Monday, October 16, 2023

Tuesday's News Links

[Yahoo/Bloomberg] Stocks and Bonds Slip Before Biden’s Israel Visit: Markets Wrap

[CNBC] 10-year Treasury yield tops 4.80% after hot retail sales data

[Yahoo/Bloomberg] Oil Steadies as Biden Commits to Israel Trip to Contain Crisis

[Yahoo/Bloomberg] Long-End Treasuries Hit by Wildest Swings Since 2020 Pandemic

[Reuters] Biden to visit Israel as Gaza war sparks humanitarian crisis

[CNN Live Updated] Israel-Hamas war rages as crisis in Gaza deepens

[CNBC] Retail sales rose 0.7% in September, much stronger than estimate

[Reuters] Hardline Republican Jim Jordan makes grab for US House speaker's gavel

[Yahoo Finance] Homebuilders feel lousy about housing conditions — except for maybe the biggest ones

[Reuters] Exclusive: China tells banks to roll over local government debts as risks mount - sources

[Yahoo/Bloomberg] Country Garden Bondholders Yet to Get Interest as Deadline Looms

[Reuters] Country Garden's entire offshore debt to be in default if Tuesday payment not made

[Reuters] Country Garden: What happens next?

[Yahoo/Bloomberg] Evergrande Wind-Up Hearing Opens Bumpy Path Toward Liquidation

[Reuters] China's measures to shore up its indebted property sector

[Reuters] China tightens curbs on foreign travel by bankers, state workers

[Yahoo/Bloomberg] Poor Result of Japan’s Bond Sale Signals Weak Demand From Banks

[Yahoo/Bloomberg] Japan’s Largest Trade Union Reportedly Calling For 5% Pay Hikes Next Year

[Reuters] Putin visits 'dear friend' Xi in show of no-limits partnership

[Yahoo/Bloomberg] Will Xi Jinping’s Gamble on Vladimir Putin Pay Off?

[Bloomberg] Long-End Treasuries Fluctuate by Most Since 2020 Pandemic Onset

[NYT] A Higher Monthly Payment, but Less Square Footage

[WSJ] How Long Can the American Consumer Keep Splurging?

[WSJ] It’s Getting Too Expensive to Have Fun

[WSJ] Home Insurance Is So High in This Florida Town, Residents Are Leaving

[WSJ] China Property Bonds Looked Cheap at 20 Cents on the Dollar. They Weren’t.

[WSJ] U.S. Efforts to Divide Russia and China Falter as Vladimir Putin Arrives in Beijing

[FT] El-Erian: US bond market is losing its strategic footing

[FT] Private credit returns are great (if you believe the marks)

[FT] Hamas-Israel war tests a US defence sector already strained by Ukraine

[FT] Jordan warns Middle East is at edge of ‘abyss’

Monday Evening Links

[Yahoo/Bloomberg] Stocks Rise Amid Efforts to Stifle Israel Conflict: Markets Wrap

[Yahoo/Bloomberg] Oil Slips as US Diplomacy in Middle East, Venezuela Calms Market

[Reuters] Ford, UAW leaders spar as auto strike costs rise

[BBC] Putin in China aiming to strengthen anti-West coalition

[Reuters] Amazon River falls to lowest in over a century amid Brazil drought

Monday Afternoon Links

[Reuters] Wall St jumps 1% to kick-start earnings and data-heavy week, megacaps rise

[Yahoo/Bloomberg] Oil Slips as US Diplomacy in Middle East, Venezuela Calms Market

[Yahoo/Bloomberg] Israel Latest: Biden Weighs Trip, EU Warns of ‘Breaking Point’

[Yahoo/Bloomberg] Junk Bonds Yielding Over 10% Hit $325 Billion, Tempting Investors

[Yahoo/Bloomberg] Business Outlook in Canada Drops to Lowest Since Covid Shock

[Yahoo/Bloomberg] China’s Lithium-Triangle Inroads Show US Challenges in EV Race

[NYT] China Bet It All on Real Estate. Now Its Economy Is Paying the Price.

[FT] Global economy faces new age of volatility