Category: Government Bonds

British Pound and Bond Prices Rise as New Chancellor Accelerates Tax Plans

The New York Times – Business:
Jeremy Hunt, Britain’s new top finance official, said he would bring forward by two weeks measures to “support fiscal sustainability.”
After Weeks of Turmoil, UK Markets Face Another Test on Monday

The New York Times – Business:
Investors will get to weigh in after the Bank of England ended its bond market intervention and the bank’s governor offered conciliatory words over the weekend.
With So Much Riding on the Fed’s Moves, It’s Hard to Know How to Invest

The New York Times – Business:
Where the markets go from here depends on whether and how deftly the Federal Reserve pivots from its hawkish stance.
New E.T.F.s Turn the Funds’ Virtue of Low Risk on Its Head

The New York Times – Business:
Using a variety of means to bet on the direction of a single stock, they add a layer of complexity that worries some investment professionals.
U.K. Markets Slump Despite Kwasi Kwarteng’s Ouster

The New York Times – Business:
Kwasi Kwarteng, the chancellor of the Exchequer, was fired on Friday by Prime Minister Liz Truss in a bid to end weeks of market turmoil.
Andrew Bailey Battles Inflation Amid Britain’s Financial Storm

The New York Times – Business:
Andrew Bailey, the Bank of England chief, is trying to calm markets, wrestle inflation and maintain the bank’s credibility amid Britain’s financial storm.
Markets Plunge After High CPI Inflation Reading

The New York Times – Business:
Stocks initially tumbled, then rebounded sharply after a report that signaled the Fed would continue raising interest rates aggressively.
Liz Truss Stirs Uncertainty Over the U.K.’s Economic Plans

The New York Times – Business:
Prime Minister Liz Truss appeared to rule out cuts in public spending, as doubts about the fiscal soundness of the government’s program continued to roil the markets.
Turmoil Returns to the U.K. Bond Market

The New York Times – Business:
The Bank of England started a bond-buying program last month to stabilize financial markets. But its plan to end the program this Friday is only making investors more nervous.