The yield on the 10-year US Treasury note traded around 5% on Thursday, staying close to its highest level since July 2007 after the Federal Reserve raised interest rates for the first time in three years and signaled further tightening this year to contain inflation. The FOMC unanimously lifted the fed funds rate by 25 […]
Net foreign acquisitions of long-term securities, short-term US securities and banking flows resulted in a net TIC inflow of $83.7 billion in July 2026. Net foreign private inflows totaled $73.5 billion, while net foreign official inflows reached $10.2 billion. Foreign residents increased their holdings of long-term US securities, with net purchases of $40.6 billion, including […]
Brazil’s central bank cut its benchmark interest rate by 25 bps to 13.75% at its September meeting, in line with market expectations. The bank noted that the external environment remains uncertain due to the lack of clarity surrounding armed conflicts in the Middle East and uncertainty over monetary policy in some advanced economies. Domestically, indicators […]
The Hong Kong Monetary Authority (HKMA) raised its base rate by 25bps to 4.25% on September 17, 2026, marking its first hike since 2023 and following the U.S. Fed’s decision to lift its federal funds target range for the first time in three years. The move reflects Hong Kong’s Linked Exchange Rate System, which keeps […]
Singapore’s non-oil domestic exports (NODX) surged 46.2% year-on-year in August 2026, accelerating sharply from a downwardly revised 24.1% rise in July and far above forecasts of 35%. It was the twelfth straight month of expansion and the strongest growth since October 1988, driven by electronics exports (131.8% vs 112% in July), supported by robust AI-related […]
Malaysia’s 10-year government bond yield rose to 4.22%, its highest level since December 2024, tracking a surge in global bond yields following the Federal Reserve’s first rate hike in three years. This added to pressure on Malaysian bonds amid increased bond supply and growing expectations of monetary tightening by Bank Negara Malaysia. The central bank […]
The yield on India’s 10-year G-Sec fell to around 7.1%, retreating from multi-month highs as softer US Treasury yields and easing oil prices reduced pressure on global bonds ahead of the Federal Reserve’s policy decision. The benchmark yield had climbed to 7.07% on Tuesday, its highest in four months, amid surging crude prices and elevated […]
Germany’s 10-year Bund yield rose to 3.55%, its highest level since June 2009, as investors increased bets on further European Central Bank rate hikes amid renewed inflation concerns and ahead of today’s US Federal Reserve decision. Markets are now pricing the ECB deposit rate at around 2.9% by December, up from the current 2.5%. Further […]
Retail Sales in South Africa surged by 3.4% from a year ago in July 2026, following a downwardly revised 1.1% rise in June and overshooting market forecasts of a 0.9% increase. This marked the strongest growth in retail activity since January, mainly on account of general dealers (3.2% and contributing 1.3 percentage points); all ‘other’ […]
The average contract rate for a 30-year fixed mortgage in the US rose to 6.97% in the week ended September 11, its highest level since May 2025, according to the Mortgage Bankers Association. The increase followed a rise in Treasury yields, with the 10-year note briefly touching 5% and approaching its highest level since 2007, […]