China Heads for Longest Deflation Since Mao as Trade War Awaits

Economists call for forceful action to reverse price declines GDP deflator forecast to be negative for third straight year China has failed to break a deflationary cycle and is now on track for the longest streak of economy-wide price declines since the 1960s,...

US Mortgage Rates Pushing Past 7% Signal Tough Road Ahead

All signs’ point to more expensive costs, economist says MBA measure of 30-year mortgage rate in US hit 7.09% US homebuyers contending with the highest borrowing costs in eight months are seeing mortgage rates rise past a psychological barrier that risks complicating...

Stocks Are Close to Wiping Out Trump Bump as Rate Fears Kick In

S&P 500 briefly falls below closing level before Trump’s win Rally in Treasury yields sends ripples through equities market It’s the round-trip ticket no one on Wall Street wanted. The S&P 500 Index on Monday briefly dropped below where it ended on Nov. 5,...

UK Markets Cap Dire Week With Yields Stuck Near Decade Highs

UK 10-, 30-year gilts headed for worst week in a year Investors remain worried about UK’s fiscal, inflation outlook A hectic week for UK bond and currency traders came to an end with yields stuck near the highest levels in years and the pound at its weakest since late...