COLUMN-Foreigners may temper the taper: Jamie McGeever

(The opinions expressed here are those of the author, a columnist for Reuters) ORLANDO, Fla., Aug 20 (Reuters) – Conventional wisdom holds that central banks tapering their bond purchases will push bond yields higher – but recent U.S. and UK

China approves renewable mega-project for green hydrogen

SINGAPORE (BLOOMBERG) – The Chinese region of Inner Mongolia has approved a massive power project that will use solar and wind to produce green hydrogen. Inner Mongolia’s Energy Administration has given the go ahead to a cluster of plants in

Global supply chains are being battered by fresh Covid surges

HONG KONG (BLOOMBERG) – Asia’s renewed surge in Covid-19 infections is compounding supply-chain blockages across the world’s biggest source of manufactured goods. After weathering earlier pandemic waves better than other regions, the fast-spreading delta variant has thrown into turmoil factories

China factory activity growth slips to 15-month low in July

BEIJING (REUTERS) – China’s factory activity growth slipped sharply in July as demand contracted for the first time in over a year in part on high product prices, a business survey showed on Monday (Aug 2), underscoring challenges facing the

Australia's CPI spikes to highest since 2008 on Covid jolt

(BLOOMBERG) – Australia’s inflation surged last quarter, joining developed-world counterparts in spiking from 2020’s lockdown-induced weakness, though a renewed Covid outbreak is set to damp pressures ahead. Inflation accelerated to 3.8 per cent in the three months through June from

German 10-year yield at 3-month low as bonds retain support

July 16 (Reuters) – Germany’s 10-year yield fell to a new three-month low in quiet trading on Friday as markets sought direction ahead of next week’s European Central Bank meeting. In the absence of major euro area data releases on

UPDATE 3-Euro zone bond yields down, Powell says way off bond taper

* Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr (Adds Schnabel, quote, updates prices) LONDON, July 14 (Reuters) – Euro zone government bond yields ticked down on Wednesday, with German borrowing costs pulling back from one-week highs as comments from Federal

UPDATE 1-German Bund yield touches one-week high, Fed's Powell eyed

* Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr (Updates price action, adds chart, supply) LONDON, July 14 (Reuters) – Germany’s benchmark 10-year bond yield briefly touched a one-week high on Wednesday, in a sign that a rush into safe-haven debt