Thursday's News Links

[Yahoo/Bloomberg] Stocks Mixed as Treasury Yields Near 2007 Peak: Markets Wrap

[Reuters] U.S. 10-year Treasury yield hits highest since October

[Yahoo/Bloomberg] Global Yields March to 15-Year Highs as Rate-Hike Worries Build

[Yahoo/Bloomberg] China Escalates Battle Against Yuan Bears With Fixing Guidance

[Yahoo/Bloomberg] Hong Kong Stocks on Edge of Bear Market as Contagion Fears Mount

[Yahoo/Bloomberg] Emerging-Market Credit Risk Jumps as Hawkish Tilt Batters Bonds

[Yahoo/Bloomberg] Currency Traders Hang on Every Word as Tokyo Jawbones Yen

[Dow Jones] Jobless claims fall 11,000 to 239,000. Layoffs in the U.S. still low

[Dow Jones] Mortgage rates could hit 8%, economists say, citing a worrying sign not seen since the Great Recession

[Yahoo/Bloomberg] China’s Troubled $137 Billion Shadow Bank Plans Debt Restructuring, Taps KPMG

[Reuters] Chinese asset manager eyes restructuring to ease liquidity crunch amid contagion fears

[Reuters] Chinese asset manager Zhongzhi says it is in liquidity crisis -meeting video

[Yahoo/Bloomberg] China Told State Banks to Escalate Yuan Intervention

[Reuters] Exclusive: China's major state banks sell dollars for yuan in London, NY hours - sources

[AP] China’s Xi calls for patience as Communist Party tries to reverse economic slump

[Reuters] China cenbank says it will keep policy 'precise, forceful' to aid recovery

[Reuters] Why is China not rushing to fix its ailing economy?

[Yahoo/Bloomberg] Foreign Funds Flee China Stocks in Record Selling Streak

[Reuters] Japan exports fall for first time since 2021, stoking concerns about outlook

[Yahoo/Bloomberg] Norway Raises Key Rate With End of Tightening Cycle Nearing

[Reuters] China's sliding yuan could be next 'black swan event' for markets, hedge fund EDL says

[Reuters] Factbox: Europe sees another year of droughts and wildfires

[Bloomberg] Americans Have Almost Depleted Excess Savings, SF Fed Study Says

[Bloomberg] US Housing Affordability Hits Worst Point in Nearly Four Decades

[WSJ] Too Many Vacant Lots, Not Enough Housing: The U.S. Real-Estate Puzzle

[FT] The dangerous role of America’s weird lenders-of-next-to-last resort

[NYT] From Detroit to Hollywood, New Union Leaders Take a Harder Line

[FT] Turmoil at Zhongzhi sparks alarm over China’s $3tn shadow financing industry

[FT] Lex in depth: how investors are underpricing climate risks