Germany’s housebuilding sector is ‘in a confidence crisis’

A construction site with new apartments in newly built apartment buildings. Patrick Pleul | Picture Alliance | Getty Images Germany’s housebuilding sector has gone from bad to worse in recent months. Economic data is painting a concerning picture, and industry leaders appear uneasy. “The housebuilding sector is, I would say, a little bit in a … Read more

U.S. Treasury yields rise after PPI

U.S. Treasury yields climbed on Friday after January wholesaler prices came in higher than expected. The yield on the 10-year Treasury was 6 basis points higher to 4.295%, just under the closely watched 4.3% level. The 2-year Treasury yield was last trading at 4.66% after rising by 9 basis points. At one point, the yield … Read more

Germany’s economy is on shaky ground and there are few signs of hope

Federal Chancellor Olaf Scholz (SPD, r-l), Robert Habeck (Alliance 90/The Greens), Federal Minister for Economic Affairs and Climate Protection, and Christian Lindner (FDP), Federal Minister of Finance, follow the debate at the start of the budget week. Michael Kappeler | Picture Alliance | Getty Images Good news has been sparse for the German economy. And … Read more

Goldman Sachs analyst says the world is moving into a new super cycle

A screen displays the Dow Jones Industrial Average after the closing bell on the floor at the New York Stock Exchange on Dec. 13, 2023. Brendan Mcdermid | Reuters The global economy is moving into a new “super cycle,” with artificial intelligence and decarbonization being driving factors, according to Peter Oppenheimer, the head of macro … Read more

Economy, Gaza war and China ties dominate

Presidential candidates Anies Baswedan, Prabowo Subianto, and Ganjar Pranowo, along with their vice presidential candidates, are posing for photos after the first presidential candidate debate at the General Election Commission (KPU) office in Jakarta, Indonesia, on December 12, 2023. Indonesia is preparing to hold general elections for president and vice president for the 2024-2029 period … Read more

Investors look to fresh economic data

The 10-year Treasury yield inched lower Wednesday after briefly topping the 4% mark as investors bet that perhaps the Federal Reserve wouldn’t cut rates as aggressively as hoped for this year. The 10-year Treasury yield was last down about a basis points to 3.932, after touching above the key 4% mark earlier in the morning. … Read more

investors weigh 2024 interest rate outlook

U.S. Treasury yields were mixed on Wednesday, as investors considered the outlook for monetary policy and financial markets for the coming year. At 3:56 a.m. ET, the yield on the 10-year Treasury was down by over one basis points to 3.8667%. The 2-year Treasury yield was almost flat, last trading at 4.2891%. Yields and prices … Read more

U.S. Treasury yields: investors consider economic outlook

U.S. Treasury yields were slightly higher on Tuesday, as investors awaited the release of economic data that could provide hints about the economic outlook. The 2-year Treasury yield was up by about 3 basis points at 4.885%. The 10-year Treasury yield was 2 basis points higher at 4.4%. Yields and prices have an inverted relationship, … Read more

Germany slides deeper into budget crisis. Here’s what you need to know

German Chancellor Olaf Scholz (C), Finance Minister Christian Lindner (R) and Economy Minister Robert Habeck give statements to the media following the weekly government cabinet meeting on November 15, 2023 in Berlin, Germany. Sean Gallup | Getty Images News | Getty Images Germany’s budget is in trouble. Last week, the constitutional court ruled that it … Read more

investors look to key inflation data

U.S. Treasury yields fell on Tuesday as key inflation figures showed a surprisingly soft change in prices last month. The 10-year Treasury yield fell nearly 18 basis points to about 4.45%. The 2-year Treasury yield fell more than 19 basis points to under 4.9%. Yields and prices move in opposite directions and one basis point … Read more