Analysis: Interest Rates

Foreign holdings of US Treasuries fall in December

Foreign holdings of U.S. Treasuries fell in December as the two largest foreign holders of the government debt, Japan and China, both cut their portfolios, data from the Treasury Department showed on...

Rates: No further cuts in sight

The release of a rising consumer price index provided further evidence that the Fed intends to pause its rate-cutting cycle. Moreover, Jerome Powell took advantage of his Senate hearing to hammer home...

Trump's focus on US yields fuels bets on bank leverage rule review

The Trump administration's pledge to contain long-term U.S. Treasury yields has strengthened bond market expectations that a long-desired regulatory shift on bank leverage requirements could be...

Chinese exporters brace for 'rat race' in shift away from US

Jeremy Fang, a sales officer at a Chinese aluminium products maker, is trying to export more to markets in Asia, Africa and Latin America to offset the U.S. tariffs' impact. The problem, he says, is...

Ukraine ceasefire hopes soften US inflation blow

A look at the day ahead in Asian markets.  Investors banking on the recent decline in U.S. bond yields and the dollar underpinning a rally across risk assets got a stark reminder in the...

Interest rates: A wind of optimism

Two weeks ago, Deepseek threw a spanner in the works by proposing an open-source generative AI. But has the Chinese application really reshuffled the deck? The game is far from over.

Cloudy Amazon, payrolls and a flatter curve

A look at the day ahead in U.S. and global markets from Mike Dolan Another forecast miss from a U.S. megacap combines with caution ahead of January's employment report to keep a lid on...

US bond market lukewarm on Bessent's 10-year yield pledge

U.S. Treasury Secretary Scott Bessent's pledge to contain yields on 10-year Treasury notes met some skepticism in the bond market on Thursday, as inflationary pressures and expectations of a widening...

Trump's aid cuts imperil emerging market investment cash

The United States' decision to freeze and potentially scrap its core aid agency jolted countries receiving its funding and could make it harder for emerging economies to attract private cash,...

Stagflation Is a Concern for State Street Strategist Loh

Marvin Loh, senior global macro strategist at State Street , says he is in the bear steepening camp which keeps him hesitant to really embrace duration in the bond market. ...

Markets confounded by Trump's Gaza proposal

A look at the day ahead in European and global markets from Wayne Cole. First off, nobody knows what to make of President Donald Trump's sudden suggestion that the United States take...

Tariffs, earnings eyed as China reopens

A look at the day ahead in Asian markets.  First Mexico reached agreement with the United States to put U.S. tariffs on ice, then Canada did likewise, leaving the world's attention on...

Rates: ECB stays one step ahead

Last week was marked by meetings between the US and European central banks. Although the score was somewhat different, they did not take the market by surprise - quite the contrary.

China home prices, sales slip further in January, report shows

China's sales of new housing and prices for existing residential units both continued to decline in January, a leading real estate research institute said on Saturday. The average price...

China's market regulator says 'stabilising confidence' key

China's top financial market regulator said on Saturday that stabilising the market, stabilising confidence and stabilising expectations were priorities as the government works to provide better...

TikTok to invest $3.8 billion in Thailand data hosting project, investment board says

 ByteDance's TikTok will invest 126.8 billion baht in a data hosting service in Thailand, the country's investment board said on Wednesday. The investment was among $5 billion of...

AI panic subsides with megacap earnings on deck

A look at the day ahead in Asian markets. Wall Street steadied after Monday's freak out over AI-linked mega cap valuations, with Nvidia recouping some of its historic market cap loss...

US bond investors seek safety amid uncertainty about Trump policies, Fed outlook

U.S. bond investors are gearing up for increased volatility and staying defensive in their portfolios amid uncertainty about the impact of the Trump administration's policies and signs that the...

Rate: Double play

This week could be the first serious test for the markets, with successive meetings of the US and European central banks. In the meantime, we offer some additional information following on from last...