Market highlights Two-year yields have hedged their previous six-month range over the past week alone – and whether this move is sustainable or not matters a lot. Investors have a full data ledger to deal with this week, and signs of higher than expected inflation could hit the market like a ton of bricks It …

yields hedged their previous 6-month range last week. Whether or not this movement is sustainable matters a lot. While risky assets might ignore long-term stocks, they will have a harder time ignoring “Blues and 2” moves (2-year yields) without a doubt. (The blues are a sequence of individual futures contracts grouped together over a 4-year …

Jakande SIR: When my article on the late Great US Senator, Comrade Elijah Cummings was published in The Guardian, November 3, 2019, I had no idea that I would write a similar eulogy on Alhaji Lateef Kayode Jakande, LKJ-the Awoist, Baba Kekere (popularly called for his closeness to Awo), the political apostle of the late …

A statue of Father Junípero Serra overlooks the state of California at Capitol Park in Sacramento. Photo by Nathan Hughes Hamilton via Wikimedia Commons Melancholy washed over me when I first read that Coven James Ramos would wear Assembly Bill 338, a bill to permanently remove a statue of the Father Junípero Serra of Capitol …

Those who believe that economic integration is the key to global recovery must work together to fight protectionism, Trade and Industry Minister Chan Chun Sing said yesterday. Speaking at a virtual conference hosted by the South China Morning Post, Chan said the rules-based global economic order that has benefited countries large and small faces deep …

President Biden’s candidate for U.S. Trade Representative Katherine Tai testified yesterday at a confirmation hearing before the Senate Finance Committee. (Tai is very likely to be confirmed, and the hearing was not particularly controversial). Many of the questions posed to him focused on the specific business interests of senators’ voters, but there were also broader …

What is the international money market? The International Money Market or IMM is a division of the Chicago Mercantile Exchange (CME) that deals with the trading of futures and options on currencies and interest rates. Trading on the IMM began in May 1972, when the CME and IMM merged. Explanation of the international money market …

Basic products Speculators increased bullish bets on 24 major commodity futures contracts by 5% to a new high of 2.7 million lots, with a face value of $ 143.7 billion. Extreme positions above or near year-long highs have been seen for several commodities, from crude oil to commodities to copper HG, corn, wheat and cattle. …