| 单词 | bps |
| 例句 | I like the way it sounds on his bps. Beasts of Prey 2021-09-28T00:00:00Z Cole fingered blades of grass under his left hand, then broke off a few and brought them to his bps. Touching Spirit Bear 2001-01-09T00:00:00Z Edwin remained standing along the wall, watching intently as Garvey placed a big pillow under Cole’s head and ladled spoonfuls of chicken broth between his cracked bps. Touching Spirit Bear 2001-01-09T00:00:00Z He kept trying to push himself over the edge, but again his head was lifted and more warm fluid flowed past his bps. Touching Spirit Bear 2001-01-09T00:00:00Z Sansa touched her bps to the metal, thinking that she would kiss any number of swords sooner than Joffrey. A Clash of Kings 1998-11-16T00:00:00Z Koffi’s eyes were still closed, a small smile on her bps, but his had caught something over her shoulder a few feet away from them—movement. Beasts of Prey 2021-09-28T00:00:00Z Sansa lifted the cup to her bps and took a sip. A Clash of Kings 1998-11-16T00:00:00Z I turned around to hand the drawing back to Ben, just as he leaned forward and mashed his bps into my collarbone. Walk Two Moons 1994-06-30T00:00:00Z Looking very small behind a high-backed chair, the old man stood for a moment with his clear, childlike blue eyes closed and his bps moving, then drew out his chair and sat down. The Incredible Journey 1961-01-01T00:00:00Z He sees Gabriel lean in and, gently resting his hand on Libby’s knee, close his eyes and wait for her to meet his bps. Where Things Come Back 2011-05-03T00:00:00Z “Just come get—” Mark started to yell, but her fingers were suddenly in his mouth, pulling at his bps. The Kill Order (Maze Runner, Book Four; Origin) 2012-08-14T00:00:00Z I feel a strange warmth at the sound of my name on his bps. Legend 2011-11-29T00:00:00Z He opened his cracked bps and let rain hit his swollen, chalky tongue. Touching Spirit Bear 2001-01-09T00:00:00Z Deliberately, he opened his crusted bps and poked the grass inside. Touching Spirit Bear 2001-01-09T00:00:00Z “This one tells stories,” Mrs. Moss said between pursed bps. Three Little Words: A Memoir 2007-12-27T00:00:00Z Eyes were narrowing, foreheads furrowing, bps curling up in slight snarls. The Kill Order (Maze Runner, Book Four; Origin) 2012-08-14T00:00:00Z The creature’s bps were widely parted, standing upright and quivering, revealing yellow teeth and dark pink gums. Life of Pi 2001-09-01T00:00:00Z The Martian touched his own nose and bps. The Martian Chronicles 1950-01-01T00:00:00Z He pursed his bps in a tired pout. Catch-22 1961-11-10T00:00:00Z He reaches out and takes me into his arms as my eyes water and my bps tremble. First They Killed My Father: A Daughter of Cambodia Remembers 2000-01-01T00:00:00Z She put her fingers up to her face, felt the wide nose and thin bps, the too-high forehead and tangled mass of frizzy hair. Uglies 2005-02-08T00:00:00Z Based on the rate implied by futures markets, they are pricing for around 70 basis points' worth of cuts over 2024, compared with expectations for 80 bps of easing a week ago. Dollar steadies as economic data muddies Fed expectations 2023-11-16T05:00:00Z While most other Wall Street majors view the Fed as likely done with raising rates, Barclays still expects another 25 bps hike in January. BofA joins 'Fed done hiking rates' view; Barclays sees one more 2023-11-15T05:00:00Z Two-year Treasury yields dropped 22 bps overnight and were mostly steady through Asia trade at 4.84%. Asia stocks jump as US inflation recedes, China data surprises 2023-11-15T05:00:00Z A Moody's downgrade is the bigger risk given its Italy outlook and such a move could see the closely-watched 10-year bond yield gap over Germany pop to 250 bps, with potential ramifications across the periphery. Take Five: That rate cut trade 2023-11-10T05:00:00Z Ten year yields rose 10 bps on Monday, but had fallen almost 30 bps last week. Asia stocks snap winning streak, await RBA 2023-11-07T05:00:00Z Around 70 to 75 basis points of Fed easing next year is priced into the U.S. curve, and almost 50 bps of expected rate cuts is reflected in the UK curve. Morning Bid: Peering past the policy peak 2023-11-02T04:00:00Z