US money market fund assets have hit a record $6.67 trillion, rising by $81.6 billion last week as institutional investors sought safe assets amid Fed rate changes, per ICI data.
Yields on 10-year notes rose 2 basis points to about 4.24% on Friday, extending the weekly to 15 basis points. Two-year yields touched 4.11% Friday, the highest since mid-August, as oil prices climbed.
Shares around the world have risen sharply in the last two months of the year as benchmark bond yields fell on expectations of central bank rate cuts in 2024.
SVB’s shares sank to their lowest close since September 2016 on Thursday. Becker’s call was reported earlier by the Information. The shares continued to tumble in late trading, falling as much as 30%.
Volatility due to falling market depth and eroding investor appetite make for a very potent challenge in the coming weeks and months
In a speech ahead of next week's World Bank and International Monetary Fund annual meetings, Yellen said she would ask World Bank management to develop an "evolution roadmap" for changes by December, with "deeper work" beginning by the spring of 2023.
China sold a massive $94 billion worth of US treasuries in the year to July, data from the US treasury department shows.
Though yields remain low by historical standards, a rapid rise can ripple through to affect assets ranging from equities and commodities to housing prices.
High levels of liquidity have prevented the spillover effect to the equity markets, but one needs to see strong corporate earnings to prevent money from leaving equities.
A number of global fund managers say they are buying emerging market assets for 2017 after the beating the sector has taken since the U.S. election in November, even though credit rating agencies have a less positive outlook.
Spot gold ticked up 0.2 percent to USD 1,190.81 an ounce by 0042 GMT. The metal had climbed to USD 1,200.60 on Monday, the highest since June 2015.
Jan Lambregts, Global Head Of Financial Markets Research, Rabobank advises investors to stay away from investing into the Indian equity market for the time-being.
While Wall Street frets over the ability of bond markets to absorb an approaching interest rate rise, the US Federal Reserve has a message for the industry: deal with it.
Asian shares held firm on Friday on signs global bond markets are stabilising after a big selloff and sterling jumped about one percent after UK exit polls forecast the ruling Conservatives taking the most seats in parliament.
The Reserve Bank of India (RBI) Tuesday decided to leave all key interest rates unchanged when it met for a bi-monthly review, after effecting two out-of-cycle rate cuts earlier this year for 25 basis points (0.25 percent) each.
Spot gold was little changed at USD 1,330.00 an ounce by 0031 GMT. On Wednesday, it hit a four-month high at USD 1,345.35 before falling almost 1 percent on a dollar rally and surging US home sales -- its biggest one-day loss in nearly a month.
Announcement of tapering could bring about a sea change in foreign exchange in January, which would lead the dollar to strengthen against other currencies like yen, euro, which in turn would be good for Japanese and European equities but bad news for emerging markets, says Nakisa
Although there is some nervousness about what the Fed is going to do, the US stock market seems very complacent, says Tim Ghriskey, Chief Investment Officer, Solaris Asset Management.
John Bolllinger believes the US Federal Reserve tapering off quantitative easing is a non-issue as the market has already tapered.
Arvind Narayanan, head of sales, treasury & markets in DBS Bank says from a sheer risk-reward perspective of investing, the US markets wherein the dollar rates have gone up, look definitely more impressive and more attractive than a rupee investment.
Veteran emerging markets investor Mark Mobius sees a bumper year ahead for riskier, high-yielding assets as hundreds of billions of dollars flows off bank balance sheets and back into markets
Gold traded nearly flat on Friday, but remained on course for a second consecutive week of losses as worries about the euro zone debt crisis and the absence of stimulus measures in the United States buoyed the dollar and its safe haven appeal.
A 4% rally for gold on Friday on weak US jobs data could signal a return to the safe haven status that has eluded bullion for the past seven to eight months.
Tim Ghriskey, CIO of Solaris Asset Management talks to CNBC-TV18 about how the month of May has panned out for the US markets.
Arjuna Mahendran, managing director and head of investment strategy (Asia) at HSBC Private Bank (Suisse) spoke to CNBC-TV18 about his expectations of global markets - equities and commodities.