Monday, June 21, 2021

Tuesday's News Links

[Yahoo/Bloomberg] Stocks Steady Before Fed Testimony: Markets Wrap

[Yahoo/Bloomberg] Treasury Yields Rebound From Post-Fed Plunge to Multi-Month Lows

[Reuters] Gold ticks up on subdued dollar ahead of Fed chief's testimony

[CNBC] Bitcoin falls again, breaking below key $30,000 level that traders say could lead to more losses

[Reuters] U.S. lawmakers likely to press Powell on Fed's 'hawkish' turn

[CNBC] May existing home sales drop for a fourth straight month as affordability squeezes buyers out

[Yahoo/Bloomberg] ‘Roller-Coaster Ride’ in Bonds Puts Onus on Powell to Bring Calm

[Yahoo/Bloomberg] Fed Pivot Seen as More Detour Than Dead-End for Reflation Trades

[AP] EU investigates Google’s conduct in digital ad tech sector

[Yahoo/Bloomberg] Several Chinese Banks Reduce Evergrande Funding on Debt Risk

[Yahoo/Bloomberg] Evergrande Debt Woes Deepen With Fitch Downgrade, Wary Banks

[Reuters] China's Tianjin city seeks to appease investors over rising funding costs, sources say

[Reuters] Exclusive ECB policymakers at odds on inflation strategy, hope for Sept deal -sources

[Reuters] Brazil cenbank minutes raise possibility of 100 bps hike at next meeting

[Yahoo/Bloomberg] Hedge Funds Get It Wrong With Ill-Timed Dollar, Bond Bets

[Bloomberg] Delta Variant Gains Steam in Undervaccinated U.S. Counties

[WSJ] Wage Gains at Factories Fall Behind Growth in Fast Food

[FT] Baillie Gifford: can a new generation keep riding the tech boom?

[FT] Hedge fund that bet against GameStop shuts down