A look at the day ahead in U.S. and global markets from Mike
Dolan With stocks holding the bulk of recent stellar gains, more
anxious bonds are back in focus - but.
With stocks holding the bulk of recent stellar gains, more anxious bonds are back in focus - but Treasuries caught a decent break Tuesday during a heavy week for new debt sales and inflation updates. Debt markets were unsettled on Monday as a record $127 billion of coupon debt was sold at two auctions of two- and five-year Treasury notes, with another $42 billion of seven-year notes under the hammer on Tuesday. While such heavy supply of new debt has become a feature of the market, tension has been added by the Federal Reserve's stubborn refusal to cut interest rates early as it continues to scour the inflation landscape for signs of heat.
As China prepares for its annual legislative sessions, the methods used last year to prop up economic growth appear less reliable than before, prompting calls for a large-scale re-evaluation of policies and prospects.
Top HK official vows to advance Article 23 legislation at full speed globalsecurity.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globalsecurity.org Daily Mail and Mail on Sunday newspapers.
Top HK official vows to advance Article 23 legislation weeklyblitz.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from weeklyblitz.net Daily Mail and Mail on Sunday newspapers.