Wednesday's News Links

[Yahoo/Bloomberg] Stocks Slide With Bonds After US Yield Spike: Markets Wrap

[CNBC] 10-year Treasury yield rises as investors weigh state of economy, weak auction

[Yahoo/Bloomberg] Yuan Weakens to Lowest Since November as China Allows Declines

[Yahoo/Bloomberg] Oil Extends Gain as Geopolitical Risks Simmer Before OPEC+ Meet

[Reuters] Morning Bid: Fed in a bind as consumers stay upbeat

[CNBC] Weekly mortgage demand drops to three-month low, as rates begin climbing again

[AP] Inflation pressures lingering from pandemic are keeping Fed rate cuts on pause

[AP] Storm-weary Texas battered again as powerful storm, strong winds kill 1, cause widespread damage

[Axios] Tornado season is the second-busiest so far in the U.S., behind 2011

[CNBC] Global debt has grown to $315 trillion this year — here’s how we got here

[Yahoo/Bloomberg] China’s Silver Imports Set to Jump as Solar Demand Lifts Prices

[Reuters] BOJ policymaker hints of rate hike if yen fall has big impact on inflation

[Yahoo/Bloomberg] Australia’s Elevated Inflation Suggests RBA to Extend Pause

[Yahoo/Bloomberg] Chinese Mega Cities Loosen Homebuying Rules as Aid Spreads

[Reuters] IMF upgrades China's 2024, 2025 GDP growth forecasts after 'strong' Q1

[Yahoo/Bloomberg] Europe’s Bond Sales Are Set to Top €1 Trillion in Record Time

[Reuters] German inflation rises to 2.8% in May

[Yahoo/Bloomberg] Hedge Funds Return to Convertible Bond Trade With Checkered Past

[Axios] More U.S. lawmakers meeting with Taiwan's president as China tensions mount

[Reuters] Putin warns West not to let Ukraine use its missiles to hit Russia

[Reuters] Life on Ukraine’s front line: ‘Worse than hell’ as Russia advances

[Axios] Our tinderbox moment: Four flashpoints

[Yahoo/Bloomberg] BlackRock’s $20 Billion ETF Is Now the World’s Largest Bitcoin Fund

[Bloomberg] Nobel Laureate Romer Says AI Hype Risks Repeat of Crypto Bubble

[Bloomberg] US Homeowners With Adjustable Mortgages Face $1,000-a-Month Jump

[Bloomberg] Europe CEOs See China Ties Worsening Despite Economic Optimism

[FT] Should central banks target financial conditions?

[FT] The next wave of AI hype will be geopolitical. You’re paying

[FT] Macron says Ukraine should be able to target Russia with western arms

[FT] Low volatility shows investors are underpricing risk

[FT] Higher rates have changed the game for private equity

[FT] Orange juice crisis prompts search for alternative fruits

[FT] Food delivery apps rack up $20bn in losses in fierce battle for diners

Tuesday Evening Links

[Reuters] Nasdaq closes above 17,000; S&P 500 slightly higher, Dow down

[Yahoo/Bloomberg] Oil Recovers From Selloff Amid Escalating Middle East Tensions

[Yahoo/Bloomberg] Munis See Biggest Sales Boom Since at Least 2013

[AP] Storms leave widespread outages across Texas, cleanup continues after deadly weekend across US

[Yahoo/Bloomberg] US Records Worst Bird Flu Outbreak in Two Years at Iowa Egg Farm 

[FT] Taiwan opposition strengthens parliament against presidency

Tuesday Afternoon Links

[Reuters] Wall Street mixed after holiday as markets await inflation data

[Yahoo/Bloomberg] Oil Recovers From Selloff Amid Escalating Middle East Tensions

[Reuters] Israeli tanks hit evacuation zone west of Rafah

[Yahoo Finance] Consumer confidence rebounds for first time in 3 months

[Yahoo/Bloomberg] Home-Price Growth in Key US Cities Accelerates as Buyers Hit

[Yahoo/Bloomberg] Fed’s Kashkari Says Interest-Rate Hikes Not Entirely Ruled Out

[CNBC] 25% of consumers recently used a buy now, pay later loan, report finds. What to know as they become popular

[Yahoo/Bloomberg] China’s Top Cities Ease Housing Rules as Beijing Extends Aid

[Reuters] EU debates training troops in Ukraine, no common view yet

Tuesday's News Links

[Yahoo/Bloomberg] Stocks Trade Mixed With Focus on Inflation Data: Markets Wrap

[Yahoo/Bloomberg] Oil Steadies as Geopolitical Tensions Rise Before OPEC+ Meeting

[Yahoo/Bloomberg] Wheat Hits 10-Month High on Worries Over Black Sea Crops

[Yahoo/Bloomberg] Yen Showdown Looms as Traders ‘Obsessed’ With Carry Ramp Up Bets

[Reuters] Wall Street braces for faster trade settlement

[Reuters] Fed's Kashkari wants significant progress on inflation before rate cuts

[Reuters] Fed's Bowman: Would have backed waiting to taper balance sheet run-off

[Axios] Behind the Curtain: AI's ominous scarcity crisis

[Axios] Why grocery bills feel so high, even though food inflation is technically low

[Reuters] Israeli tanks advance into Rafah's centre despite global outcry

[AP] A ship is attacked and takes on water in the Red Sea off the coast of Yemen, authorities say

[Axios] U.S. "moving forward" with weapons for Taiwan, Rep. McCaul says

[CNBC] How the world got into $315 trillion of debt

[Reuters] Japan's business service prices rise at fastest annual pace since March 2015

[Reuters] Japan net external assets hit record high in 2023, remains world's top creditor

[Yahoo/Bloomberg] China Quants Saw Assets Shrink After Stock Meltdown Hit Returns

[Yahoo/Bloomberg] Iran’s Near Bomb-Grade Uranium Stock Grows Ahead of Election

[WSJ] Bankruptcies Have Left More Stores Vacant, but the Space Doesn’t Sit Empty for Long

[FT] Central banks must assess bond-buying risks, warns ECB’s Schnabel

[FT] The mounting strains on global shipping