Kevin Warsh’s ‘no magic wand’ remark rattles markets ahead of Jackson Hole
Fed Chair Kevin Warsh's remark that the central bank has no quick fix for inflation rattled stocks and pushed bond…
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Bessent doubles Treasury bond buybacks to $4 billion as yields hit 19-year high
Treasury Secretary Scott Bessent has at least doubled the size of the government's long-dated bond buyback program after criticizing how…
BofA sees further dollar downside as Treasury buyback expansion tests Fed credibility
The dollar faces further downside as investors question whether Treasury bond-buyback moves and the Federal Reserve's response will erode confidence…
Japanese investors push net foreign asset purchases past ¥5 trillion
Japanese investors net purchased ¥1.39 trillion in foreign equities and ¥1.14 trillion in long-term foreign bonds in the week ending…
Germany’s Merz to Press Cabinet for Faster Pro-Growth Reforms
German Chancellor Friedrich Merz will press his cabinet next week to speed up pro-growth reforms agreed before the summer recess,…