Meanwhile, Asian central banks were still in their tightening cycle with both Indonesia and the Philippines raising rates by 25 bps each. G10 central banks hit rate plateau in October, emerging markets diverge 2023-11-01T04:00:00Z Two-year Japanese government bonds managed their sharpest rally since April 2022, with the yield falling more than 3 bps to 0.055%. Asia stocks jump as US inflation recedes, China data surprises 2023-11-15T05:00:00Z U.S. yields rose in early Asia trade, while Japanese yields fell slightly on thin volumes, leaving the spread between benchmark 10-year rates at 398 bps. Yen languishes as focus turns to Fed 2023-11-01T04:00:00Z On Wednesday, they stood at 145 bps, data from S&P Global Market Intelligence showed . War clouds Israel's interest rate outlook 2023-10-26T04:00:00Z They are up almost 100 bps this year, having jumped over 200 bps in 2022. World's biggest bond markets hit by heavy selloff 2023-10-04T04:00:00Z And Russia and Turkey - both battling pressures on their currencies due to idiosyncratic stories rather than the global backdrop - lifted benchmarks by 200 bps and 500 bps respectively. G10 central banks hit rate plateau in October, emerging markets diverge 2023-11-01T04:00:00Z They are up almost 100 bps this year, having jumped over 200 bps in 2022. World's biggest bond markets hit by heavy selloff 2023-10-04T04:00:00Z That is narrower than 414 bps it had hit in October. Yen languishes as focus turns to Fed 2023-11-01T04:00:00Z The central bank's own economists project 50-75 bps of rate cuts in the next year. War clouds Israel's interest rate outlook 2023-10-26T04:00:00Z Treasuries has risen to over 800 basis points, according to JPMorgan, more than 70 bps higher from their Aug. 1 trough. Why a rout in government bonds is worrying 2023-10-03T04:00:00Z The total tally for the year on rate hikes stood at 4,225 bps through 34 hikes, while policy makers also delivered 570 bps of rate cuts across 11 moves. G10 central banks hit rate plateau in October, emerging markets diverge 2023-11-01T04:00:00Z Germany's 10-year government bond yield fell 12 bps to 2.848%, with the euro area debt benchmark heading for its best trading day in more than a month. World stocks nudge up, bonds rally in bright end to grim quarter 2023-09-29T04:00:00Z Rising U.S. bond yields have the 2-year U.S.-Japan spread well above 500 bps and dollar/yen inching closer to 150. Morning Bid: Dollar glimmers in broad market gloom 2023-09-28T04:00:00Z Credit default swaps - a derivative used to insure against a sovereign default - have risen from 60 bps pre-war to 149 bps on Tuesday. War clouds Israel's interest rate outlook 2023-10-26T04:00:00Z Sweden's Riksbank raised its key rate by 25 bps to 4% and said it may need to do more to bring inflation lower. Analysis: Europe's currencies feel fresh pain as central bank support fades 2023-09-21T04:00:00Z The Norges Bank raised its key rate by 25 bps to 4.25% on Thursday, but in a surprise move flagged another hike was likely in December. End is in sight for global rate hiking cycle 2023-09-21T04:00:00Z Treasury is up 72 bps since July, also its worst quarterly performance since the same quarter last year. World stocks nudge up, bonds rally in bright end to grim quarter 2023-09-29T04:00:00Z UK gilt yields fell sharply as investors slashed bets for a rate hike on Thursday, with two-year yields last down almost 13 bps at 4.86% . Markets on hold ahead of Fed, but UK data stirs rate pause talk 2023-09-20T04:00:00Z Prior to the war, markets had predicted that the benchmark rate would be lowered by at least 100 bps through 2024 as inflation returned to its target range. War clouds Israel's interest rate outlook 2023-10-26T04:00:00Z Norway’s central bank is also expected to nudge benchmark borrowing costs higher, following a 25 bps rise in August to 4%. Take Five: A central bank bonanza 2023-09-15T04:00:00Z Sweden's central bank raised its key policy rate by 25 bps to 4% on Thursday, as expected, and said more tightening may be needed to bring inflation back to 2%. End is in sight for global rate hiking cycle 2023-09-21T04:00:00Z So far, nine developed economies have raised rates