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UK long-term borrowing costs head for biggest weekly jump since 'mini-budget' crisis
LONDON, April 11 (Reuters) - British 20- and 30-year government bond yields were on course on Friday for their biggest weekly jump since the aftermath of Liz Truss's "mini-budget" in 2022 as the United States and China escalated a trade war, igniting long-term inflation worries.Thirty-ye...Reuters
Fri, Apr 11
TREASURIES-10-year yields head for biggest weekly increase since 1981
Thirty-year yields heading for biggest weekly gain since 1982Traders remain cautious after volatile week By Karen Brettell April 11 (Reuters) - Benchmark U.S. 10-year Treasury yields were on track for their biggest weekly increase in more than 43 years on Friday as U.S. President Donald Trump...Reuters
Fri, Apr 11
Fed's Williams says U.S. economy not hit by stagflation
By Michael S. DerbyApril 11 (Reuters) - Federal Reserve Bank of New York President John Williams on Friday rejected the idea the economy was falling into a high inflation, low growth environment. “This is not stagflation," Williams said in an appearance in Puerto Rico. "I'm old enough to...Reuters
Fri, Apr 11
French Finance Minister Lombard: No EU decision yet on taxing US digital services
WARSAW, April 11 (Reuters) - European finance ministers have not taken any decision yet on whether to tax U.S. digital services as a response to Washington, French Finance Minister Eric Lombard said on Friday after a meeting of EU finance ministers in Warsaw to discuss a response to the U.S. tariffs...Reuters
Fri, Apr 11
Fed's Musalem: higher inflation, softer labor market now his baseline view
April 11 (Reuters) - St. Louis Federal Reserve Bank President Alberto Musalem on Friday it's now closer to his "baseline" view, rather than just an outside risk, that the labor market will soften even as inflation rises due to tariffs, and the effects could take months, quarters, or even...Reuters
Fri, Apr 11
Fed's Williams says tariffs will push up inflation, unemployment
Williams expects tariffs to raise inflation to 3.5%-4% this yearHe predicts real GDP growth will slow to below 1%, unemployment to riseSees Fed's monetary policy as appropriate to manage current risksBy Michael S. DerbyApril 11 (Reuters) - New York Federal Reserve President John Williams said on...Reuters
Fri, Apr 11
Brazil 12-month inflation drifts away from target, pressuring central bank
IPCA index rose 0.56% in March, matching economists' forecastsCentral bank raised Selic rate by 375 basis points since SeptemberFood prices accelerated to 1.17% in March, impacting inflation index BRASILIA, April 11 (Reuters) - Brazil's monthly inflation slowed in March as expected but th...Reuters
Fri, Apr 11
Morgan Stanley CEO Says Market Volatility Has Been Orderly: Conf Call
April 11 (Reuters) - Morgan Stanley MS.N:MORGAN STANLEY CEO TED PICK SAYS OUTLOOK IS NOW NECESSARILY LESS PREDICTABLEMORGAN STANLEY CEO SAYS ODDS OF RECESSION HAVE INCREASED, BUT CONSENSUS TODAY IS SOFTER, NOT NEGATIVE GROWTHMORGAN STANLEY CEO SAYS TAILWIND OF LONG AWAITED M&A AND IPO CAPITAL MA...Reuters
Fri, Apr 11
Traders lighten bets on Fed rate cuts, still eye June start
April 11 (Reuters) - Traders on Friday continued to pull back from bets on aggressive Federal Reserve interest-rate cuts this year, as the closely-followed University of Michigan surveys of consumer sentiment showed confidence and inflation expectations deteriorating further in late March and early ...Reuters
Fri, Apr 11
US consumer sentiment, inflation expectations deteriorate sharply in April
WASHINGTON, April 11 (Reuters) - U.S. consumer sentiment deteriorated sharply in April and 12-month inflation expectations surged to the highest level since 1981 amid unease over escalating trade tensions.The University of Michigan Surveys of Consumers on Friday said its Consumer Sentiment Index dro...Reuters
Fri, Apr 11
US consumer sentiment, inflation expectations deteriorate sharply in April
WASHINGTON, April 11 (Reuters) - U.S. consumer sentiment deteriorated sharply in April and 12-month inflation expectations surged to the highest level since 1981 amid unease over escalating trade tensions.The University of Michigan Surveys of Consumers on Friday said its Consumer Sentiment Index dro...Reuters
Fri, Apr 11
India, US finalise terms of reference for first phase of trade deal, Indian official says
India, US negotiators holding talks for bilateral trade dealVice President JD Vance to visit India soon, says sourceIndia won't allow re-routing of goods to US, says source By Shivangi Acharya and Manoj Kumar NEW DELHI, April 11 (Reuters) - India and the U.S. have finalised terms of referenc...Reuters
Fri, Apr 11
US UoM Consumer Sentiment Index drops to 50.8 in April vs. 54.5 expected
Consumer confidence in the US continued to deteriorate in April, with the University of Michigan's (UoM) Consumer Sentiment Index dropping to 50.8 in the flash estimate from 57 in March. This reading came in worse than the market expectation of 54.5.Fxstreet
Fri, Apr 11
Kashkari: Fed should intervene only reluctantly, still needs to squash inflation - CNBC
Markets adjusting despite stress; interventions should only be to fix dislocationsRising yields, falling dollar could mean investors turning away from U.S.Trade deficit, low yields go hand-in-hand with U.S. as investment destinationFed can smooth dislocations, but cannot dictate where long rates set...Reuters
Fri, Apr 11
