India Bond Traders Are on Edge Amid Conflicting RBI Signals

In emerging market news, India bond traders are on edge amid conflicting Reserve Bank of India signals. Just days after announcing measures to lower yields, the RBI has given traders signals about their reluctance in pushing rates down further. This stems from the RBI going back on their word and purchasing bonds at higher than…

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Canada’s Big Bet on Stimulus Draws Global Attention

Trudeau government bets big on infrastructure investment amid rout in commodity prices Source: The Wall Street Journal In the global struggle to boost growth, a Canadian experiment in fiscal spending is providing a test case for some of the world’s biggest economies. Prime Minister Justin Trudeau’s Liberal government unveiled a plan last spring to spend heavily…

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Bank of England Re-Enters the Corporate Debt Market

Post-Brexit stimulus effort by BOE begins Source: The Wall Street Journal The Bank of England made its first foray into the corporate bond market in three years on Tuesday, with an offer to buy the debt of companies in sectors including energy, transport and finance. How successful it was in picking up assets won’t be known…

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