US short-term financing rate spikes as dealers close books for 2023
By Davide Barbuscia NEW YORK (Reuters) – A measure of the cost of borrowing short-term funds backed by U.S. Treasuries spiked this week to its highest since 2019, a move…
By Davide Barbuscia NEW YORK (Reuters) – A measure of the cost of borrowing short-term funds backed by U.S. Treasuries spiked this week to its highest since 2019, a move…
LISBON (Reuters) – The Bank of Portugal on Friday lowered next year’s economic growth forecast to 1.2% from 1.5% it had set in October, in a slowdown from this year’s…
TOMS RIVER, NJ – Rain, flooding, coastal flooding are expected across the New Jersey shore area on Sunday. Overnight, residents can expect patchy fog amidst mostly cloudy skies, with temperatures…
AMSTERDAM (Reuters) – ASML, a major supplier of equipment to computer chip manufacturers, said on Tuesday it does not expect any short-term financial impact from newly updated guidance on U.S.…
By Alexander Marrow (Reuters) – Huge fiscal spending on the military is fuelling short-term economic growth in Russia, but looking at the longer term picture the outlook is “dim”, the…
Biden Signs Short-Term Funding Bill To Avoid Government Shutdown Kate Anderson on September 30, 2023 President Joe Biden signed a 45-day government funding bill into law late Saturday, narrowly avoiding…
House Passes Short-Term Government Funding Bill Seeking To Avoid Shutdown Katelynn Richardson on September 30, 2023 The House of Representatives voted to pass a 45-day short-term spending bill Saturday, potentially…
By Patturaja Murugaboopathy (Reuters) – Short-term U.S. government bonds have attracted bigger investment flows this year than longer-term paper, an unusual pattern engendered by the inverted yield curve and the…
By Suzanne McGee and Bansari Mayur Kamdar (Reuters) – Investors in exchange-traded funds (ETFs) flocked to the very short end of the U.S. Treasury yield curve on Thursday, as prices…
By Doyinsola Oladipo NEW YORK (Reuters) – A New York judge on Tuesday dismissed Airbnb’s lawsuit against New York City over legislation it called a “de facto ban” against short-term…
LONDON (Reuters) – The Bank of England allotted 1.2 billion pounds ($1.55 billion)of one-week funds in its short-term repo (STR) operation on Thursday, the second-largest usage of the facility since…
(Reuters) -U.S. President Joe Biden’s administration on Friday is expected to propose a new regulation cracking down on short-term health insurance plans, Politico reported, citing five Democrats with knowledge of…
By Shankar Ramakrishnan, Davide Barbuscia, Saeed Azhar and Laura Matthews (Reuters) – Good news of a tentative deal for the U.S. debt ceiling impasse may quickly turn out to be…
By Laura Matthews NEW YORK (Reuters) – BNY Mellon is expanding its offering of short-term investment products as investors chase higher yields, the bank announced on Monday. The bank is…
By Giuseppe Fonte ROME (Reuters) – Italy plans contested legislation that will make it easier for firms to hire workers on short-term contracts, as part of a set of measures…
SEOUL (Reuters) -The head of South Korea’s central bank said on Monday some short-term interest rates had fallen more than he had expected, adding it was probably due to a…
WASHINGTON (Reuters) – U.S. consumer sentiment inched up in April, but households expected inflation to rise over the next 12 months. The University of Michigan’s preliminary April reading on the…
(Reuters) – BlackRock Investment Institute said on Monday it was downgrading credit and preferred short-term bonds for income, with strategists pointing to financial cracks from rapid interest rate hikes. “We…
TAIPEI (Reuters) – The current wave of inflation in Taiwan is not a short-term phenomenon and has fanned expectations for continued high inflation rates, the deputy central bank governor said…
By Antonella Cinelli and Valentina Consiglio ROME (Reuters) – Marta Pizza, a 26-year-old swimming instructor, has worked at a Rome sports centre for the last two years earning 8.50 euros…
SHANGHAI (Reuters) – China’s central bank ramped up a liquidity injection on Wednesday, offering fresh funds to the banking system for the first time this year to help meet seasonal…
SHANGHAI (Reuters) – China’s central bank stepped up liquidity support this week by making the biggest weekly cash injection through a short-term bond instrument since 2019 to help financial institutions…
MOSCOW (Reuters) – Russia’s economy has overcome the short-term slump caused by President Vladimir Putin’s partial mobilisation order, but the disinflationary impact it had in reducing consumer demand has practically…
WASHINGTON (Reuters) – U.S. Senate Republican leader Mitch McConnell said on Tuesday it is increasingly likely that Congress will need to pass a short-term continuing resolution to fund the government…
MADRID (Reuters) – Short-term accommodation in Spain’s 20 biggest cities is rapidly catching up with the number of rooms managed by hotels, a study released on Tuesday found, prompting hoteliers…