On Friday, the CSI 300 index of big Chinese companies traded in Shanghai or Shenzhen rose 4.5 percent and was up 15.7 percent this week. The gain was the largest in a single week for the index since November 2008, when share prices were gyrating violently with the onset of the global financial crisis. The…
Rate Cuts Won’t Save Real Estate, For Now: Sep. 27, 2024 Investors are coming to the realization that the Fed’s journey down the monetary policy stairs may not bolster the ailing real estate sector, with long-end yields remaining elevated despite the central bank’s jumbo rate reduction last week. Against this backdrop, the Treasury curve is…
Investors are coming to the realization that the Fed’s journey down the monetary policy stairs may not bolster the ailing real estatesector, with long-end yields remaining elevated despite the central bank’s jumbo rate reduction last week. Against this backdrop, theTreasury curve is steepening sharply as bond vigilantes smell an inflation problem down the road and…
Their 5%-plus yield looks attractive—especially with the Federal Reserve unlikely to cut interest rates soon. Updated May 24, 2024, 9:19 am EDT / Original May 24, 2024, 3:30 am EDT Investors large and small are gravitating to Treasury bills, thanks to yields of 5.4%, tax benefits, and sleep-at-night security—and there’s no reason for them to…