by a combined 3,915 bps in this cycle. Crunch time after string of aggressive central bank rate hikes 2023-09-14T04:00:00Z Asked about the fallout from the National Bank of Poland's much-larger-than-expected 75 bps interest rate cut last week that saw regional currencies weaken, Pleschinger said Hungary's central bank should tread carefully. Hungary central bank could cut base rate to 10-11% by year-end -rate-setter 2023-09-14T04:00:00Z ECB rate hikes were once a done deal for traders, but a year and 425 bps of rises later, those days are long gone. Take Five: Doves versus hawks 2023-09-08T04:00:00Z On the easing side, emerging markets banks delivered 220 bps of cuts since the start of the year across five reductions, the data showed. Central banks' rate hike push slips into August lull, EM diverging 2023-09-04T04:00:00Z Three economists expected two more 25 bps hikes in the fourth quarter. RBA to hold rates at 4.10% on Tuesday, but will hike again next quarter, Reuters poll shows 2023-09-04T04:00:00Z “This balancing act is playing out right now,” Christiansen said, adding he still expects a 25 bps hike in September, given the ECB’s mandate to keep inflation in check. Analysis-For traders, September's ECB move is far from clear cut 2023-08-31T04:00:00Z Treasury yields edged higher on Wednesday with two-year yields, which moves inversely to the price of the government debt instrument and tracks interest rate expectations, up 3 bps at 4.91%. World stocks close in on worst month so far this year 2023-08-30T04:00:00Z Germany's two-year yield rose 7 bps to 3.099% after regional Germany inflation data. Global shares close in on worst month so far this year 2023-08-30T04:00:00Z For rate-sensitive short-dated German bond yields yields are even down 17 bps in August as weak data has raised expectations of a European Central Bank rate hike pause in September. Analysis: Europe's weaker economy limits fallout of US bond rout 2023-08-30T04:00:00Z The 2/10 curve steepened to minus 78 basis points from minus 108 bps at the beginning of July, although it has flattened in the last few days. Analysis: US Treasury yield curve shifts could be set-up for Jackson Hole unwind 2023-08-24T04:00:00Z In Britain, gilt yields were over 10 bps lower on the day across the yield curve and sterling dropped as much as 0.9% against the dollar. Investors expect ECB rate-hike pause in September after dismal PMIs 2023-08-23T04:00:00Z Five-year credit default swaps for Goldman Sachs on Tuesday rose to 78 basis points from 77 bps at Monday's close to its highest level in a month, data from S&P Global Market Intelligence showed. Shares of US banks drop after S&P downgrades some ratings 2023-08-22T04:00:00Z Ten-year yields are up almost 40 bps for the month so far. Soaring yields leave stocks struggling for headway 2023-08-22T04:00:00Z Treasuries, the premium demanded by investors to hold those bonds over risk-free debt, was 1,734 basis points, from just over 2,000 bps earlier this month. Ecuador election: Correa-protege, business heir to face off in presidential runoff 2023-08-21T04:00:00Z Treasuries, the premium demanded by investors to hold those bonds over risk-free debt, was 1,787 basis points, from just over 2,000 bps earlier this month. Ecuador election: Correa-protege, business heir to face off in presidential runoff 2023-08-21T04:00:00Z While expectations were scaled back, traders still expect two more 25 bps rate hikes from the BoE, which is tackling higher inflation than the euro zone. Investors expect ECB rate-hike pause in September after dismal PMIs 2023-08-23T04:00:00Z Thirty-year yields rose nearly 11 bps to their highest in more than a decade. Dollar gains intact as traders eye Jackson Hole 2023-08-21T04:00:00Z All 31 economists polled in the Aug. 10-15 period said Norges Bank would announce on Thursday that it will increase its policy rate by 25 bps to 4.00%. Norway seen lifting policy rate to 4.0% this week 2023-08-15T04:00:00Z The central bank raised rates by a record 950 bps last year to tame surging inflation and by 100 bps on March 3 as the country battled its worst financial crisis in decades. Sri Lanka central bank cuts statutory