The FOMC statement and dot plot were viewed as somewhat more hawkish than expected. System credit growth has slowed - and the risk of a precipitous lending slowdown is rising. Read more.
A sense of uncertainty swept through Chinese markets Monday as growing protests against covid-19 curbs and a record number of infections complicated the nation s path to reopening.
Credit market rallies most in two years as inflation abates. The Goldman Sachs Short Index surged 10.9% Thursday, with a two-day 17.5% spike. Read more here.