Brazil's Treasury said on Monday it expects gross ?public debt to rise ?to 83.6% of ?gross domestic product ?this year ?from 79.3% in 2025, ?remaining ?on an upward trajectory through 2032, when ?it ?is ?forecast to reach 88.6% of output.
* Canadian dollar gains 0.3% against the greenback. * Trades in a range of 1.3868 to 1.3917. * Price of oil increases 0.2% * Bond yields edge up across the curve. By Fergal Smith. The Canadian dollar clawed back some recent declines against ?its U.S. counterpart on Monday as increased concerns about the independence of the Federal Reserve weighed ?on the greenback.
Financial stocks were lower in Monday afternoon trading, with the NYSE Financial Index shedding 0.7% and the State Street Financial Select Sector SPDR ETF falling 1.1%. The Philadelphia Housing Index was adding 0.8%, and the State Street Real Estate Select Sector SPDR ETF was up 0.1%. Bitcoin was increasing 0.7% to $91,442, and the yield for 10-year US Treasuries was slightly higher at 4.18%. I...
The US Department of Justice's criminal probe into Federal Reserve Chair Jerome Powell likely carries "substantial" downside risks to the US dollar, ING Bank said Monday. On Sunday, Powell said federal prosecutors served the Fed with grand jury subpoenas threatening a criminal indictment linked to his earlier testimony regarding the multi-year renovation of the central bank's office buildings.
Broad Market Indicators. Broad-market exchange-traded funds IWM and IVV were higher, and actively traded Invesco QQQ Trust gained 0.1%. US equity indexes traded mixed in midday trading on Monday after Federal Reserve Chair Jerome Powell said President Donald Trump's displeasure with the Federal Open Market Committee's policy decisions is driving a Department of Justice probe into the central bank.
The top Republican in the U.S. Senate acknowledged on Monday that the Trump administration's threat to indict Federal Reserve Chair Jerome Powell could make it harder for Congress to confirm President Donald Trump's nominees for the U.S. central bank, after two Republican lawmakers threatened to block Fed nominees over the?action.
* Many Republicans fear probe undermines Fed's independence. * Some Republicans plan to block Trump's Fed nominees. * Investigation impacts markets; gold rises, S&P 500 fluctuates. By David Morgan. WASHINGTON, Jan 12 - The top Republican in the U.S. Senate acknowledged on Monday that the Trump administration's. threat to indict.
US equity indexes traded mixed in midday trading on Monday after Federal Reserve Chair Jerome Powell said President Donald Trump's displeasure with the Federal Open Market Committee's policy decisions is driving a Department of Justice probe into the central bank.
Canadian employment rose 128,000 in Q4 2025, following a 46,000 decline in Q3, said Bank of Montreal. At 6.8%, the unemployment rate is just a tenth higher than a year ago. Ontario's jobless rate rose 0.4 percentage point in the past year to 7.9% in December. Quebec has held up better and is sporting the lowest unemployment rate in the country, pointed out the bank.
Bank of France Governor Francois Villeroy de Galhau offered on Monday his ?support to his embattled U.S. counterpart ?Jerome Powell, describing the ?head of the U.S. ?Federal Reserve ?as a "model of integrity".
Eni said orders for its perpetual hybrid subordinated bond topped 6 billion euros from institutional investors mainly in the UK, Germany, France and Italy. The 1-billion-euro bond will be issued with a re-offer price of 99.342% and an annual coupon of 4.125% until the first reset date on April 19, 2032, the company said Monday in a statement.
The Toronto Stock Exchange is up 175 points at midday, led by strong gains in materials, followed by healthcare and info tech. Miners is the biggest gainer, up 3%. Gold futures is up 2.8%, while silver is up 8.4% Financials is the biggest decliner, down 0.5%. On the economics front, the major data release is existing home sales for December, on Thursday.
* Indexes: Dow down 0.1%, S&P 500 flat, Nasdaq up 0.2% * Financial stocks fall as Trump calls for cap on credit card rate. By Medha Singh and Pranav Kashyap. The S&P 500 paused near record highs on Monday as gains in artificial intelligence stocks and Walmart (WMT) helped the index recover from an early slide driven by concerns over the Federal Reserve's independence.
US stocks were mixed in midday trading Monday, after Federal Reserve Chair Jerome Powell said Sunday that federal prosecutors have opened a criminal investigation focused on the $2.5 billion renovation of the central bank's headquarters in Washington, D.C. Powell said the investigation "is a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serv...
