Analysis: Interest Rates

Global stocks, dollar gain as unclear U.S. election thwarts Democratic sweep

The dollar rose and world equity markets rallied on Wednesday as investors bet that a progressive Blue Wave Democratic agenda of heavy fiscal spending and more regulation was unlikely as the outcome...

Citigroup issues largest-ever private sector social bond

Citigroup Inc said on Thursday it had issued the largest-ever private-sector social bond for affordable housing, part of a more than $1 billion initiative announced earlier this year to combat racial...

ECB eyes more bond buys, cheap loans in December as pandemic hits

The European Central Bank committed on Thursday to take new action in December to contain the growing fallout from a second wave of coronavirus infections, likely in the form of more bond purchases or...

U.S. new home sales drop; record low mortgage rates underpinning demand

Sales of new U.S. single-family homes unexpectedly fell in September after four straight monthly increases, but the housing market remains supported by record low mortgage rates and demand for more...

Markets mixed with all eyes on U.S. stimulus talks

Global stocks sought direction on Wednesday, while gold hit a one-week high and the dollar fell to a six-week low as investors waited to see whether an agreement could be reached on a fresh U.S....

BofA says better equipped to handle recession as loan loss provisions shrink

Bank of America Corp executives on Wednesday joined the chorus of U.S. bank officials predicting an economic recovery would improve business in the quarters ahead, after lower interest rates fueled a...

'Treasuries on steroids': U.S. banks' mortgage bond trading bonanza

Wall Street banks are on track for a record year of revenue from trading U.S. government-backed mortgage debt, industry sources told Reuters, amid a surge in demand - from the Federal Reserve in its...

Wall Street firms see Fed tapering bond buys starting next year

Wall Street firms expect the Federal Reserve to start paring back its bond-buying next year, and phase it out completely by the second half of 2023, the New York Fed's latest survey of primary dealers...

Equities slip, bonds rise ahead of U.S. presidential debate

Global equity benchmarks slid and government bonds inched higher Tuesday as investors remained hesitant ahead of the first U.S. presidential debate and watched for progress in talks for further fiscal...

'Relief rally' pushes equity markets higher; bonds flat

Global equity markets surged and the dollar fell from two-month highs on Monday as investors moved into beaten-down sectors such as banks and travel on the heels of last week's sharp sell-off.

Fed touts economic recovery, vows to keep interest rates low

The Federal Reserve on Wednesday vowed to keep interest rates near zero until inflation is on track to overshoot the U.S. central bank's 2% target, a bold new promise aimed at bringing millions of...

Global shares slip, dollar gains as Fed sticks to agenda of near-zero rates

Global equities slid and the dollar firmed on Wednesday after the Federal Reserve pledged to hold interest rates near zero until at least 2023 and keep its bond-buying program in place to stimulate...

Investors in LVMH's Tiffany bonds left second-guessing on redemption payout

The holders of 9 billion euros worth of bonds issued by LVMH to fund its now imperilled acquisition of Tiffany & Co have been left second-guessing as to when they might get their money back. ...

Equities slide, bonds rally as tech rebound stalls; oil slips

Global equity benchmarks slipped and U.S. government bonds rallied on Thursday as a rebound in U.S. technology stocks stalled after the European Central Bank left its stimulus program unchanged and a...

Equities tumble as Nasdaq, Brexit concerns mount; bonds rally

Global equity markets and oil prices tumbled on Tuesday as a sharp sell-off in technology stocks and rising concerns over Britain leaving the European Union without a trade agreement threatened the...

Fed's Powell: rates to stay low for 'however long it takes'

Federal Reserve Chair Jerome Powell on Friday said the U.S. jobs report for August was a good one, but noted that with gains likely to slow, the central bank is planning to keep its foot on the...

Malaysia drops criminal charges against Goldman Sachs over 1MDB bond sales - state media

Malaysian prosecutors on Friday withdrew criminal charges against three Goldman Sachs units accused of misleading investors over $6.5 billion in bond sales they helped organise for a state fund, the...

Brazil's fiscal fragility stokes funding fears, despite record low rates

Brazil's official interest rates and the average cost of servicing its public debt have never been lower, but investors are becoming worried that the government could face a funding crisis next year.

Shares scale record peak on upbeat results, dollar eases

A gauge of global equity markets jumped to an all-time peak on Wednesday, after the S&P 500 and Nasdaq rallied to fresh records on upbeat corporate results, while the dollar eased a day before the...