Wednesday, October 18, 2023

Thursday's News Links

[Yahoo/Bloomberg] Treasury 10-Year Yields Near 5%; Tesla Slides: Markets Wrap

[Reuters] Stocks slip as Treasuries graze 5%, Middle East war rages

[Yahoo/Bloomberg] Emerging Market Losses Deepen as US Treasury Yields March to 5%

[Yahoo Finance] Surging bond yields are the stock market's biggest problem right now

[Yahoo/Bloomberg] Yuan Traders Fret Over Widest China-US Yield Gap Since 2002

[Yahoo/Bloomberg] Traders Brace for Big Swings in Yen Amid Intervention Threat

[CNN Live] Israel-Hamas war rages as Gaza humanitarian crisis continues

[CNBC] U.S. weekly jobless claims total 198,000, fewer than expected

[CNBC] September home sales drop to the lowest level since the foreclosure crisis

[Reuters] Fed's Powell to take the stage amid a suddenly choppy landscape

[Reuters] Fractured US House Republicans to try again to elect a leader

[Reuters] Tesla joins GM, Ford in slowing EV factory ramp as demand fears spread

[Reuters] US reports deal with Egypt to restart aid to Gaza as protests rock Middle East

[Yahoo/Bloomberg] China Sells Most US Securities in Four Years Amid Yuan Weakness

[Reuters] China's new home prices extend declines, defying broader recovery

[Yahoo/Bloomberg] Japan’s Key Labor Union Seeks More Pay Hikes for Next Year

[Reuters] Lebanon's Hezbollah says it is stronger than before as border clashes rage

[Reuters] Russian foreign minister thanks North Korea for supporting its war in Ukraine

[Reuters] Taiwan reports 13 Chinese air force planes in its air defence zone

[Bloomberg] Why China-Russia Ties Worry America

[WSJ] The Trusted 60-40 Investing Strategy Just Had Its Worst Year in Generations

[WSJ] Pressure Campaign by Jim Jordan Supporters Backfires in House Speaker Race

[WSJ] Don’t Rule Out a Financial Crisis in China

[FT] Blackstone warns of looming hit to consumers from surge in bond yields

Wednesday Evening Links

[Reuters] Wall St falls more than 1%; yields rise, investors assess earnings

[Yahoo/Bloomberg] Oil Rises as Hospital Blast Ratchets Up Middle East Tensions

[Yahoo/Bloomberg] Fed’s Beige Book Sees US Growth as Stable or Slightly Weaker

[Reuters] Norwegian Navy shadows Chinese vessel probed over Baltic pipe damage

[WSJ] Government Bubble Burst

Wednesday Afternoon Links

[Reuters] Wall St falls as Middle East tensions drive risk-off mood

[Yahoo/Bloomberg] Gold Rises to 11-Week High as Middle East Conflict Escalates

[Yahoo/Bloomberg] Oil Rises as Hospital Blast Ratchets Up Middle East Tensions

[Reuters] Gaza hospital explosion: Protests erupt across Middle East

[CNBC] Jim Jordan loses second House speaker vote, as GOP weighs dwindling options

[CNBC] The 30-year fixed mortgage rate just hit 8% for the first time since 2000 as Treasury yields soar

[Reuters] Fed's Waller: can wait on data to decide on rate path

[Yahoo/Bloomberg] Commercial-Property Distress in the US Rises to a 10-Year High

[CNBC] Bad news for commercial real estate: Architects report a big drop in business

[Reuters] U.S. income inequality grew through pandemic years, Fed survey shows

[WSJ] Household Net Worth Surged After the Pandemic Hit

[WSJ] China’s Economy Faces Deepening Troubles in Years Ahead

[FT] Treasury yields hit highest level since 2007 on higher rate fears