Fitch’s US Downgrade Is Stoking the Very Fight It Warned Against
Washington’s hostile political factions quickly took up Fitch Ratings’ downgrade of US government debt as a new weapon
2023-08-03 03:49
Wells Fargo to Tap Corporate Bond Market Despite US Credit Downgrade
A handful of borrowers, including Wells Fargo & Co., are selling fresh debt in the US investment-grade bond
2023-08-03 03:20
Bonds Are Useless Hedge for Stock Losses as Correlation Jumps
Treasuries haven’t been this ineffective as a stock hedge since the 1990s. Historically, Treasuries tend to rally when
2023-08-03 02:15
Fitch Says US Fiscal Metrics and Governance Spurred Credit-Rating Cut
Weakening US fiscal metrics and governance, highlighted by political wrangling over the debt ceiling, were at the heart
2023-08-03 01:57
Brazil’s Lula Says He Expects Rate Cut, But Renews Central Bank Criticism
President Luiz Inacio Lula da Silva expects Brazil’s central bank to begin cutting interest rates on Wednesday, saying
2023-08-03 01:17
Treasury Downplays Fitch Rating, Sees ‘Limited’ Yield Impact at Most
A senior Treasury official said there’s limited implications for the price of government debt from the move by
2023-08-02 23:22
Tunisia Installs New Premier, Adding to Angst Amid IMF Delay
Tunisia’s President Kais Saied replaced his prime minister of almost two years with a little-known figure, injecting fresh
2023-08-02 20:22
Wall Street Reaped Ruble Fortune on Clients Fleeing From Russia
Wall Street chiefs seeking to explain recent steep drops in trading revenue have reminded investors how lucrative things
2023-08-02 18:17
Egypt Currency Squeeze Sinks Bank Foreign Buffers to New Low
Net foreign assets held by Egypt’s commercial banks went into a record deficit in June, as a lack
2023-08-02 16:49
India’s Unemployment Rate Falls in July Due to Farm Demand
India’s overall unemployment rate fell in July as rural areas saw increased demand for agriculture labor with the
2023-08-02 16:26
Australia Could Extend TikTok Ban to WeChat, Senate Report Says
Australia should consider extending a ban on TikTok from government devises to include WeChat, a panel of lawmakers
2023-08-02 15:58
Turkey’s Debt Ratings Hinge on Erdogan’s Policy Follow-Through
Credit-rating companies are facing a pivotal moment as Turkish President Recep Tayyip Erdogan takes on a new, more
2023-08-02 15:52