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The amount banks borrow from the Federal Home Loan Banks ticked higher last week, a harbinger of more demand ahead as a key central bank funding facility expires next month. ....
(Bloomberg) After a particularly bad year for green investing, the founder of the world’s biggest hedge-fund firm has just set the record straight.Most Read from BloombergElon Musk's SpaceX Valued at $175 Billion or More in Tender OfferApple Readies New iPads and M3 MacBook Air to Combat Sales SlumpGlobal Bonds Power Ahead as Dovish Bets Take Hold: Markets WrapKevin McCarthy Leaving House Months After Ouster as SpeakerDimon Says He Would Shut Down Crypto If He Had Government RoleRay Dalio, th ....
Ecuador’s Divisive Presidential Vote Has Bondholders on Edge Bloomberg 3 hrs ago Sydney Maki (Bloomberg) Investors are bracing for an unpredictable run-off finale to Ecuador’s contentious presidential race as opinion polls flag a rally of support for career banker Guillermo Lasso, sending the nation’s dollar bonds back to levels seen before the election began. Popular Searches Voters will return to polling stations on Sunday to decide between self-exiled former socialist President Rafael Correa’s 36-year-old protege Andres Arauz, or Lasso, a banker and conservative from the coastal hub Guayaquil. It’s a high-stakes choice for the country and its bondholders, coming just months after Ecuador’s 11th default or debt rescheduling in almost 200 years. ....