reserve ratio by 200 bps 2023-08-09T04:00:00Z Yields, meanwhile, are a touch higher across the U.S. curve, rising around 3-5 bps. Marketmind: Wall St set for rebound after worst week since March 2023-08-07T04:00:00Z Treasury yields dropped by much less than in Europe on Wednesday and traded with the highest yield relative to Germany's since December at 173 bps, a headwind to the euro. Investors expect ECB rate-hike pause in September after dismal PMIs 2023-08-23T04:00:00Z The Norges Bank raised rates more than expected by 50 bps to a 15-year high of 3.75% in June and a further hike is expected in August. Big central banks hike again with end in sight 2023-07-27T04:00:00Z On Wednesday, the Fed had also hiked by 25 bps and Chair Jerome Powell cheered investors when he said the central bank's staff no longer forecast a recession. Stocks slip, yen surges on speculation of Bank of Japan policy tweak 2023-07-28T04:00:00Z Britain's 10-year bond yield has jumped almost 80 bps this year while the U.S. and German equivalents have fallen. Analysis: For markets, BoE communication is bottom of the class 2023-07-17T04:00:00Z If realized, this would narrow the spread between the two-year and ten-year Treasury yields to 65 bps by end-2023, down from around 90 bps currently. U.S. Treasury yields to fall amid inflation optimism 2023-07-12T04:00:00Z Current market pricing indicates roughly another 140 bps of rate hikes from the BoE. Dollar slides ahead of US inflation data, sterling hits 15-month peak 2023-07-12T04:00:00Z Markets think there's a 50% chance of a 25 bps increase in September, and an equal chance of a hold. Big central banks hike again with end in sight 2023-07-27T04:00:00Z Germany's 10-year yield , which staged its biggest daily jump since March on Thursday, was eyeing its biggest weekly jump since last September, up around 23 bps. Analysis: Bonds back in a tailspin as 'higher for longer' narrative hits 2023-07-07T04:00:00Z But as inflation and growth both surprised on the upside, it said in May it wouldn't signal future moves and would watch the data, then delivered a big 50 bps hike in June. Analysis: For markets, BoE communication is bottom of the class 2023-07-17T04:00:00Z Treasury yield curve , seen as an indicator of economic expectations, deeply inverted at a negative 96.90 bps. Dollar steadies as US economy stays resilient; eyes on nonfarm payrolls 2023-07-07T04:00:00Z Three of the 24 respondents predicted at least one 25 bps cut this year, down from about one-third of the sample predicting that move in a May poll. New Zealand central bank to hold rates in July and for rest of 2023 2023-07-06T04:00:00Z Looking at moves since Norway kicked off the rate hiking cycle in September 2021, major central banks have hiked interest rates so far by 3,765 bps. Central bank surprises see June become bumper 2023 rate hike month 2023-07-04T04:00:00Z U.S. and British 10-year yields were also set to end the week more than 20 bps higher , . Analysis: Bonds back in a tailspin as 'higher for longer' narrative hits 2023-07-07T04:00:00Z Fakhrul added BI has room for a 50 bps rate this year. Indonesia's June inflation eases to lowest in 14 months 2023-07-03T04:00:00Z U.S. 10-year Treasuries are yielding 104 bps less than two-year peers, the most since March's banking sector mayhem and almost their deepest inversion since the 1980s . Analysis: Bond markets reckon a central bank policy error is on the cards 2023-07-03T04:00:00Z Traders have baked in a 76.9% chance the Fed will raise interest rates by 25 bps to 5.25%-5.50% range at its July meeting, according to CME Group's Fedwatch tool. Futures edge higher ahead of economic data 2023-06-27T04:00:00Z This was the second biggest rate hike in recent times since Russia was forced to deliver an emergency 1,050 bps rate hike following its invasion of Ukraine. Central bank surprises see June become bumper 2023 rate hike month 2023-07-04T04:00:00Z It was at minus 88 bps, having flattened to minus 109.5 bps earlier this week in the biggest inversion since 1981. Analysis: Bonds back in a tailspin as 'higher for longer' narrative hits 2023-07-07T04:00:00Z It had maintained the same level