WASHINGTON The head of the top US markets regulator on Monday issued a warning over market risks including rising corporate debt, Britain's withdrawal from the European Union, and the transition away from a key lending rate.
Mr Jay Clayton, chairman of the Securities and Exchange Commission , told an audience in New York he continued to be concerned over corporate debt growth, which he said had been fostered by a decade of accommodative monetary policies. In the US, outstanding corporate debt stands at almost US$10 trillion , almost 50 per cent of GDP, he said.The US corporate bond market, the world's largest, has offered robust returns, particularly for foreign investors, although Mr Clayton added that there are signs those returns may be slowing.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Where the top Democratic US presidential candidates stand on 'Medicare for All'All of the Democratic presidential candidates debating on Thursday say universal healthcare is a top priority. They disagree, however, on the best ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Swiss-based Libra will have to meet tough US standards: US TreasuryThe Facebook-led Libra cryptocurrency project must meet the highest standards for combating money laundering and terrorism financing, a senior U.S.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US extracted spy that confirmed Putin role in 2016 US vote: ReportsWASHINGTON: US agents extracted a high-level Russian government source who had confirmed Vladimir Putin's direct role in interfering in the 2016 ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Studies show US companies not leaving China in droves, but China companies investing less in USWASHINGTON - Chinese companies are investing less in the United States but American firms are continuing to plough money into China, according to two research papers released on Monday (Sept 9) that show how companies in the two superpowers are responding differently to the trade war.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
US extracted spy that confirmed Putin role in 2016 US vote: reportsWASHINGTON (AFP) - US agents extracted a high-level Russian government source who had confirmed Vladimir Putin's direct role in interfering in the 2016 US presidential election, US media reported late Monday (Sept 9).. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Hong Kong may be weak link for US technology, US senators warnWASHINGTON (BLOOMBERG) - A bipartisan group of US senators has told the Trump administration that they are concerned about whether US export controls are strong enough to prevent China from getting sensitive American technology through Hong Kong.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »