Sudden

Britain's sudden shift to 'Reaganomics' gets a boost from the markets

Britain’s sudden shift to ‘Reaganomics’ gets a boost from the markets

Truss has now put the country on an economic path completely at odds with most, if not all, of the world’s major economies. Hannah McKay | Reuters LONDON — Britain’s new Prime Minister Liz Truss may have talked a lot about “fallout economics” during her election campaign this summer, but no one could have predicted …

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Sudden sell-off in short-term debt pushes rate near 'magical' level that 'scares' markets

Sudden sell-off in short-term debt pushes rate near ‘magical’ level that ‘scares’ markets

The yield on the 1-year Treasury is testing 4%, a level that traders say could spill over to other rates and send shivers through financial markets, as the Federal Reserve continues in earnest with its campaign to reduce its balance sheet by $8.8 trillion. . This balance sheet process, known as “quantitative tightening,” is intended …

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