure as Treasury Yields Rise: Markets Wrap

[Yahoo/Bloomberg] Faangs Drop While Value Stocks Gain; Yields Climb: Markets Wrap

[Yahoo/Bloomberg] Five-Year Yields Rise to 2020 High on Hawkish Central Banks

[Reuters] Strong U.S. business spending on equipment seen underpinning GDP growth in Q3

[Reuters] Fed officials: Bond taper still hinges on continued job growth

[Reuters] Fed's Brainard: U.S. still "a bit short" of jobs mark for bond taper

[Reuters] NY Fed's Williams says tapering of asset purchases may soon be warranted

[Reuters] Fed's highest priority is to get people back to work: Kashkari

[Yahoo/Bloomberg] China Oversees Accounts, No Bond Payment Yet: Evergrande Update

[Yahoo/Bloomberg] Beyond Meat Supplier Warns of Higher Pea Protein Prices

[BBC] The everyday foods that could become luxuries