News
Important Only
US Treasury secretary takes aim at Fed's interest rate control system
Treasury chief Bessent says Fed ample-regime system 'fraying'Bessent has been regular critic of Fed policy actionsFed faces challenges managing liquidity into end of yearBy Michael S. Derby Nov 25 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Tuesday the Federal Reserve...Reuters
Tue, Nov 25
FACTBOX-Schedule for US economic data delayed by government shutdown
Nov 25 (Reuters) - The statistical agencies responsible for publishing data about the U.S. economy have begun updating release schedules following the reporting lapse that occurred during the federal government shutdown.Following are the latest release dates for data that was missed during the shutd...Reuters
Tue, Nov 25
TREASURIES-Yields drop as bond market anticipates dovish Fed tilt
Economic data reinforces expectations of Fed rate cut next monthHassett's potential Fed chairmanship boosts dovish Fed expectationsFive-year Treasury auction sees tepid demand post-Hassett newsBy Davide Barbuscia NEW YORK, Nov 25 (Reuters) - U.S. Treasury yields fell on Tuesday for a four...Reuters
Tue, Nov 25
What to Watch in the Day Ahead - Wednesday, November 26
On the U.S. economic calendar, the Commerce Department is expected to report that durable goods orders for September rose 0.3%, following a 2.9% increase in August. Durables excluding transportation are forecast to show a 0.2% gain for September, compared to a 0.3% rise in the prior month. Additiona...Reuters
Tue, Nov 25
US posts $284 billion October budget deficit; report impacted by shutdown
October deficit impacted by shutdown, shifted benefit paymentsRecord customs duties drive October revenue increaseTrump says tariff revenues to 'skyrocketBy David Lawder Nov 25 (Reuters) - The U.S. government posted a higher $284 billion deficit for October in a report delayed and impacted by...Reuters
Tue, Nov 25
Angola to roll over $1 billion JPMorgan debt facility, finance ministry says
LUANDA, Nov 25 (Reuters) - Angola will roll over a $1 billion JPMorgan debt facility that is close to maturity, a senior official at the finance ministry told Reuters on Tuesday.The Southern African nation will seek to lower the interest rate of the facility when it is rolled over, the official said...Reuters
Tue, Nov 25
WRAPUP 2-US retail sales growth cools; consumer sentiment sags amid job market worries
Retail sales increase 0.2% in September, below economists' expectationsSales excluding automobiles, gasoline, building materials and food services fall 0.1%Producer prices increase 0.3%, with energy prices accounting for bulk of the riseProducer goods prices excluding food and energy rise 0.2%Co...Reuters
Tue, Nov 25
UK government approves 4.1% rise in minimum wage for 2026
UK minimum wage to go up by 4.1% to 12.71 pounds an hourAnnual increase will take effect in April 2026Rates for younger workers and apprentices to rise 6.0-8.5%Hospitality industry says increase will push up pricesBritain's minimum wage is second-highest in EuropeBy David Milliken LONDON, Nov...Reuters
Tue, Nov 25
Euro zone bond yields drop as US data support Fed rate cut bets
By Alun John LONDON, Nov 25 (Reuters) - Euro zone bond yields nudged lower on Tuesday as U.S. Treasury yields declined on the back of growing expectations the Federal Reserve will deliver a December rate cut. Germany's 10-year Bund yield was down 2.5 basis points (bps) at 2.67%, broadly in th...Reuters
Tue, Nov 25
REFILE-US consumer confidence deteriorates in November
WASHINGTON, Nov 25 (Reuters) - U.S. consumer confidence sagged in November as households worried about jobs and their financial situation, likely in part because of the recently ended government shutdown.The Conference Board said on Tuesday its consumer confidence index dropped to 88.7 this month fr...Reuters
Tue, Nov 25
US business inventories unexpectedly flat in August as stocks at retailers fall
WASHINGTON, Nov 25 (Reuters) - U.S. business inventories were unexpectedly unchanged in August, with stocks at retailers falling amid strong sales.The unchanged reading in inventories reported by the Commerce Department's Census Bureau on Tuesday followed a 0.1% gain in July. Inventories are a k...Reuters
Tue, Nov 25
TREASURIES-Yields keep declining as data barrage does little to change rate cut expectations
Economic data releases fail to alter Fed rate cut expectationsRetail sales and PPI data show mixed economic signalsFed officials' comments support further easing, boosting rate cut probabilityBy Davide Barbuscia NEW YORK, Nov 25 (Reuters) - U.S. Treasury yields kept declining on Tuesday amid ...Reuters
Tue, Nov 25
