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TREASURIES-US yields retreat as Trump may delay tariffs, after solid auction
Tariffs on Canada and Mexico imports postponed to AprilUS new home sales plungeFocus on GDP data due on Thursday, inflation on FridayGood demand in US seven-year note auction Rewrites throughout with yields down, adds Trump's new deadline for tariffs, analyst quote, auction resultBy Tatiana Baut...Reuters
Wed, Feb 26
New York Fed research flags new inflation vector from tariffs on China imports
Small-scale Chinese imports blunted tariffs in Trump's first term, NY Fed paper saysTrump has paused tariffs on small-value Chinese imports to USPaper says key is whether producers pass on impact of tariffs to consumersBy Michael S. Derby NEW YORK, Feb 26 (Reuters) - The U.S. economy could be...Reuters
Wed, Feb 26
Brazil's public debt falls in January, softer US trade stance flattens yield curve
Adds further details in paragraphs 2-4, context in paragraphs 5-6BRASILIA, Feb 26 (Reuters) - Brazil's federal public debt declined in January, marked by softer signals on U.S. trade policy under President Donald Trump that boosted emerging markets, pushing local interest rates futures lower and...Reuters
Wed, Feb 26
Part of US Treasury yield inverts for first time this year
Feb 26 (Reuters) - A part of the U.S. Treasury yield curve that is watched by some analysts as a possible recession indicator inverted for the first time since mid-December on Wednesday as concerns about U.S. economic growth and a more optimistic picture on longer-term debt issuance plans pull longe...Reuters
Wed, Feb 26
US Senate confirms Trump trade chief Greer ahead of Canada, Mexico tariffs
Veteran from Trump's first term set to help lead trade initiativesSet to take helm just days ahead of tariff deadlines for Mexico, CanadaGreer wants a USMCA renegotiation "right out of the gate"By David Lawder WASHINGTON, Feb 26 (Reuters) - A majority of the U.S. Senate on Wednesday v...Reuters
Wed, Feb 26
US President Donald Trump widens scope of tariffs, but pushes back timeline
US President Donald Trump hit markets with fresh tariff headlines on Wednesday, re-reiterating his insistence on 25% tariffs on Canada and Mexico, as well as adding the European Union to the mixed bad of countries that he will penalize US consumers for importing from.Fxstreet
Wed, Feb 26
WRAPUP 1-US new home sales tumble; median house price highest since 2022
New home sales drop 10.5% in JanuaryCold temperatures account for some of the sales declineMedian house price rises 3.7% to $446,300 from year agoNew housing inventory at highest level since late 2007 By Lucia Mutikani WASHINGTON, Feb 26 (Reuters) - Sales of new U.S. single-family homes fell more...Reuters
Wed, Feb 26
TREASURIES-US yields steady as investors eye tax cuts, wait for inflation data
House passes budget bill, seen as bearish on TreasuriesUS new home sales plungeFocus on inflation data due on FridayUS Treasury to sell seven-year notes By Tatiana Bautzer NEW YORK, Feb 26 (Reuters) - U.S. Treasury yields were steady on Wednesday, following steep declines in the previous session,...Reuters
Wed, Feb 26
Italy urges EU action to support higher defence spending
Adds Giorgetti comments from paragraph 6, details and backgroundBy Angelo Amante and Giuseppe Fonte ROME, Feb 26 (Reuters) - Italy on Wednesday called on the European Union to help allow countries to boost their defence spending without infringing the bloc's budget rules, as member states gra...Reuters
Wed, Feb 26
Fed's quantitative tightening expectations upended by debt-ceiling worries
Fed's balance sheet outlook upended by release of minutesAnalysts weigh whether Fed will stop or pause balance sheet cutsGovernment budget challenges complicate liquidity readingsBy Michael S. Derby Feb 26 (Reuters) - Expectations for the future path of the Federal Reserve's balance sheet...Reuters
Wed, Feb 26
US crude stockpiles fall as refining picks up, fuel inventories build, EIA says
Adds details from report, analyst commentary, milestones; updates pricesBy Liz Hampton and Georgina McCartneyDENVER, Feb 26 (Reuters) - U.S. crude oil stockpiles fell unexpectedly last week as refining activity ticked higher, while gasoline and distillate inventories posted surprise builds, the Ener...Reuters
Wed, Feb 26
US crude stocks fall, gasoline and distillate inventories rise, EIA says
DENVER, Feb 26 (Reuters) - U.S. crude stocks fell while gasoline and distillate inventories rose last week, the Energy Information Administration (EIA) said on Wednesday.Crude inventories fell by 2.3 million barrels to 430.2 million barrels in the week ended February 21, the EIA said, compared with ...Reuters
Wed, Feb 26
Republican congressional leaders to meet Trump officials at White House, source says
WASHINGTON, Feb 26 (Reuters) - U.S. Senate Majority Leader John Thune and House Speaker Mike Johnson planned to meet at the White House on Wednesday with Treasury Secretary Scott Bessent and National Economic Council Director Kevin Hassett, a source familiar with the matter told Reuters.The Republic...Reuters
Wed, Feb 26
US new home sales fall sharply in January
WASHINGTON, Feb 26 (Reuters) - Sales of new U.S. single-family homes fell more than expected in January as persistently high mortgage rates sidelined potential buyers, the latest indication that housing market activity softened early in the first quarter.New home sales plunged 10.5% to a seasonally ...Reuters
Wed, Feb 26
