Monday, October 2, 2023

Tuesday's News Links

[Yahoo/Bloomberg] Stocks Drop as US 30-Year Yield Reaches 2007 High: Markets Wrap

[Yahoo/Bloomberg] Treasury 30-Year Yield Rises to Highest Level Since 2007

[Yahoo/Bloomberg] China Stocks in Hong Kong Drop Most Since July as Market Reopens

[Yahoo/Bloomberg] Oil Holds Loss Below $90 With Market Buffeted by Rate Fears

[Reuters] Rouble recovers after slide past 100 vs dollar to 7-week low

[CNBC] August job openings top 9.6 million, more than expected as labor market remains strong

[Yahoo/Bloomberg] Fed’s Mester Says One More Rate Hike May Be Needed This Year

[The Hill] Largest-ever health care strike looms

[Yahoo/Bloomberg] Goldman Joins Wall Street Peers Flagging Rates Risk for Stocks

[Yahoo/Bloomberg] New ETF Boom Defies Saturation Warnings in $7 Trillion Industry

[Reuters] Bank of Canada says firms' pricing behavior could stoke inflation

[Reuters] What would Japanese intervention to boost the weak yen look like?

[Reuters] At WTO, growing disregard for trade rules shows world is fragmenting

[Reuters] Turkish inflation rises to 61.53% in September, near forecast

[Bloomberg] Treasury Selloff Fuels Speculation That Bond Vigilantes Are Back

[WSJ] When Will the Fed Stop Raising Rates? That’s the Trillion-Dollar Question for Bond Investors

[WSJ] Americans’ Growing Reluctance to Quit Their Jobs, in Five Charts

[WSJ] Wall Street Thinks America’s Homes Are Overvalued

Monday Evening Links

[Yahoo/Bloomberg] Big Tech Spared as Bond Selloff Rattles Stocks: Markets Wrap 

[Reuters] Fed policymakers see rates staying high for 'some time'

[Reuters] Fed's Powell: Economy still working through the impact of the pandemic

[Reuters] Exclusive: US warned China to expect updated export curbs in October-US official

[Bloomberg] Private Credit Defaults Risk Reaching 5% Next Year, Bank of America Says

[NYT] China Evergrande’s Founder: From Rags to Riches to Under Investigation

[FT] US Treasury yields hit 16-year high as bond rout resumes

Monday Afternoon Links

[Yahoo/Bloomberg] Stocks Lose Footing Amid Surging Treasury Yields: Markets Wrap

[Yahoo/Bloomberg] Oil Drops Below $90 on Macroeconomic Gloom, High Interest Rates 

[Reuters] US manufacturing sector eyes recovery; construction spending solid

[Yahoo/Bloomberg] Fed’s Barr Says Biggest Question Is How Long Rates Stay High

[Yahoo/Bloomberg] Fed’s Bowman Again Urges Multiple Rate Hikes to Curb Inflation

[Reuters] Hedge funds using computers to sell up to $30 billion of stocks soon - UBS