Banking
Search documents
Bond Market Swings Affect Your Savings, Investments
Bloomberg Television· 2026-08-21 20:29
The 30 year bond is coming up. My God, Nikki, what does this new blessing yield mean for our personal finance. There's going to be a seismic shift this week.Well, you know, I think bonds used to be pretty drama free. And the game board is changing for investors right now. I think one way to simplify and think about it is if you need money, it is going to be more expensive to get that money. If you have money, there are a lot more interesting places you might be able to put it.Oh, that's a really good way of ...
The countdown to the Jackson Hole Economic Symposium begins
CNBC Television· 2026-08-21 16:15
It'll be a new uh a new chair there uh giving the keynote speech on Friday. And markets seem likely, Joe, to get somewhat more from the new Fed chairman uh next week in Jackson Hole on the um uh outlook in in in uh on the economy. It's more than gotten from him from Washington. Uh the chairman, meanwhile, faces new challenges when it comes to what's happening with bond yields. expectations for new the new Fed chairman in his first keynote include uh more detail on the econom on his economic views on the rat ...
X @None
The Wall Street Journal· 2026-08-21 16:13
RT None (@None)Beat average interest rates with one of the top high-yield savings accounts.https://t.co/nyYR2Cu0Ur https://t.co/B65npVTyY4 ...
X @None
Bloomberg· 2026-08-21 15:25
When World Liberty Financial sought federal approval for a national trust bank, several of its most prominent investors agreed to a condition: They would remain largely on the sidelines. https://t.co/7FlHkXSmvX ...
X @None
Bloomberg· 2026-08-21 14:14
RT None (@None)The #QatarEconomicForum welcomes Chairman & CEO @GoldmanSachs Group David Solomon to our program.Join us in New York for our special #UNGAWeek program on September 20.Learn more:https://t.co/Bj6xU2MMqj https://t.co/Gtvbc28Vch ...
Euro Could Go Lower From Here, Yu Says
Bloomberg Television· 2026-08-21 14:01
Geoffrey Yu of BNY writing the November 4 refunding is the key test. If treasury actions loosen conditions while inflation remains above target, the Fed may eventually need to offset some of that impulse. Geoff joins us now for more.Geoff, let's talk about it. We only just had one, quarterly refunding. It's a few months away now, Geoff.What's your base case. Oh, well, right now, it's about financial conditions. Right.We need to look at this on a comprehensive basis. And, crucially, the market is still prici ...
Fixing the U.S. debt: Rick Santelli and Steve Liesman on the great rate debate
CNBC Television· 2026-08-21 13:28
LIQUIDITY, ESPECIALLY IN THE 30 YEAR POINT, IS VERY POOR. >> TREASURY SECRETARY SCOTT, YESTERDAY ON SQUAWK ON THE STREET ON WEDNESDAY, THE TREASURY DEPARTMENT SAID IT WOULD AT LEAST DOUBLE THE SIZE OF ITS GOVERNMENT BOND BUYBACKS STARTING SEPTEMBER 9TH AND RUNNING THROUGH NOVEMBER 4TH. JP MORGAN SAYS THE GOVERNMENT'S EFFORTS TO EASE PRESSURE IN THE TREASURY MARKET COULD SIMPLY PUSH THE PROBLEM DOWN THE ROAD, WHICH THE GOVERNMENT WOULD NEVER DO WITH ANYTHING.SENIOR ECONOMICS REPORTER STEVE LIESMAN IN RICK SA ...
X @None
Bloomberg· 2026-08-21 13:20
Today in Bloomberg Deals: Italy’s banking M&A saga, Anthropic’s IPO ambitions and private equity’s latest NFL pay. https://t.co/fWM0r2ADcR ...
German Manufacturing Boost, French Businesses Hit By Heatwave | The Pulse 8/21/2026
Bloomberg Television· 2026-08-21 11:33
Macroeconomic Trends and Indicators - Eurozone PMI composite numbers for August rose to 52.1%, exceeding the forecast of 51.7% and the previous reading of 50.0%[1] - Germany's manufacturing sector recorded its best performance in over four years, while French business activity unexpectedly weakened due to the heatwave[1][6] - UK composite PMI for August beat expectations at 52.5%, rising from July's reading of 52.2%[7] Central Banks and Monetary Policy - European Central Bank (ECB) is expected to implement another rate hike in September, supported by inflation remaining around 3% for the rest of the year, following a quarter-point hike in June and a hold in July[1] - Bank of England (BOE) is anticipated to remain on hold temporarily due to inflation and labor market dynamics, with expectations that the next policy move will be a rate cut[3] Corporate Actions and Banking Sector - Italian bank Monte dei Paschi di Siena launched bids to acquire two rival banks, including Banca Generali, for a combined price of 34 billion euros (34000 million euros) to prevent a takeover by Intesa Sanpaolo[4][6] - Anthropic expects to match or beat SpaceX's record-setting IPO size of 75 billion dollars (75000 million dollars) ahead of going public by the end of the month[4] Energy Market and Geopolitics - Brent crude traded around 93 dollars per barrel amid supply concerns, refinery disruptions, and tightening diesel and jet fuel crack spreads[4][24] - Iran's annual inflation level approached 80% amid ongoing economic pressures and blockades[14]
X @None
Bloomberg· 2026-08-21 07:30
For all the US Treasury’s efforts to stem rising borrowing costs, cooling inflation remains the most compelling way to lower bond yields, according to Goldman Sachs https://t.co/HCXa0WI8CW ...