Business
US bond market feels like ‘coiled spring’ after Fed meeting – The Australian Financial Review
A surge higher in yields would raise borrowing costs for companies and consumers, and could ripple across other asset classes like equities.
Fears of sooner-than-expected interest rate hikes, or tapering of the Feds asset purchases, helped in the weeks leading up to the March 16-17 policy meeting to send yields on longer-dated Treasury yields to their highest in a year.
Rick Rieder, BlackRocks chief investment officer of global fixed income, tweeted on Thursday that the Fed would likely be able to taper asset purchases sooner than most expect: perhaps before the end of the year, which suggests to us that communicating the plan could…
-
General10 hours agoNew Zealand wants more ‘automated decision-making’ in its welfare system. Could that lead to Robodebt 2.0?
-
General12 hours agoFrom Humpty Doo to the bush, these voters’ views reflect the challenge for federal politicians
-
Noosa News11 hours agoMajor emergency rescue following boat capsizing off Main Beach on the Gold Coast
-
General12 hours agoPolice say man shot dead in Footscray had charged at officers armed with knife