Central banks will give risky debt a helpful shock

1/13/2022 7:23:00 PM

Benchmark bond yields are rising as rate-setters around the world scale back asset purchases. That will reduce the appeal of corporate debt, but a correction in credit markets is nothing to fear, writes @Unmack1

Bonds, Central Banks

Benchmark bond yields are rising as rate-setters around the world scale back asset purchases. That will reduce the appeal of corporate debt , but a correction in credit markets is nothing to fear, writes Unmack1

Benchmark bond yields are rising as rate-setters around the world scale back asset purchases. That will reduce the appeal of corporate debt , but a correction in credit markets is nothing to fear. A setback may lead to less hazardous terms for bondholders, and a rout is unlikely.

Context NewsYields on benchmark government bonds across developed markets have risen in 2022 because of expectations that central banks will dial back emergency stimulus.U.S. 10-year Treasury bond yields were at 1.73% on Jan. 13, up 22 basis points from the end of 2021. The yield on comparable German government bonds has risen 10 basis points over the same period, to minus 0.08%.

The rise in yields was triggered by the publication of minutes from the U.S. Federal Reserve’s December policy meeting, at which officials discussed the possibility of reducing the amount of bonds held on the central bank’s balance sheet.Source: REUTERS/Dado Ruvic/Illustration

Read more:
ReutersBreakingviews »

Russia will not export oil subject to Western price cap, deputy prime minister says

The move by the West to prohibit shipping, insurance and re-insurance companies from handling cargoes of Russian crude above the cap, is an attempt to punish Putin for the Ukraine conflict. Read more >>

Pakistan Plans to Ban Cryptocurrencies as Stance Hardens: ReportsA Pakistan court document indicates the government and central bank are in favor of banning cryptocurrencies completely, reports Amitoj. amitoj How can you ban what you don't have control on. I do want understand the logic behind countries and their leaders ideology on this crypto banning, You can't stop what did not create. It is quite unfortunate. amitoj BabyDogeCoin amitoj Fud

First Mover Asia: Bitcoin, Altcoins Climb Following Fed Reserve Chief's Inflation ReassurancesBitcoin topped $43,000 to lead a broad surge in crypto prices following Fed Reserve chair Jerome Powell's reassurances that the U.S. central bank would continue its vigorous efforts to combat rising inflation. Muyaoshen and JPRubin23 report MuyaoShen JPRubin23 We don't buy bitcoin We earn bitcoin From Mining I'm ready to show 10 lucky people how to earn 0.1BTC ($4,100) and more daily! No referral No withdrawal fees If interested, kindly send a DM MuyaoShen JPRubin23 SHIB MuyaoShen JPRubin23 Love the impressionistic clown pic. Noone takes you seriously anymore, JeromeHPowell.

This adorable service robot reduces COVID anxiety inside Silicon Valley hotelsIn Silicon Valley, these cute, helpful robots are filling staffing shortages to the delight of guests. Slow news day? Do a story on wage theft.

Hong Kong Monetary Authority aims to oversee stablecoin reservesStablecoins in Hong Kong could be facing more regulations. The Hong Kong Monetary Authority shares a paper declaring it wants to supervise issuance and reserves management. The moment hk un pegs itsf from usd , its dead. Or everything is converted to rmb before gracefully ridding of hkd. Hk is 100% import. It HaS no value in its local currency. Its just a means to create a bank. Nothing more. Of course the government wants to regulate crypto. I'm not suprised. $PIT 🚀 pitbulltoken Pitbull PitbullTokenArmy Pitbullish PitbullTokenNewATH PitbullCREW pitbullmetaverse PitbullToken100x pitswap PitbullMetaverse BNB hold BinanceSmartChain Bitcoin Ethereum Solana PitTokenComeBack PitTokenComeBack PitbullComeBack

Stablecoins Could Coexist With CBDCs, Says Fed ChairmanPrivately issued stablecoins could exist alongside a potential central bank digital currency, according to Federal Reserve Chair Jerome Powell. $head HeadFootball_io presale soon

Fed should partner with private sector to leverage blockchain technology: Chamber of Digital Commerce founderChamber of Digital Commerce President Perianne Boring reacts to Fed Chairman Powell saying cryptocurrencies and central bank digital currencies would be able to coexist. I found Powels tools ! BabaCugs

Cancel Context News Yields on benchmark government bonds across developed markets have risen in 2022 because of expectations that central banks will dial back emergency stimulus.By Jan 13, 2022 at 11:22 a.the stock market climbed on Tuesday after Jerome Powell, the chair of the Federal Reserve, reassured investors the Fed will combat the current high inflation, signaling the central bank may reduce its balance sheet this year.Email SILICON VALLEY, Calif.

U.S. UTC Updated Jan 13, 2022 at 11:22 a. 10-year Treasury bond yields were at 1.S.73% on Jan. UTC Karachi, Pakistan. 13, up 22 basis points from the end of 2021. The robot needs to be trained only once to navigate the lobby and hallways.

The yield on comparable German government bonds has risen 10 basis points over the same period, to minus 0. The document was compiled by a committee headed by Sima Kamil, a deputy governor of the State Bank of Pakistan (SBP).5% month-to-month increase in CPI to 7.08%. The rise in yields was triggered by the publication of minutes from the U. The submission is the first time a clear position has been taken by the central bank, according to the media reports.S. While some crypto traders and investors view bitcoin as a hedge against inflation, others consider it as a risk asset like stocks, which react to tightened monetary policy resulting from high inflation. Federal Reserve’s December policy meeting, at which officials discussed the possibility of reducing the amount of bonds held on the central bank’s balance sheet. "This indicates that, unlike in the past, this is a policy move which has greater consensus and coordination," said Ali Farid Khwaja, a partner at Oxford Frontier Capital and chairman of KTrade KASB Securities, a stock brokerage in the capital, Karachi. "There are guests that like the fact that they can have items delivered and not have that contact with a human being," said Radisson Sunnyvale general manager Alex Martinez.

Source: REUTERS/Dado Ruvic/Illustration Dollar banknotes are seen in this picture illustration taken June 13, 2017. Subjects ." Earlier this week, Pakistan’s Federal Investigation Agency (FIA) said it wants to talk to Binance as part of an investigation into a suspected scam it said has cost several thousand investors more than $100 million. Layer 1 token NEAR remained the biggest winner.