since October when it paused a series of hikes that added up to 1,075 bps since July 2021. Factbox: Recent policy decisions from Latin America's central banks 2023-06-26T04:00:00Z Major central banks fighting a surge in inflation have collectively raised borrowing costs by over 3,750 bps since September 2021. Analysis: Bond markets reckon a central bank policy error is on the cards 2023-07-03T04:00:00Z Federal Reserve has lifted its rates 500 basis points from near zero, the European Central Bank has hiked the euro zone's by 375 bps and many developing world economies have done far more. BIS warns world economy at critical juncture in inflation fight 2023-06-25T04:00:00Z Meanwhile, China's central bank eased interest rates by 10 bps. Central bank surprises see June become bumper 2023 rate hike month 2023-07-04T04:00:00Z Money markets are now pricing in a 74% chance that the Fed will raise rates by 25 bps at its policy meeting next month. Dollar rises as hawkish central banks dent risk sentiment, sterling slips 2023-06-23T04:00:00Z The Norges Bank raised rates more than expected by 50 bps to a 15-year high of 3.75% on Thursday and aimed for further hikes. Big central banks are still hiking rates but eye the end 2023-06-22T04:00:00Z The 10-year yield on UK Gilts has surged 75 bps to 4.43% this year, while yields on U.S. and German equivalents hardly moved. Analysis: Bond markets reckon a central bank policy error is on the cards 2023-07-03T04:00:00Z Although the 2- to 10-year yield spread was expected to remain inverted, it was forecast to narrow about 50 basis points from nearly 100 bps now, the poll showed. Bond market divergence from Fed entrenched in U.S. yield forecasts 2023-06-21T04:00:00Z The total rate hike tally for the year across emerging markets is 1,375 bps through 22 hikes - less than a fifth of the 7,425 bps of tightening delivered in 2022. Central bank surprises see June become bumper 2023 rate hike month 2023-07-04T04:00:00Z The Swiss National Bank and Norway's central bank likewise signalled that more tightening was likely to come after they had raised rates by 25 bps and 50 bps, respectively, on Thursday. Dollar rises as hawkish central banks dent risk sentiment, sterling slips 2023-06-23T04:00:00Z It had hiked by 25 bps at its previous two meetings, but came under pressure to do more as core inflation jumped unexpectedly to a record 6.7% in May. Big central banks are still hiking rates but eye the end 2023-06-22T04:00:00Z That could give succour to market bets that the Bank of England is more likely to hike by 25 basis points than by 50 bps at Thursday's meeting. Morning Bid: Nevermind the cricket, here's inflation 2023-06-21T04:00:00Z "The cuts today have matched the 10 bps cut delivered by the People's Bank of China last week but the market was looking for a larger reduction." German shares lead losses in Europe as Lanxess plunges 2023-06-20T04:00:00Z The total amount of cuts is 60 bps across two moves. Central bank surprises see June become bumper 2023 rate hike month 2023-07-04T04:00:00Z Most poll participants expect the one-year loan prime rate to be cut by 10 basis points to 3.55%, and half said they forecast a deeper cut of at least 15 bps to the five-year LPR. Morning Bid: China to cut rates, but by how much? 2023-06-19T04:00:00Z The Swiss National Bank raised its policy interest rate by 25 bps to 1.75% on Thursday as the central bank pressed ahead to dampen stubborn inflation and left the door open for more tightening. Big central banks are still hiking rates but eye the end 2023-06-22T04:00:00Z Others projected the cut to range from five to 15 bps. China seen cutting key lending benchmarks as economy slows 2023-06-19T04:00:00Z Eight economists surveyed between June 12 and 16 unanimously forecast another 100 bps cut in the one-day rate to 16% when the bank holds its monthly policy meeting on Tuesday. Hungary cenbank to cut one-day depo rate by another 100 bps next week - Reuters poll 2023-06-16T04:00:00Z BofA now expects two 25 bps interest rate hikes from the Fed this year, JPMorgan sees only one more and Morgan Stanley sees none. Analysis: Central banks push markets to rip up rate-cut