News Results

  1. China stats bureau expects economy to improve in May
    Reuters | 05/15/22 11:06 PM EDT

    China's statistics bureau on Monday said it expects China's economy to improve in May and that a recovery in consumption would quicken. China is steadily pushing forward production resumption in COVID-hit areas, said Fu Linghui, spokesman for the National Bureau of Statistics, adding that China's economy would maintain a relatively sound trend in the second quarter.

  2. Yields slip, stocks struggle as economic fears grow
    Reuters | 05/15/22 10:31 PM EDT

    American and European equity markets wobbled and U.S. Treasury yields fell on Monday after unexpectedly weak economic data from China and a big slide in New York state's factory activity painted a bleak picture for economic growth across the world.

  3. China's economy cools sharply in April as lockdowns bite
    Reuters | 05/15/22 10:15 PM EDT

    * April industrial output -2.9% y/y vs f'cast +0.4% * April retail sales -11.1% y/y vs f'cast -6.1% * Nationwide jobless rate highest since Feb 2020.

  4. RBI to raise rates again in June but not clear by how much: Reuters poll
    Reuters | 05/15/22 10:09 PM EDT

    The Reserve Bank of India will follow its surprise May rate rise with another hike at its meeting next month, according to a majority of analysts polled by Reuters who were exceptionally split on the size of the move. India's retail inflation accelerated to an eight-year high in April, remaining above the central bank's tolerance limit for a fourth month in a row, and is likely to stay elevated.

  5. China April industrial output declines 2.9% y/y, retail sales fall 11.1% y/y
    Reuters | 05/15/22 10:00 PM EDT

    China's industrial output fell 2.9% in April from a year earlier, down sharply from a 5.0% increase in March, data from the National Bureau of Statistics showed on Monday, and weaker than 0.4% growth seen in a Reuters poll. Retail sales in April shrank 11.1% year-on-year amid wider and stringent COVID-19 curbs on activity, after falling 3.5% in March.

  6. Nakaso, candidate to head BOJ, calls for faster green growth strategy
    Reuters | 05/15/22 09:45 PM EDT

    * Abenomics laid too much burden on monetary policy - Nakaso. * Green investment can be new 'third arrow' * Boosting Japan's growth potential will help BOJ normalise policy. * Tokyo must become Asian market hub for transition finance. By Leika Kihara and Takahiko Wada.

  7. PRECIOUS-Gold prices up from 3-month lows as dollar surge slows
    Reuters | 05/15/22 09:27 PM EDT

    Gold prices on Monday rose above the more-than-three-month low level hit in the previous session, as a weaker dollar outweighed pressure from higher U.S. Treasury yields.

  8. FOREX-Dollar starts week on strong footing on firm safe-haven bid
    Reuters | 05/15/22 09:12 PM EDT

    The dollar started the week just off a 20-year high against peers on Monday, as investors sought safety due to fears about global growth while cryptocurrency markets appeared to find some stability after last week's turmoil. The dollar index was at 104.54, having briefly crossed the 105 level on Friday, its highest since December 2002, after six successive weeks of gains.

  9. Japan wholesale prices hit record 10% as energy costs soar
    Reuters | 05/15/22 08:26 PM EDT

    * April wholesale prices rise 10.0% yr/yr vs f'cast +9.4% * Yen's drop pushes up import prices, hurt companies. * Core CPI on Friday seen rising faster than BOJ's target in April. By Daniel Leussink.

  10. Yields slip, stocks struggle as economic fears grow
    Reuters | 05/15/22 08:23 PM EDT

    U.S. stocks closed mixed on Monday as downbeat Chinese and New York state data kindled recession fears, but the 10-year Treasury note's yield staying firmly under 3% spurred hopes the Federal Reserve will prudently hike interest rate hikes.

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

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