Monday, October 23, 2023

Tuesday's News Links

[Yahoo/Bloomberg] Stocks Gain Before Tech Earnings as Bonds Steady: Markets Wrap

[Yahoo/Bloomberg] Oil Holds Loss With Focus on Latest Moves in Israel-Hamas War

[Yahoo/Bloomberg] Treasuries Wild Swings Turn Haven Asset Into Source of Turmoil

[MSN/WP] U.S. Readies Plans for Mass Evacuations if Gaza War Escalates

[Reuters] Israel pledges 'unrelenting attacks' on Hamas; US, Obama urge caution

[Reuters] White House says Iran 'actively facilitating' some attacks on US military bases

[Reuters] Russia, Iran strengthen ties in 'trusting' atmosphere -Russian foreign ministry

[Politico] House GOP speaker field drops to 8 hopefuls — but still has little hope of an easy endgame

[Axios] Breaking down the top contenders in the GOP speaker race

[Yahoo/Bloomberg] “Catastrophe” Bond Market Headed for Major Surge in Issuance

[Yahoo/Bloomberg] Deficit Doubling as US Economy Grows Shows Why Yields Are at 5%

[Yahoo/Bloomberg] A Major Driver of US Equities in the Past Decade Is Fading Fast

[Reuters] Taiwan presidential frontrunner assails China over Foxconn probe

[Reuters] China to choose fiscal muscle over big reforms to revive economy

[Yahoo/Bloomberg] China to Make Rare Mid-Year Budget Tweak, Issue Sovereign Debt

[Yahoo/Bloomberg] China’s Selloff Is Showing Signs of Panic as Investors Flee

[Yahoo/Bloomberg] China Sovereign Fund Buys ETFs in New Bid to Boost Stocks

[Yahoo/Bloomberg] Xi Makes Unprecedented Central Bank Visit in Sign of Focus on Economy

[Yahoo/Bloomberg] BOJ Wades Back Into Bond Market to Curb Rising Japan Yields

[Yahoo/Bloomberg] BOJ to Watch Yields Till Last Minute to Decide YCC Tweak, Sources Say

[Reuters] Japan's factory, service sector activity under pressure in Oct - PMI

[Reuters] Euro zone October PMI at near 3-year low, stirring recession worries

[Reuters] German business activity slump suggests recession 'well underway' -PMI

[Bloomberg] China’s Property Crisis Is Upending Tens of Thousands of Lives

[Bloomberg] China’s Mystery 14,960 Municipal Debt Issuers

[WSJ] How the Highest Bond Yields in 16 Years Could Chill the Hot U.S. Economy

[WSJ] How Far Is China’s Slowdown Spreading? Ask a Dairy Farmer 6,000 Miles Away

[WSJ] How China Could Turn Crisis to Catastrophe

[FT] ECB set to pause rate rises as focus shifts to shrinking balance sheet

Monday Evening Links

[Reuters] Wall Street ends mixed as Treasury yields ease, focus turns to earnings

[Yahoo/Bloomberg] Wall Street Trading Rattled by Wild Treasury Moves: Markets Wrap

[Yahoo/Bloomberg] Oil Falls as Possible Delay of Gaza Invasion Keeps War Contained

[Reuters] Intelligence shows Iranian-backed militias are ready to ramp up their attacks against US forces in the Middle East

[Yahoo/Bloomberg] Unlike Markets, Fed Isn’t Too Worried About 5% Yields — Yet

[Yahoo/Bloomberg] New Age for Treasuries Means 6% Yield Isn’t ‘Out of the Picture’

[Bloomberg] US-China Tensions Are Top Geopolitical Risk, BlackRock Says

Monday Afternoon Links

[Reuters] Wall Street rises as 10-year Treasury yield retreats below 5% 

[Yahoo/Bloomberg] Oil Drops as Possible Delay of Gaza Invasion Keeps War Contained

[Reuters] GM, Ford slip after UAW warns of more walkouts, analysts say deal is close

[WSJ] Bond Rout Drives 10-Year Treasury Yield to 5%

[FT] China and Philippines trade accusations after collisions in South China Sea