The S&P 500 index fell over 1.4 percent, its largest daily decline since July, while the tech-heavy Nasdaq slumped nearly 2.5 percent, that index’s biggest one-day decline since June.

© Angela Weiss/Agence France-Presse — Getty Images

As obrigações francesas, a 10 anos, atingiram na quarta-feira 21 de outubro um máximo de 24 anos quando ultrapassaram a barreira dos 5%. Um dos factores para esta escalada está ligada às dificuldades na aprovação de um Orçamento para o país, refere o The Guardian, a que se juntam os protestos nas ruas francesas, que já assumiram contornos violentos, e também o défice nas contas francesas.

E o spread [diferença] das obrigações francesas, face às alemãs [que são tidas como referência], atingiu os 157 pontos base, ficando próximo de níveis registados em 2011, salientou a Reuters.

O economista do banco ING, Charlotte de Montpellier, referiu, citado pelo Le Monde, que a perda de confiança representa agora o “maior” risco económico. “A subida das taxas de juro exacerba as condições financeiras já difíceis e provavelmente afetará ainda mais os investimentos e a atividade económica”, acrescentou.

Já o responsável pela estratégia de mercado da plataforma de negociação de moedas e pagamentos Ebury, Matthew Ryan, citado pelo The Guardian, referiu que os prolemas que se fazem sentir em França estão também a pressionar em baixa o euro. “O euro continua a ficar atrás da maioria das principais moedas, uma vez que o prémio de risco político em França dificilmente diminuirá em breve. Ainda não é claro se o orçamento de 2027 será aprovado pelo parlamento e, mesmo que assim seja, parece estar repleto de concessões tanto à esquerda como à direita, deixando o problema do défice sem uma solução adequada”, acrescentou.

France’s bond market hit by another bout of selling as country recovers from weekend protests

• Business live – latest updates

French borrowing costs continued to rise on Thursday, as investors fret that France’s government is struggling to pass a federal budget after public protests gripped the country.

France’s bond market was hit with another bout of selling, with the difference between French and German 10-year borrowing costs – a metric for the risk premium attached to French debt – rising to its highest level in almost 15 years.

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© Photograph: Telmo Pinto/NurPhoto/Shutterstock

© Photograph: Telmo Pinto/NurPhoto/Shutterstock

© Photograph: Telmo Pinto/NurPhoto/Shutterstock

France’s bond market hit by another bout of selling as country recovers from weekend protests

• Business live – latest updates

French borrowing costs continued to rise on Thursday, as investors fret that France’s government is struggling to pass a federal budget after public protests gripped the country.

France’s bond market was hit with another bout of selling, with the difference between French and German 10-year borrowing costs – a metric for the risk premium attached to French debt – rising to its highest level in almost 15 years.

Continue reading...

© Photograph: Telmo Pinto/NurPhoto/Shutterstock

© Photograph: Telmo Pinto/NurPhoto/Shutterstock

© Photograph: Telmo Pinto/NurPhoto/Shutterstock

Sanae Takaichi has done something few Japanese leaders manage. She’s reached her first anniversary in office more popular than her predecessors, and she looks well placed to keep the job. In a country that has burned through five prime ministers in a decade, this counts for a lot. Popularity, though, is only one of two […]

The post Takaichi’s next vote is in the bond market appeared first on Asia Times.

The billionaire told Meta’s board that he planned to list his Silicon Valley home for sale. The company remade its stock structure to help him pay the tax if voters pass it.

© Victor Llorente for The New York Times

Yield on 10-year government bonds passes 5% amid failure to pass budget and fallout from violent street protests

France’s borrowing costs have climbed above 5% for the first time in 24 years as political concerns and the government’s failure to agree a much-delayed budget spook the financial markets.

With some civic buildings still smouldering from recent riots, a fresh bout of selling pushed up the yield – or interest rate – on bonds issued by the second largest economy in the eurozone.

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© Photograph: Michel Euler/AP

© Photograph: Michel Euler/AP

© Photograph: Michel Euler/AP

The turmoil shows the profound challenges facing governments stuck between unhappy citizens and wary bond investors.

© Abdul Saboor/Reuters

Difference between French and German borrowing costs widens after public buildings burned and shops looted

France has been hit by a fresh wave of selling in its bond and stock markets after violent protests over the weekend led to thousands of arrests and left public buildings burned and hundreds of shops looted across the country.

The chaos has spooked investors as analysts worried that it would undermine Paris’s efforts to cut spending and reduce its debt.

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© Photograph: SDIS 87/AFP/Getty Images

© Photograph: SDIS 87/AFP/Getty Images

© Photograph: SDIS 87/AFP/Getty Images

TOKYO — An unwelcome blast of US inflation is blowing across Asia’s markets. September’s hotter-than-expected price data revived concerns that the Federal Reserve will keep rates higher for longer, threatening fresh pressure on currencies, capital flows and economic growth across the region.

Last month’s 3.7% year-on-year increase in consumer prices didn’t just exceed forecasts. It ensured the Fed is on an even bigger collision course with both the bond market and US President Donald Trump’s White House. It’s arguably the last thing both Trump and US Federal Reserve Chairman Kevin Warsh wanted to see less than three weeks ahead of the mid-term elections.

The post Hot US inflation singes Asia as higher-for-longer Fed rates loom appeared first on Asia Times.

Mark Levine highlights city's $285M of investments in Israeli companies to stress he's not engaged in Israel boycott

Mark Levine, who is Jewish, says decision is not political but due to 'technical challenges' and 'financial considerations'

Rising bond yields have been a warning sign for financial markets in recent months amid the Iran war's risk to global economies, and the IMF says those risks are more of a concern.

Rising bond yields have been a warning sign for financial markets in recent months amid the Iran war's risk to global economies, and the IMF says those risks are more of a concern.

TOKYO — The bond vigilantes are back — and now they’re patrolling every major debt market at once. As deficits balloon, spending runs unchecked and oil prices spike, investors are reasserting control over markets that once seemed shielded from shocks and sending yields skyrocketing. The revolt spans the US, Japan, Europe and beyond as a […]

The post Bond vigilantes on a savage hunt as global yields run wild appeared first on Asia Times.

Consumers could be facing higher borrowing costs for longer as bond markets are once again signalling rising economic risk to the finance and investing community.

Consumers could be facing higher borrowing costs for longer as bond markets are once again signalling rising economic risk to the finance and investing community.