playbook 2023-06-15T04:00:00Z Money markets are currently pricing in a nearly 72% chance of a 25 bps rate hike in July, and the first rate cut in March next year. Factbox: Wall Street banks expect Fed to hike rates in July 2023-06-15T04:00:00Z "After having done 500 bps in a year ... another 25 or 50 won’t be the key determinant for the economy," he said. Analysis: Investors on guard for market stress as Fed signals more hikes ahead 2023-06-15T04:00:00Z It's a given the ECB will deliver its eighth straight rate hike of 25 bps, and confirm that the pace of quantitative tightening will pick up. Morning Bid: The ECB won't throw a curve ball 2023-06-15T04:00:00Z The lenders cut rates on two-year time deposits by 10 bps points, and three-year and five-year time deposits by 15 bps points. Several Chinese lenders cut yuan deposit rates from Monday 2023-06-12T04:00:00Z Treasury yield, which typically moves in step with interest rate expectations, was up 0.8 bps at 4.349%, having slipped around 5 bps on Thursday. Stocks surge in Asia as US averts default, Fed pause bets rise 2023-06-02T04:00:00Z At the height of the tightening cycle in September last year, eight central banks hiked rates by a cumulative 550 bps. Major central banks renew rate hike push in May 2023-06-01T04:00:00Z The central bank raised rates by a record 950 basis points last year to tame inflation and by 100 bps on March 3 this year. Sri Lanka cuts rates by 250 bps, signals rebound from crisis 2023-06-01T04:00:00Z One-year credit default swaps narrowed 15 bps points from Monday's close to 118 bps, data from S&P Global Market Intelligence showed. US markets jump on high hopes of debt ceiling lift off 2023-05-30T04:00:00Z The central bank raised rates by a record 950 basis points last year to tame inflation and by 100 bps on March 3. Sri Lanka c.bank to hold rates as inflation stays high 2023-05-30T04:00:00Z The central bank had raised rates by 25 bps at the policy meeting to the highest in more than 14 years at 5.5%. Dollar eyes third weekly gain on higher US rate expectations 2023-05-26T04:00:00Z That compares with 11 meetings in April, where two central banks delivered a total of 50 bps. Major central banks renew rate hike push in May 2023-06-01T04:00:00Z What's more, the rate cuts long priced in for the second half of the year are getting whittled away too - down to 35 basis points now from around 100 bps earlier this month. Morning Bid: Happy Friday, it's AI boom time 2023-05-25T04:00:00Z Treasury yields have jumped, reflecting market jitters, with the yield on the one-month Treasury bill last up more than 10 bps at 5.7921%. Dollar hits 6-mth high versus yen on higher-for-longer US rate expectations 2023-05-23T04:00:00Z Three analysts had expected a 100 basis-point increase and a fourth a 200 bps increase. Egypt's central bank leaves key interest rates on hold 2023-05-18T04:00:00Z Australia's central bank confounded expectations of a pause with a 25 bps hike in May. BoE weighs in with another rate hike as big central banks near peak 2023-05-11T04:00:00Z The cost of insuring U.S. debt against default for five years stood at 73 basis points, up from 72 bps on Tuesday, touching the highest level since 2009. US government credit default swaps hit all time high on debt ceiling impasse 2023-05-10T04:00:00Z "Having concluded 500 bps of rate hikes and anticipating some credit tightening from a shake-down amongst regional banks, the Fed is unlikely to tighten further on merely 'sticky' inflation, instead requiring re-acceleration of inflation." Dollar softer as US debt ceiling crisis unresolved, inflation data eyed 2023-05-10T04:00:00Z The Fed Funds target rate now stands in the 5%-5.25% range, following 500 bps of hikes since March 2022. Fed pause baked in after "dovish" hike 2023-05-04T04:00:00Z At its last meeting on March 30, the central bank raised interest rates by 200 bps, saying it aimed to check soaring inflation. Egypt's central bank leaves key interest rates on hold 2023-05-18T04:00:00Z Norway's central bank raised its main interest rate by 25 bps last Thursday to 3.25%. BoE weighs in with another rate hike as big central banks near peak 