Friday's News Links

[Yahoo/Bloomberg] Stocks Edge Higher as Tech Bulls Wade Back In: Markets Wrap

[Reuters] Oil holds steady around three-month lows

[Reuters] Rising US debt burden spooks some bond investors ahead of election

[Yahoo/Bloomberg] Carry Trade Is All the Rage Across Global Bond and FX Markets

[Reuters] Central bankers should acknowledge blind spots, Fed's Mester says

[Dow Jones] U.S. durable goods rise for third straight month in April

[Axios] Major consumer divide: The rich keep spending, as poorer Americans struggle

[AFP] China warns of Taiwan 'war' as military drills encircle island

[Reuters] Heavy fighting in northern Gaza, Israeli tanks advance further in Rafah

[Reuters] Japan's inflation slows further, keeping BOJ cautious on further rate hikes

[Reuters] Global equity funds see strong weekly inflows on U.S. rate cut hopes

[Yahoo/Bloomberg] A Hedge-Fund Volatility Trade Risks Getting Crushed by the Crowd

[AP] US pushes for Ukraine aid, united front against China’s trade practices at G7 finance meeting

[Reuters] China's second day of war games around Taiwan tests ability to 'seize power'

[Yahoo/Bloomberg] Food Inflation Fears Rekindled as Crop Index Erases 2024 Loss

[Reuters] Heavy rains return to southern Brazil, flooding even higher ground in Porto Alegre

[Bloomberg] China’s $538 Billion Deposit Exodus Supercharges Rally in Bonds

[NYT] Facing Possible Cash Crunch, Giant Real Estate Fund Limits Withdrawals

[NYT] China Has a Plan for Its Housing Crisis. Here’s Why It’s Not Enough.

[WSJ] The Hidden Driver of Soaring Home Insurance Costs

[WSJ] Chat Xi PT? China’s Chatbot Makes Sure It’s a Good Comrade

[FT] Janet Yellen says many Americans still struggling with inflation

Thursday Evening Links

[Yahoo/Bloomberg] Treasury Yields Plow Higher as Traders See First Fed Cut Later

[Yahoo/Bloomberg] Stocks Join Bonds in Falling as Fed-Cut Bets Wane: Markets Wrap 

[Reuters] Stocks fall despite Nvidia boost as inflation concerns weigh

[Yahoo/Bloomberg] Oil Drifts to February Lows Amid Physical Weakness, Stock Slump

[AP] How does this end? With Hamas holding firm and fighting back in Gaza, Israel faces only bad options

[PBS] ‘Heat dome’ leads to sweltering temperatures in Central America and the U.S. South

[Bloomberg] Starwood’s $10 Billion REIT Turns to Survival Mode as Real Estate Pain Lingers

Thursday Afternoon Links

[Yahoo/Bloomberg] Bonds Sink as Data Fuel Bets Fed in No Rush to Cut: Markets Wrap

[Reuters] Sinking volatility rings cross-asset complacency warning

[Reuters] US labor market remains strong; housing market losing momentum 

[Reuters] Texas power demand to break May record in heat wave on Friday

[Reuters] Bonds’ Decades-Long Lead Over Gold Vanishes as Debt Worries Grow

[Reuters] US 30-year fixed-rate mortgage falls below 7%

[MSN] NOAA Warns 2024 Atlantic Hurricane Season Could be "Extraordinary"

[AFP] China Holds Taiwan War Games, Vows Blood Of 'Independence Forces'

[FT] Mexico’s next leader faces gaping budget hole