The Covid-19 pandemic may have bloated public debt to
levels, but that’s nothing compared to the fiscal
difficulties brewing in the coming decades, warns the OECD |
00:01 -
27/10/21 |
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The breakeven rate on five-year Treasury Inflation Protected
Securities topped 3% for the first time on record |
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Treasury yields beyond the two-year fell and market-implied
inflation expectations retreated after Fed Chair Powell says
the central bank is monitoring inflation carefully |
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U.S. exports of American cheese (including the processed
staple coveted for melty grilled cheese sandwiches) are
surging as buyers in Asia devour the stuff |
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Paraguay’s central bank surprised economists by delivering
its biggest interest rate increase in a decade |
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