Tuesday's News Links

[CNBC] Dow falls 500 points as banking concerns linger, Fed decision looms: Live updates

[Reuters] US regional bank stocks fall for second day as First Republic failure weighs

[Yahoo/Bloomberg] T-Bill Yields Spike on X-Date With JOLTS in Focus: Markets Wrap

[Reuters] Stocks on edge as traders wait on central bankers

[Yahoo/Bloomberg] Oil Drops as Product Prices, Chinese Data Highlight Weak Demand

[Reuters] Yen sinks to 15-year low vs euro as dovish BOJ contrasts with ECB

[CNBC] Job openings fell more than expected in March to lowest in nearly two years

[Reuters] Fed in stride to pole-vault 5% policy rate, then perhaps catch its breath

[Reuters] US may default on June 1 without debt ceiling hike; Biden, McCarthy to meet

[Politico] Fast-approaching debt deadline jolts a flat-footed Congress

[Reuters] Australia central bank stuns with 25-bps hike, warns more might be needed

[Reuters] Euro zone inflation picks up but core unexpectedly slows

[Yahoo/Bloomberg] ECB Says Euro-Area Banks Curbed Credit by More Than Expected

[Yahoo/Bloomberg] China Builder KWG’s Shares, Dollar Bonds Plunge After Default

[Reuters] China's exit bans multiply as political control tightens under Xi

[Yahoo/Bloomberg] China Renews Embrace of Maduro’s Venezuela as the US Looks On

[NYT] Why Many on Wall Street Fear the Banking Crisis Isn’t Over

[NYT] Fed Will Decide Next Rate Move After Bank Jitters

[NYT] Late-Night Negotiating Frenzy Left First Republic in JPMorgan’s Control

[NYT] In an Unsteady Banking Industry, First Republic’s Problems Stood Out

[WSJ] The Air Has Come Out of the Dollar

[FT] Fed’s inflation fighters confront message challenge on policy pause

[FT] US government risks running out of cash as soon as June 1, Yellen warns

[FT] Investors warn of First Republic aftershocks

[FT] Beijing’s ‘men in black’ step up scrutiny of foreign corporate sleuths

[FT] Joe Biden says US commitment to defending Philippines is ‘iron clad’

[FT] Poland and Germany: the feud at the heart of Europe

Monday Evening Links

[Reuters] Wall Street near flat in wake of First Republic news, awaiting Fed decision

[Yahoo/Bloomberg] Billion-Dollar Corporate Bond Deals Hit Treasuries: Markets Wrap

[Yahoo/Bloomberg] Oil Extends Loss Into Third Week on Concerns Over China Recovery

[Yahoo/Bloomberg] Yellen Warns Congress Treasury May Run Out of Cash Soon as June

[AP] Yellen says US could hit debt ceiling as soon as June 1

[AP] Fed is set to raise rates yet again. After that, then what?

[AP] FDIC recommends raising insured deposit limit for businesses

[Yahoo Finance] Private equity was not immune to ‘the siren song of liquidity,’ Apollo CEO says

[NYT] Trickling Tax Revenue Complicates Debt Limit Talks

[WSJ] Treasury Chief Janet Yellen Says U.S. Risks Default as Soon as June 1 Without Debt Ceiling Increase

Monday Afternoon Links

[Reuters] S&P 500, Dow steady on boost from JPMorgan; Fed meet in focus

[Reuters] First Republic collapse sparks regional bank shares sell-off

[Yahoo/Bloomberg] Wall Street’s Corporate Bond Rush Sinks Treasuries: Markets Wrap

[Yahoo/Bloomberg] Oil Extends Loss Into Third Week on Concerns Over China Recovery

[Reuters] Factbox: JPMorgan's deal for collapsed First Republic explained

[Reuters] Explainer: Why First Republic Bank failed and what JPMorgan's deal means

[Yahoo/Bloomberg] First Republic’s Jumbo Mortgages Brought On the Bank’s Failure

[Yahoo/Bloomberg] US Factory Activity Contracts for a Sixth Month, ISM Data Show

[Yahoo/Bloomberg] Blackstone’s Real Estate Trust Limits Withdrawals for Sixth Straight Month

[Yahoo/Bloomberg] Commercial Real Estate Market Faces Next Wave of Financial Stress, Apollo’s Rowan Says

[FT] What the protracted game of chicken over First Republic tells us

[FT] How Jamie Dimon swooped on the remains of First Republic