Vanguard Warns 10-Year Treasury Yields Risk Jump Back to 5%

Move past 4.75% may set disorderly selloff in motion Traders are pushing back bets on start of Fed easing cycle The Treasury market is nearing levels that risk triggering a large selloff, pushing yields on 10-year bonds back to 5%, according to Vanguard. “We are in a...

South Africa Inflation Eases, Unlikely to Trigger Rate Cut

Consumer price index rose annual 5.3% in March; est. 5.4% Central bank governor remain wary of prcing pressure South Africa’s inflation rate dipped to a two-month low in March, but that is unlikely to persuade policymakers to cut borrowing costs as the drop is...

China’s Weak Beef Market Poses Risks for Top Supplier Brazil

Beef prices paid by Chinese dropped last year on weaker demand More than half of Brazil’s beef exports went to China in 2023 China’s beef imports are dwindling amid slowing consumption and ample domestic supply, dealing a blow to its biggest supplier Brazil. Official...

Philippine Rate Cut More Likely in 2025 on Inflation Risks

Over 50% chance inflation may breach target for a third year Remolona says hawkish stance doesn’t mean further tightening The window for the Philippine central bank to start reducing the key rate in the second half of 2024 is narrowing as the risk that inflation may...