Tag: Economic events
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Treasury yields move higher as investors await key wholesale inflation data
Treasury yields moved higher on Thursday as traders await the release of U.S. wholesale inflation data.
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Treasury Department to buy back up to $6 billion in longer-term debt, triple the normal level
The much-anticipated announcement triples the normal buyback operation and follows an announcement from Treasury Secretary Scott Bessent.
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AI data centers won’t create as many UK jobs as the tech sector projects, think tank warns
A new analysis is challenging claims about how many permanent jobs the U.K.’s data center industry will create as billions pour into AI infrastructure.
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Bessent bond plan details to be revealed as Treasury secretary warns FX traders he’s ‘the house now’
The department is expected to announce around 11 a.m. the size of a buyback operation it announced Aug. 19.
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China’s wholesale inflation tops estimates in August on commodity costs, tech demand as consumer price increases meet forecast
Much of the anticipated pickup reflects a favorable base-effect comparison and higher commodity costs, rather than a genuine strengthening in household demand.
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Treasury yields tick higher as traders look ahead to more economic data releases
Treasury yields moved higher as investors look ahead to more key economic data releases this week.
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China’s imports in August miss estimates as exports pick up pace amid calls for rebalancing trade
China’s exports and imports gathered momentum in August, as the world’s second-largest economy faces mounting pressure to rebalance trade.
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CNBC’s The China Connection newsletter: China’s weak consumer becomes the world’s problem
A Group of 20 finance meeting in the U.S. this month has now elevated the debate over whether China’s exports have cost people in other countries their jobs.
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The bond market had a whirlwind week. Where these traders see buying opportunities
Some investors and strategists see the recent rise in yields on medium and long-term bonds as buying opportunities.
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