U.S. Senator Lisa Murkowski on Monday threw her support behind fellow Republican Thom Tillis' plan to block President Donald Trump's ?Fed nominees after the Justice Department over the weekend threatened to indict ?Fed chairman Jerome Powell.
Hycroft Mining Holding Corporation (HYMC) ripped to a new 52-week high Monday morning as traders piled into gold-leveraged names following an escalating clash between the White House, the Justice Department and Federal Reserve Chair Jerome Powell. Here?s what investors need to know.
U.S. Senator Kevin Cramer, ?a Republican ?member of the ?Senate ?Banking ?Committee and a critic ?of ?Federal Reserve Chairman ?Jerome ?Powell, ?called on Monday for a quick ?end to a federal investigation ?of ?the central bank chief, citing ?the need to restore confidence in the institution.
U.S. Senator Lisa Murkowski on Monday threw her support behind fellow Republican Thom Tillis' plan to block President Donald Trump's Fed nominees after the Justice Department ?over the weekend threatened to indict Fed chairman Jerome Powell.
Canada's main stock index rose to a fresh high on Monday, lifted largely by gold miners, as a Trump administration probe into Federal Reserve Chair Jerome Powell raised concerns ?over the central bank's independence and fueled safe-haven demand for precious metals.
?Scope ?Ratings: * ?SCOPE ?RATINGS: "BROAD ?WEAKENING" ?OF ?GOVERNANCE ?STANDARDS IN ?THE U.S. ?INCREASES THE ?RISK ?OF ?POLICY ?MISSTEPS, INCLUDING ?BY THE FEDERAL ?RESERVE.
U.S. Senator Lisa Murkowski on Monday backed ?fellow Republican ?Thom Tillis' plan to ?block President Donald ?Trump's ?Fed nominees after ?the ?Justice Department over the weekend threatened ?to ?indict ?Fed chairman Jerome Powell.
Federal Home Loan Bank of Atlanta is awarding a total of $11.7 million in grant funding to 32 affordable housing projects submitted by 21 member financial institutions and 30 project sponsors through its 2025 Multifamily Housing Bridge Fund.
* DOJ sends subpoenas to Fed over building project. * Inflation data due later this week. * 3-year, 10-year auctions set for Monday. By Chuck Mikolajczak.
The past three heads of the U.S. Federal Reserve on Monday joined with other former federal government economic policy leaders in condemning the Trump ?administration's criminal probe of Fed Chair Jerome Powell, likening it ?to the interference with central bank independence more ?often seen in emerging market countries ?with "weak institutions."
The past three heads of the U.S. Federal Reserve on Monday joined with other former federal government economic policy leaders in condemning the Trump administration's ?criminal probe of Fed Chair Jerome Powell, likening it ?to the interference with central bank independence more ?often seen in emerging market countries ?with "weak institutions."
Burford Capital (BUR) said Monday it plans a private offering of $450 million of senior notes due 2034. Net proceeds will be used to redeem the company's 5% bonds due 2026 and for general corporate purposes, according to a statement. Price: 9.48, Change: +0.04, Percent Change: +0.42. MT Newswires does not provide investment advice.
The iShares Silver Trust (SLV) surged to a fresh all-time high Monday morning as silver climbed above $85 amid a clash between the White House, the Justice Department and Federal Reserve Chair Jerome Powell. Here?s what investors need to know.
* Indexes down: Dow 0.86%, S&P 500 0.24%, Nasdaq 0.58% * Financial stocks fall as Trump calls for cap on credit card rate. * Gold-linked stocks rise after bullion prices cross $4,600/ounce. By Medha Singh and Pranav Kashyap.
Peru's central bank last week kept its policy rate at 4.25% for the fourth straight month, as the nation's price outlook remains benign, with inflation expectations well-anchored within the target range, noted BBVA Research.
Wall Street's main indexes opened lower on Monday after ?the Trump administration renewed ?its attacks on ?the Federal Reserve, ?stoking ?fresh worries about the ?central bank's ?independence, while a proposed one-year ?cap on ?credit-card ?interest rates weighed on financial stocks.
Wall Street's main indexes opened lower on Monday after ?the Trump administration ?renewed its attacks on the ?Federal Reserve, ?stoking ?fresh worries about the central ?bank's independence, ?while a proposed one-year cap ?on credit-card ?interest ?rates weighed on financial stocks.
