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Surging inflation spurs demand for once rare linker bonds

Surging inflation spurs demand for once rare linker bonds

© Reuters. FILE PHOTO: U.S. one dollar banknotes are seen in front of displayed stock graph in this illustration taken, February 8, 2021. REUTERS/Dado Ruvic/Illustration/File Photo By Dhara Ranasinghe, Saikat Chatterjee and Davide Barbuscia LONDON (Reuters) -Almost overnight, inflation-linked bonds have become the hot ticket in global financial markets, pitting banks against hedge funds in…

U.S. December trade data reveals massive shortfall in China’s ‘Phase 1’ purchases

U.S. December trade data reveals massive shortfall in China’s ‘Phase 1’ purchases

© Reuters. FILE PHOTO: Containers are seen at the Yangshan Deep Water Port in Shanghai, China, as the coronavirus disease (COVID-19) outbreak continues, October 19, 2020. REUTERS/Aly Song/File Photo By David Lawder WASHINGTON (Reuters) – U.S. goods exports to China fell in December, cementing a massive shortfall in Beijing’s two-year purchase commitments under the “Phase…

World equities wobble as bond yields rise after positive U.S. jobs data, earnings

World equities wobble as bond yields rise after positive U.S. jobs data, earnings

© Reuters. FILE PHOTO: Men wearing protective face masks walk under an electronic board showing Japan’s Nikkei share average inside a conference hall, amid the coronavirus disease (COVID-19) pandemic, in Tokyo, Japan January 25, 2022. REUTERS/Issei Kato By Katanga Johnson WASHINGTON (Reuters) – Stock indexes around the globe traded mixed despite strong Amazon (NASDAQ:AMZN) earnings…

Texas parent who demanded Michelle Obama biography be removed from schools called the book ‘leftist indoctrination,’ document shows

Texas parent who demanded Michelle Obama biography be removed from schools called the book ‘leftist indoctrination,’ document shows

A Texas parent argued that a children’s biography about former first lady Michelle Obama is “leftist indoctrination” and demanded that the book be removed from shelves, NBC News reported.In a “Request for Reconsideration of Instructional Resources,” an unnamed parent argued that “Michelle Obama: Political Icon” by Heather E. Schwartz “unfairly” painted former President Trump as…

Inflation expectations stable, faster price rises may be easing -Fed data

Inflation expectations stable, faster price rises may be easing -Fed data

© Reuters. FILE PHOTO: The Federal Reserve headquarters in Washington on Sept. 16 2015. REUTERS/Kevin Lamarque/File Photo By Howard Schneider and Jonnelle Marte (Reuters) – Data watched closely by the Federal Reserve showed inflation expectations remained broadly anchored through the end of last year, while an alternate measure of inflation showed the most intense price…