Monday, March 29, 2021

Tuesday's News Links

[Yahoo/Bloomberg] Treasury Yields Rise With Biden Spending in Focus: Markets Wrap

[CNBC] 10-year Treasury yield hits 14-month highs, topping 1.77%

[Reuters] Nasdaq down as spike in yields pressures tech stocks

[Reuters] Dollar gains as U.S. recovery bets stoke Treasury yields

[Yahoo/Bloomberg] Turkish Lira Pares Drop as Central Bank Chief Vows Tight Stance

[Yahoo/Bloomberg] New U.S. Stimulus Bets Overshadow Archegos to Reignite Bond Rout

[Reuters] Analysis: Debacle at Archegos throws excessive risk-taking into spotlight

[Yahoo/Bloomberg] Billions in Secret Derivatives at Center of Archegos Blowup

[Reuters] Credit Suisse in firing line after Archegos losses

[Reuters] Brazil's Bolsonaro shuffles Cabinet as COVID-19 pressure mounts

[Yahoo/Bloomberg] Value Quants Take Wall Street by Storm With Best Run Since 2000

[Bloomberg] Credit Suisse Bid for Tidy Archegos Fix Ends With Banks Brawling

[Bloomberg] U.S.-China Tensions Worsened Chip Crunch, TSMC Chairman Says

[NYT] Banks Face Billions in Losses as a Bet on ViacomCBS and Other Stocks Goes Awry

[WSJ] Archegos Blowout Heaps Pressure on Credit Suisse

[WSJ] U.S. Home-Price Growth Accelerated in January

[WSJ] China’s Big Banks Eked Out Higher Profits in Turbulent 2020

[FT] Erdogan fires central bank deputy governor in latest shake-up

[FT] US to make it easier for diplomats to meet Taiwanese officials

[FT] China’s housing crash exposes a growing regional economic divide

[FT] Brazil’s Bolsonaro shakes up cabinet as pressure mounts over Covid handling

[FT] Foxconn warns components shortage to last until 2022

[FT] Japan powers up for the new battle over batteries

Monday Evening Links

[Yahoo/Bloomberg] Asia Stocks Open Mixed, Wary of Archegos Fallout: Markets Wrap

[Reuters] S&P 500 ends a hair lower; hedge fund default concerns hit banks

[Reuters] Treasuries - Yields curve steeper on U.S. vaccinations, infrastructure spending

[Yahoo/Bloomberg] Wall Street Banks Summoned by Regulators After Hwang’s Blowup

[Reuters] Global banks face losses, regulatory scrutiny after Archegos share dump

[Yahoo/Bloomberg] Archegos Breaks Silence, Saying ‘All Plans Are Being Discussed’

[Yahoo/Bloomberg] Toomey Calls Fed’s Climate and Race Research ‘Political’ Mission Creep

[Yahoo/Bloomberg] One of World’s Greatest Hidden Fortunes Is Wiped Out in Days

[Reuters] Factbox - Biggest blowups among financial funds

[Bloomberg] Archegos Drama Hardly Ruffles a Market That’s ‘Drunk on Risk’

[WSJ] Senate Democrats Push for Capital-Gains Tax at Death With $1 Million Exemption

Monday Afternoon Links

[Yahoo/Bloomberg] Stocks Fluctuate Amid Archegos Harm Speculation: Markets Wrap

[Reuters] Banks lead Wall Street lower on hedge fund default concerns

[Reuters] Archegos margin call share dump ripples across markets

[Yahoo/Bloomberg] Teng Yue, Hedge Fund Run by Ex-Hwang Analyst, Denies Liquidation

[CNBC] CDC chief warns U.S. headed for ‘impending doom’ as Covid cases rise again: ‘Right now I’m scared’

[Reuters] Fed's Waller says economy is 'a long way' from rate hike

[Reuters] Turkey's Erdogan repeats call for citizens to convert forex, gold holdings

[Bloomberg] Italy’s Deficit May Be Close to 10% in Second Year of Crisis

[WSJ] Archegos Liquidation Hit Nomura, Credit Suisse

[FT] How Bill Hwang got back into banks’ good books — then blew them up

[FT] Credit Suisse and Nomura warn of losses after Archegos-linked sell-off

[FT] A second cold war is tracking the first