Risks of a new COVID hit to economic activity are clobbering expectations for rate hikes next year from the world's major central banks, a potential setback for the dollar and other currencies where wagers had been most aggressive.
Yields on Japan's 10-year government bonds (JGBs) were flat on Thursday, while yields on longer-ends notes gained after a solid outcome of the 40-year bond auction.
The Philippines' Bureau of the Treasury will offer a total of 70 billion pesos ($1.4 billion) worth of T-bills and T-bonds at the auctions in December, compared with the maximum 200 billion pesos that it sought to raise this month, it said on Thursday.
Belize provided a likely 'blue' model for conserving some of the world's most vulnerable marine ecosystems on Friday, swapping a promise to protect the northern Hemisphere's biggest barrier reef for much-needed debt relief.