According to DBS, the first risk is a sharp correction in US equities, particularly in tech stocks linked to the AI investment wave.
The yield on the 30-year US government bond recently crossed the psychological 5 per cent mark. The yield on 10-year US government bonds has also inched up
It may not stay that way given the gathering risks, notably credible estimates that deficits will continue to run well higher than 3 per cent of GDP
The spread between the benchmark 10-year Indian and US bonds has shrunk to a level last seen over two decades ago after the US Tax Bill
One early test comes Tuesday, when the US government is set to sell $58 billion of three-year securities, followed by 10- and 30-year maturities later this week
They sold a net $705.5 million of fixed-income securities on Jan. 8, according to the Central Depository Services figures compiled by Bloomberg. That's the biggest single-day sale since May 2020
Syndicate bankers expect to see companies raising nearly $65 billion this week, and perhaps as much as $200 billion this month, in a bond issuance spree that is showing no sign of slowing
Companies and government bodies have so far raised $37.6 billion via the instruments, known as SLBs, about 46 per cent lower than in all of 2023
This is the second time the conglomerate had to call-off a fundraising due to governance related developments
The indictment came shortly after units of clean-energy arm Adani Green Energy Ltd sold a 20-year green bond in the US investment-grade market
There is growing evidence of liquidity tightening in the US, Wood said, which raises a near-term risk to equities
Markets have fully priced in a rate cut of at least 25 bps at the Fed's policy decision due on Sept. 18, with expectations for a 50 bps remaining around 30%
US Treasury yields nosedived on Friday after data showed the world's largest economy created fewer jobs than expected in July and the unemployment rate rose, boosting bets of aggressive rate cuts
Category has lower share than before among rated instruments
Focus has shifted to US bond yields and oil prices, with the market digesting Prime Minister Narendra Modi's smaller victory margin for a third term.
New Delhi will raise Rs 29,000 crore ($3.48 billion) through the sale of bonds later in the day and the auction includes a new five-year paper worth Rs 12,000 crore
The latest halt in the global risk rally has come on the back of data pointing to lingering inflationary pressures across major economies
The Aussie dollar was down 0.47% at $0.6618, even after Australian consumer price inflation unexpectedly rose to a five-month high in April
The benchmark 10-year yield is likely to move in the 7.09-7.14% range, following its previous close of 7.1067%
For Mike Johnson it was effectively a Day 1 priority. It's well past time, the newly elected House speaker said in October, to establish a bipartisan commission to tackle the federal government's growing USD 34.6 trillion in debt. "The consequences if we don't act now are unbearable, he said, echoing warnings from his predecessor and other House Republicans. More than six months later, the proposal appears all but dead, extinguished by vocal opposition from both the right and the left. The collapse underscores an unyielding dynamic in Washington, with lawmakers in both parties loath to consider the unpopular tradeoffs that would be necessary to stem the nation's swelling tide of red ink particularly in an election year. Facing the reality that any fiscal commission would almost certainly suggest that Americans pay more or get less from their government, lawmakers have time and again done what they do so well: punt the problem to the next Congress. And they seem poised to do so ..