DoubleLine's Deputy CIO Jeffrey Sherman is managing bond portfolios defensively in an environment of heavy spending on artificial intelligence and potential for higher interest rates. By Amey StoneJeffrey Sherman, deputy chief investment officer at bond shop DoubleLine, thinks the U.S. economy and…
By Andy SerwerAt a recent gala dinner in Manhattan, Treasury Secretary Scott Bessent was asked how independent-minded the new Federal Reserve chairman, Kevin Walsh, would be, given President Donald Trump's strong preference, shall we say, for lower interest rates."Look, the president understands, h…
To the Editor: I read Al Root's article (" Cheap Drones Are Upending the Defense Sector," Cover Story, June 24) with both hope and humility. Root noted: "Views that drones will massively displace spending on manned platforms ignore institutional and political biases on military power."As we celebra…
Brazil's 10-year government bond yield rose to 14.6% in July as weaker-than-expected fiscal data heightened concerns over the country's public finances.Gross public debt climbed to 81.1% of GDP in May, above market expectations of 80.7%, while the primary deficit widened to R$56.1 billion, exceedin…
Canada's 10-year government bond yield held steady at 3.44% in July as lower oil prices and weaker-than-expected US jobs data reinforced expectations of a more accommodative monetary policy outlook.Oil prices remained near pre-conflict levels amid optimism over US-Iran peace efforts, easing concern…
By Sabine Siebold, Maria Martinez and Holger HansenGermany plans to lift 2027 borrowing to more than €203 billion ($232 billion), according to the budget draft seen by Reuters on Friday, a sharper rise than previously signalled, as Berlin ramps up investment and defence to shield its sluggish econ…
UK 10-year gilt yields hovered just below 4.8% as the Bank of England’s dovish stance and weaker-than-expected US jobs data led investors to scale back rate hike expectations for both the UK and US. Despite this, yields rose 6 basis points for the week as traders adjusted positions after the initia…
By Alun JohnGerman 10-year bond yields headed for their first weekly rise in a month on Friday, as traders refined their positions after the initial move lower in yields on the U.S.-Iran deal.Benchmark 10-year Bund yields were up 3 basis points at 2.93%, having risen for the last five days in a row…
By Sabine SieboldThe German draft budget for 2027 foresees borrowing of more than €203 billion ($232 billion), up from total borrowing of €196.5 billion in the key targets approved by the government in April, according to the budget draft seen by Reuters on Friday.This compares with €50.5 billion i…
By Sabine SieboldThe German draft budget for 2027 foresees borrowing of more than €203 billion ($232.27 billion), up from total borrowing of €196.5 billion in the key targets approved by the government in April, according to the budget draft seen by Reuters on Friday.This compares with 50.5 billio…
By Nora RedmondThe time is right for exposure to emerging markets, Japan and the eurozone, says MacroResearchBoardMacroResearchBoard sees semiconductor stocks taking a hit, a year or so from now.Technology stocks are currently calling the shots for U.S. equities, but investors are likely facing a b…
The U.K. government bond market is likely to remain sensitive to the details of fiscal plans under Andy Burnham, the frontrunner to become U.K. prime minister, Goldman Sachs analysts say in a note. "It remains unclear how his plans differ from current government policy and how they will be funded."…
Investors holding eligible Sovereign Gold Bonds (SGBs) issued between 2019 and 2021 can opt for premature redemption in July 2026 after completing the mandatory five-year holding period.The Reserve Bank of India (RBI) has announced the redemption schedule for eight eligible SGB tranches, allowing i…
LBBW cuts its forecasts for German 10-year Bund yield for three- and 12-month horizons, seeing it as "very unlikely" that the European Central Bank will feel compelled to raise interest rates in July. "We are cutting our forecast for the yield on 10-year German government bonds from 3.20% to 3.00…
