Thursday, September 21, 2023

Friday's News Links

[Yahoo/Bloomberg] Stocks Get Respite as Bonds Halt Fed-Fueled Slide: Markets Wrap

[Reuters] Yen falls after BOJ stands pat on easy policy; dollar elevated

[Yahoo/Bloomberg] Oil Rises Toward $94 as Tightening Market Vies With Hawkish Fed

[Yahoo/Bloomberg] Another Yield High as US 10-Year Jumps Above Key 4.5% Level in Post-Fed Bond Rout

[AP] Targeted strikes may spread to other states and cities as midday deadline set by auto workers nears

[Yahoo/Bloomberg] House Republicans Are Charging Toward a Government Shutdown

[Yahoo/Bloomberg] BofA Says Rate Worries Spark Biggest Stock Outflows This Year

[Reuters] Fed is cutting staff after more than a decade of payroll growth

[Yahoo/Bloomberg] BOJ’s Ueda Tamps Down Speculation of Rate Hike, Pressuring Yen

[Reuters] BOJ keeps ultra-loose policy, dovish guidance on outlook

[Reuters] Japan's Aug inflation stays above BOJ target for 17th month

[Yahoo/Bloomberg] China’s Yuan Defense Runs the Risk of Hurting Global Bond Demand

[Reuters] A year after budget crisis, UK debt faces fresh pensions headwind

[Yahoo/Bloomberg] Weak Euro-Area PMI Data Suggest Economy Facing Contraction

[Reuters] China, India lead Asia's biggest hydropower crunch in decades

[Bloomberg] Yen Bears May Come Roaring Back After BOJ Stands Pat: Watchers

[Bloomberg] Two of China’s Strongest Developers Face Ratings Cuts by Moody’s

[NYT] Real Estate Crisis Triggers New Alarms Over China’s Shadow Banks

[WSJ] Japan Waits on Interest-Rate Increases, Although Inflation Runs Above Target

[WSJ] Central Banks Near Rate Peak, but Economic Toll Yet to Be Counted

[FT] How Xi Jinping is taking control of China’s stock market

[FT] El-Erian: The plight of the ‘permacrisis’ and what to do about it

Thursday Evening Links

[Reuters] US stocks close at lowest since June, Treasury yields spike on hawkish Fed

[Reuters] 10-year yields hit 16-year peak as Fed seen higher for longer

[Yahoo/Bloomberg] Wall Street Trading Roiled by ‘Post-Fed Hangover’: Markets Wrap

[Yahoo/Bloomberg] Emerging-Market Stocks Set to Erase 2023 Gains

[AP] Zelenskyy delivers upbeat message to US lawmakers on war progress as some Republican support softens

[FT] US Treasury yields climb as Fed worries spark global sell-off

Thursday Afternoon Links

[Reuters] Nasdaq, S&P hit 1-month lows as rate worries lift yields, drag growth stocks

[Yahoo/Bloomberg] Hyped Trio of IPOs Drop Toward Offer Price With Rates Still High

[Yahoo/Bloomberg] Muni Yields Surge on Federal Reserve’s Higher-for-Longer Stance

[Reuters] Global central banks unite in "higher for longer" credo

[Reuters] Analysis: Europe's currencies feel fresh pain as central bank support fades

[Reuters] Shutdown looms as US House Republicans again block own spending bill

[Reuters] Detroit Three under pressure to progress UAW talks, avoid wider auto strikes

[Yahoo/Bloomberg] US Mortgage Rates Rise for Second Straight Week, Hitting 7.19%

[Yahoo Finance] Mortgage rates top 7% for the sixth straight week — but could go higher

[Reuters] U.S. stock prices near level for 'mechanical selling' - Nomura's McElligott

[Reuters] Russia temporarily bans fuel exports to most countries in response to shortages