Central Banks
RBI flags inflation risks, leaves door open to future rate hikes
India's central bank maintained its policy rate at 5.25% but warned that rising oil prices and broadening price pressures could require tighter policy. Policy stance remains neutral.
RBI signals potential rate hikes as inflation risks rise
Minutes from the August policy meeting show the Reserve Bank of India's rate panel remains watchful on inflation, with a hike possible later this year. Growth forecast lifted to 6.7%.
RBA signals potential rate hike as inflation risks rise
Reserve Bank of Australia holds rates steady but warns of further tightening if upside inflation risks materialize, citing Middle East tensions and AI-driven demand.
RBA’s Hauser signals possible rate hike if inflation risks materialize
Deputy Governor Andrew Hauser warns that Australia’s central bank may resume tightening if upside inflation risks, including geopolitical tensions and the AI-driven productivity gap, escalate.
Euro zone bond yields surge to two-decade highs amid debt concerns
German 10-year yield hits 15-year peak as France and Italy follow; ECB tightening bets rise to 45 bps. Oil climbs above $92 a barrel on geopolitical risks.
Germany's borrowing costs surge to 15-year high amid defense spending surge
German 10-year and 30-year bond yields hit multi-decade peaks as geopolitical tensions and fiscal pressures drive borrowing costs higher. U.S. and Japanese yields also climb to multi-year highs.
US Treasury boosts liquidity support, 10-year yields fall 4.9 bps
Treasury doubles buyback operations for longer-dated bonds as benchmark yields decline. Fed minutes and 20-year auction awaited.
Yardeni sees no cause for panic as U.S. yields climb toward 5%
Veteran strategist Edward Yardeni argues rising U.S. Treasury yields remain within a normal range, though he warns of potential pressure from 'Bond Vigilantes' amid fiscal concerns and oil price risks.
US Treasury yields rise as Iran tensions fuel bond selloff
Benchmark 10-year yield approaches two-year high amid geopolitical risk and global debt market rout. Industrial output growth slows to 0.2% in July.
ECB’s Lane warns 3% euro zone inflation still exceeds target
European Central Bank Chief Economist Philip Lane signals policy caution as inflation remains one percentage point above the 2% target.
Japan’s 30-year JGB yield surge signals end of ultra-loose policy era
Japan’s benchmark 10-year government bond yield hit a 30-year high, ending decades of near-zero rates and reshaping global debt markets amid policy shifts and inflation pressures.
Global bond yields hit multi-decade highs as US-Iran ceasefire collapses
US, UK, Germany, France and Japan see borrowing costs surge after failed negotiations and renewed geopolitical tensions. Investors brace for prolonged inflation pressures.
Bank of England Expected to Hold Rates for Remainder of Year, Reuters Poll Shows
A recent Reuters poll indicates the Bank of England is likely to maintain interest rates through the rest of the year despite ongoing inflation risks.
Federal Reserve Policy Stance Remains Accommodative, Paper Suggests
A recent research paper indicates that a specific neutral rate estimate points to an ongoing accommodative stance by the Federal Reserve.
Economists See No Near-Term US Rate Hikes Amid Cooling Labor Market
Economists expect the Federal Reserve to hold off on interest rate hikes following negative US labor market data and a slight easing of inflation.
Citadel Securities: Fed policy keeps Treasury yields elevated
Fed’s hawkish stance cited as primary driver of elevated U.S. Treasury yields, per Citadel Securities analysis.
Switzerland updates Russia sanctions under revised Swiss ordinance
Revised measures expand restrictions on trade and financial flows tied to Russia, aligning with recent international policy shifts. Changes apply to Annex 2 and 14a of the 2022 ordinance.
U.S. Treasury yields steady ahead of Fed minutes release
Benchmark 10-year note yield holds near recent levels as market awaits Federal Reserve policy meeting minutes for further rate guidance.
Japan’s 10-year government bond yield hits 30-year high
Benchmark yield climbs to 0.955%, highest since 1994, as investors reassess policy outlook amid persistent inflation.
Swiss Regulator’s TBTF Push Raises Questions After Credit Suisse Collapse
Finma’s role in Credit Suisse’s downfall prompts scrutiny over its expanded powers under TBTF reforms. Critics question why the regulator didn’t act sooner.
Central bankers’ words carry weight as policy tool, experts say
Verbal communication shapes market expectations as much as rate moves or FX interventions, with past remarks triggering sharp reactions. Four historical examples highlight the power of central bank rhetoric.
Swiss National Bank names Ulrich Bindseil to lead Gerzensee center
Martin Brown steps down as director of the SNB's Gerzensee study center after five years, with Ulrich Bindseil set to take over in January 2027.
Indian bond yields rise after RBI shortens swap deadline
Yields on Indian government bonds climbed after the Reserve Bank of India reduced the deadline for its government securities acquisition program swap.
Martin Brown named Czech National Bank's chief economist
Appointment of Martin Brown as CNB's chief economist effective October 1, succeeding outgoing chief economist. Transition marks shift in central bank's economic leadership.