Powell Juices Bets in Bond Market on Inflation With Tilt to Jobs
Federal Reserve Chair Jerome Powell’s increasing focus on protecting the job market is encouraging a swath of bond traders putting bets on inflation rates to remain elevated.
Federal Reserve Chair Jerome Powell’s increasing focus on protecting the job market is encouraging a swath of bond traders putting bets on inflation rates to remain elevated.
Sri Lanka is working on a proposal to exchange its existing dollar bonds for new securities, a step that would help the crisis-plagued South Asian country secure more international financial aid.
Tesla Inc. shares have shown signs of life in recent days after this year’s extreme slide, but investors lack the clarity needed to bet on any lasting recovery.
South Africa’s cabinet approved a phased end to the captive breeding of lions and rhinos as the country seeks to end practices that have sullied its reputation as a custodian of some of the world’s biggest wildlife populations.
Emerging markets are closing the first quarter brimming with turnaround stories as investors in stocks and dollar bonds walk away with modest rewards, though a rally continues to elude local debt and currencies.
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