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Russia could end up borrowing US$6.8 billion (500 billion Russian rubles) less than planned this year as rising oil prices help its key oil revenues to rise ....
Asian shares fell Thursday, tracking a decline on Wall Street as another rise in bond yields rattled investors who worry that higher inflation may prompt central banks to raise ultra-low ....
Italiensk kommunist: Super Mario er ikke vor helt arbejderen.dk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arbejderen.dk Daily Mail and Mail on Sunday newspapers.
Fighting the pandemic could become a battle against debt, as lockdowns continue to halt the flow of cash to workers and companies. Governments have had to step in, raising public debt. ....
While Fed chair Jerome Powell is brushing off the seismic rise in government bond yields and a corresponding decline in stock prices, a group of central bankers in the Pacific are starting to take action.Driving the news: Bank of Japan governor Haruhiko Kuroda told parliament on Friday the BOJ would not allow yields on government debt to continue rising further above the BOJ's 0% target.Get market news worthy of your time with Axios Markets. Subscribe for free.“It’s important now to keep the entire yield curve stably low as the economy suffers the damage from COVID-19,” Kuroda said, adding that the central bank plans to adjust its yield curve control program.What it means: Kuroda is intimating that the BOJ is ready to step in and buy more bonds to push up prices and bring down yields after 10-year government debt rates rose to the highest since January 2016.Why it matters: In addition to the repricing in equities, especially tech stocks, rising inflation expec ....