Analysis: Interest Rates

Analysis-Billions for bar service? Fed bond buying now tied to service sector rebound

As U.S. housing starts surged in November to close in on 14-year highs, keeping builders and contractors on the job, consumer spending slumped and in particular the flow of people back to restaurants...

Fed vows to buy bonds until it sees 'substantial' economic progress

The Federal Reserve on Wednesday vowed to keep funneling cash into financial markets until the U.S. economic recovery is secure, a promise of long-term help that fell short of hopes of an immediate...

Bank of Canada reiterates it could cut rates further if COVID worsens

OTTAWA -The Bank of Canada could lower already record low interest rates if a second COVID-19 wave leads to more scarring, a senior official said on Thursday, though he later added such a move was...

Enbridge forecasts higher 2021 core earnings on likely better volumes, rates

Canadian pipeline operator Enbridge Inc on Tuesday forecast higher core earnings in 2021 and raised its annual dividend, saying it expects to see volume on its Liquids Mainline System improve next...

Analysis: Second COVID-19 wave tests Turkey's commitment to austerity, higher rates

A surge in COVID-19 infections and the prospect of another economic downturn could sorely test Turkish President Tayyip Erdogan's reluctant acceptance of much higher interest rates and the need for...

Bond investors count on Canada to chart fiscal path back to normal

As Canada rolls out additional spending to support its economy during a second wave of the coronavirus, bond investors are giving Ottawa the benefit of the doubt, expecting a historic budget deficit...

Stocks, bonds fall, dollar flat as Fed fears subside

Stock prices and bond yields fell in relatively light trading on Friday as investors reacted to dwindling aid for the U.S. economy and rising coronavirus infection rates....

Stocks, bonds fall, dollar flat as Fed fears subside

Stock prices and bond yields fell in relatively light trading on Friday as investors reacted to dwindling aid for the U.S. economy and rising coronavirus infection rates....

Saudi Aramco gets $8 billion with jumbo five-part bond deal

Saudi Aramco was set to raise $8 billion from a five-part bond deal on Tuesday as the world's largest oil producer seeks cash after low oil prices dented its finances. It received...

Saudi Aramco plans debt market comeback with multi-tranche bond deal

Saudi Aramco said on Monday it had hired banks for a multi-tranche U.S. dollar-denominated bond issuance, as the world's largest oil company seeks cash amid lower oil prices....

S&P 500 hits all-time closing high after earnings, oil drops on pandemic worry

Wall Street jumped on Friday as encouraging earnings stoked risk appetite and President-elect Joe Biden's COVID advisory team said it was not considering a nationwide shutdown, but oil prices slid as...

Analysis: Surprise defaults may slow global stampede into China bonds

A smattering of high-profile Chinese debt defaults this week may give bullish foreign investors pause and likely dampen the debt sales outlook, bankers and analysts said, as a bond market selloff...

PIMCO's Ivascyn says vaccine boosts outlook for some pandemic-hit junk bonds

Positive data on an experimental COVID-19 vaccine has improved the outlook for high-yield credit, especially for companies slammed by the coronavirus pandemic, said Dan Ivascyn, chief investment...

Nasdaq surges as investors return to tech, crude ends off highs

Tech pushed the Nasdaq to close sharply higher and oil prices extended their rally on Wednesday, as hopes of potential COVID-19 were tempered by spiking coronavirus infections and the looming threat...

UK's Sunak boosts 200 billion-pound jobs rescue as BoE ramps up bond-buying

Finance minister Rishi Sunak ploughed more money into Britain's 200 billion-pound economic rescue on Thursday in a coordinated move with the Bank of England, which will buy more of the bonds being...

Global stocks, dollar gain as unclear U.S. election thwarts Democratic sweep

The dollar rose and world equity markets rallied on Wednesday as investors bet that a progressive Blue Wave Democratic agenda of heavy fiscal spending and more regulation was unlikely as the outcome...

Bank of Canada sees rates unchanged until 2023, shifts bond buying to longer maturities

The Bank of Canada said on Wednesday it expects interest rates to remain at current record lows into 2023, as it shifted its asset purchase program to focus on long-terms bonds and warned of a long...

Markets mixed with all eyes on U.S. stimulus talks

Global stocks sought direction on Wednesday, while gold hit a one-week high and the dollar fell to a six-week low as investors waited to see whether an agreement could be reached on a fresh U.S....

BofA says better equipped to handle recession as loan loss provisions shrink

Bank of America Corp executives on Wednesday joined the chorus of U.S. bank officials predicting an economic recovery would improve business in the quarters ahead, after lower interest rates fueled a...