Gold traded at a record high early on Monday as the dollar fell after the U.S. Justice Department on Friday served the Federal Reserve with grand jury subpoenas, threatening to indict Fed Chair Jerome Powell as the Trump Administration threatens the independence of the central bank to press for lower interest rates.
* Klingbeil emphasizes importance of central bank independence. * G7+ discusses reducing reliance on Chinese rare earths. * Klingbeil seeks cooperation amid growing U.S.-Europe differences. By Maria Martinez.
Multiple municipal bond offerings this week have a high exposure to climate risk, specifically high Flood and Wildfire Scores, according to ICE Climate Data. A $17 million offering from Bourne, Mass., records a Flood Score of 4.7 out of 5.0, ICE reports.
* Futures down: Dow 0.6%, S&P 500 0.5%, Nasdaq 0.7% * Financial stocks fall as Trump calls for cap on credit card rate. * Gold-linked stocks rise after bullion prices cross $4,600/ounce. By Medha Singh and Pranav Kashyap.
NEW YORK, Jan. 12, 2026 Burford Capital Limited (BUR), the leading global finance and asset management firm focused on law, today announces the planned private offering of $450 million aggregate principal amount of senior notes due 2034 by its indirect, wholly owned subsidiary, Burford Capital Global Finance LLC, subject to market and other conditions.
MacKay Municipal Managers?, the municipal bond team of specialty fixed income manager MacKay Shields, has published its top five insights for the municipal bond market in 2026, outlining shifting performance drivers in a differentiated and technical market.
Webcast Scheduled for Thursday, Jan. 22, at 5:30 p.m. ET Sallie Mae?, formally SLM Corporation (SLM), will release fourth-quarter and full-year 2025 financial results after market close on Thursday, Jan. 22, 2026. A live audio webcast and presentation slides will be available at SallieMae.com/investors and the hosting website. The earnings news release will be available at SallieMae.com/investors.
German Finance Minister Lars Klingbeil ?on Monday ?said that central ?bank independence ?was a "clear ?line" for ?him, when ?asked about the ?U.S. ?Justice Department's ?probe into Federal Reserve Chair Jerome ?Powell. "We value independence of central banks...
Morgan Stanley said it expects Poland's central bank to remain on hold on Wednesday in waiting for technical data uncertainty to dissipate. The monetary decision is estimated despite softer growth and inflation data, noted the bank. MT Newswires does not provide investment advice.
U.S. President Donald Trump will interview ?BlackRock Inc's chief ?bond investment manager Rick ?Rieder on ?Thursday ?as a candidate ?to lead ?the Federal Reserve, Fox Business ?Network ?reported ?on Monday, citing unidentified administration sources.
U.S. President Donald Trump will interview BlackRock (BLK) ?Inc's chief ?bond investment manager Rick ?Rieder on ?Thursday ?as a candidate ?to lead the ?Federal Reserve, Fox Business ?Network ?reported ?on Monday, citing unidentified administration sources.
White House economic adviser Kevin Hassett said on Monday he was not involved in conversations with the Justice Department about its probe into Federal Reserve Chair ?Jerome Powell and did not know whether President Donald Trump had approved it. "I've not been ?involved in conversations with the Justice Department about that.
Markets are rebelling early Monday against the President Donald Trump administration's attack on Chair Jerome Powell and the Federal Reserve, said Scotiabank. Gold is up by about US$75/oz to nearly US$4,600, noted the bank. Longer-end United States Treasury yields are punching higher with the 10-year up 3bps and 30-year up 4bps, Scotiabank added.
New York's governor and mayor called Manhattan's cordon toll a success on its first anniversary, but congestion pricing has not cleared all legal hurdles.
White House economic adviser Kevin Hassett said on Monday he ?was not involved in conversations ?with the Justice Department ?about its probe ?into Federal ?Reserve Chair Jerome Powell. "I've not ?been involved ?in conversations with the Justice Department about ?that.
* Futures down: Dow 0.71%, S&P 500 0.57%, Nasdaq 0.79% * Financial stocks fall as Trump calls for cap on credit card rate. * Gold-linked stocks rise after bullion prices cross $4,600/ounce. By Medha Singh and Pranav Kashyap.
The benchmark US stock measures were tracking in the red before the opening bell Monday amid Federal Reserve Chair Jerome Powell's announcement that the Department of Justice served the central bank with grand jury subpoenas. The S&P 500 declined 0.7%, the Dow Jones Industrial Average fell 0.8% and the Nasdaq was off 0.9% in premarket activity.
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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