Wednesday, October 3, 2018

Wednesday Evening Links

[Reuters] Financials lift Wall Street, but rate worry caps gains

[CNBC] Rates are surging with 10-year, 30-year Treasury yields touching multiyear highs

[Reuters] Treasuries-Yields hit decade highs as case for Dec rate hike mounts

[Reuters] Powell says we're 'a long way' from neutral on interest rates, indicating more hikes are coming

[Reuters] U.S. services sector activity hits 21-year high; hiring accelerates

[CNBC] The oil market 'fever' might push prices toward $100 before it breaks

[CNBC] Mortgage fraud is getting worse as more people lie about their income to qualify for loans

[AFP] Amid trade spat, US-China military tensions soar 

[WSJ] Treasury Yields Rise to Multiyear Highs After Strong Data

[WSJ] Employer-Provided Health Insurance Approaches $20,000 a Year

[WSJ] The $500 Million Central Bank Heist—and How It Was Foiled

[WSJ] An Unusual Year for Haven Assets Continues

[WSJ] Hedge Fund Highfields Capital To Return Money to Clients

[FT] Treasury sell-off builds as yields eye biggest rise since 2016 election

[FT] US junk debt provides strong returns despite broader woes

[FT] Fed official says US ready for return to tight monetary policy

[FT] Greek bank shares slide on bad debt worries

Wednesday's News LInks

[BloombergQ] U.S. Stocks Head for Records, Treasuries Slide: Markets Wrap

[Reuters] Italy budget concession hopes switch risk sentiment back on

[BloombergQ] Turkish Assets Tumble as Inflation Puts Policy in the Spotlight

[CNBC] India's rupee sinks to record lows. Its central bank isn't expected to save it

[CNBC] 'Rip-Private payrolls grew by 230,000 in Sept, vs 185,000 expected: ADP

[CNBC] ISM non-manufacturing index hits 61.6 in September, vs. 58 estimate

[BloombergQ] Italy to Bow to EU and Cut Deficit to 2% in 2021, Corriere Says

[BloombergQ] When It Comes To Rates, What Are Central Banks Going To Do Next?

[Reuters] Federal Reserve prepares for next crisis, bets it will begin like the last

[Reuters] Fed's Barkin cites Brexit, political crisis as potential economic shocks

[BloombergQ] New Yorkers Are Listing Their Homes for Both Sale and Rent

[BloombergQ] How China's Peer-to-Peer Lending Crash Is Destroying Lives

[BloombergQ] Turkish Inflation Near Record High in Erdogan Era on Lira

[BloombergQ] A Moment Of Truth For NBFCs...And For The System

[WSJ] New Nafta Shows Limits of ‘America First’

[WSJ] Companies Lure New Workers With College Coaching, Student Debt Repayment

[WSJ] China to Raise Billions in U.S. Dollar Debt as Trade Tensions Persist

[FT] Why the US-China stand-off is bad for investors

[FT] Italy’s budget fight: the next steps for Rome and Brussels