2023-05-11T04:00:00Z With the ECB also set to raise rates on Thursday - will it be 25 or 50 bps? - it's shaping up to be a rocky start across Asian markets. ASIA Fed eyes pause, market bets on pivot 2023-05-03T04:00:00Z Eleven out of 18 central banks in the Reuters sample of developing economies met to decide on rate moves, but only policy makers in Israel and Colombia hiked by a cumulative 50 bps. Global rate hike push slows to a trickle in April ahead of busy May 2023-05-03T04:00:00Z Since last March, the Fed has raised interest rates by 500 bps in one of most aggressive tightening cycles over a similar time span since the late 1970s. Bond investors fearing recession, boost safety bets ahead of FOMC 2023-05-01T04:00:00Z "The big question is, is it going to be 25 or 50 bps?," said Gareth Hill, fund manager at Royal London Asset Management. Too high for comfort: Five questions for the ECB 2023-05-01T04:00:00Z The ECB raised its deposit rate by 25 bps last Thursday to 3.25%, its seventh successive hike but the smallest since it started lifting rates last summer. BoE weighs in with another rate hike as big central banks near peak 2023-05-11T04:00:00Z But confidence in a 25 bps rate hike has wavered in recent days after problems at lender First Republic reignited concerns over the U.S. banking sector. Take Five: Rate hike vs bank stress 2023-04-28T04:00:00Z That compares to fourteen central banks in developing economies meeting in March with five hiking by a total of 150 bps. Global rate hike push slows to a trickle in April ahead of busy May 2023-05-03T04:00:00Z In terms of price action, U.S. 5-year yields dropped 67 bps since March, suggesting increased demand from investors. Bond investors fearing recession, boost safety bets ahead of FOMC 2023-05-01T04:00:00Z On March 13, U.S. and German two-year yields saw a daily fall of 50 bps - a scale not seen in decades. World's biggest bond markets left picking up the pieces after March mayhem 2023-04-28T04:00:00Z The Riksbank raised borrowing costs by 50 bps in April to 3.5% but said it was nearly finished with policy tightening, prompting a drop in the Swedish crown. BoE weighs in with another rate hike as big central banks near peak 2023-05-11T04:00:00Z The ECB will likely lift rates for a seventh straight time on May 4 and policymakers appear to be converging on a 25 bps hike rather than a larger 50-bp increase. Take Five: Rate hike vs bank stress 2023-04-28T04:00:00Z Spreads on U.S. five-year credit default swaps widened to 62 basis points, data from S&P Global Market Intelligence showed, up from a close of 59 bps on Tuesday. U.S. five-year credit default swaps hit new 2011 high 2023-04-26T04:00:00Z U.S. 10-year yields likewise showed the same pattern, dropping 47 bps. Bond investors fearing recession, boost safety bets ahead of FOMC 2023-05-01T04:00:00Z Yield shifts in government bond markets have become bigger - occasionally hitting 20 bps a day - since central banks started ramping up rate hikes last year to tame surging inflation. World's biggest bond markets left picking up the pieces after March mayhem 2023-04-28T04:00:00Z While investors had previously expected rates to peak at 4%, the Riksbank suggested only one more 25 bps hike is likely. BoE weighs in with another rate hike as big central banks near peak 2023-05-11T04:00:00Z Ten-year yields fell nearly 12 bps, their sharpest drop in more than a month. US futures bounce with earnings but bank worries weigh 2023-04-26T04:00:00Z Fed funds futures imply about an 88% chance of a hike next week, followed by some 50 bps of cuts by year end. Euro to the fore as hawkish hike looms 2023-04-25T04:00:00Z U.S. two-year yields, which reflect rate expectations, fell nearly 60 bps in March, the largest monthly fall since December 2007. Bond investors fearing recession, boost safety bets ahead of FOMC 2023-05-01T04:00:00Z The slowdown signals have also weighed on the U.S. dollar as traders bet on some 50 bps in U.S. rate cuts this year. Recession fears set stocks on course for weekly drop 2023-04-21T04:00:00Z The Swiss National Bank raised its main interest rate by 50 bps in March to 1.5%, saying UBS's emergency takeover of Credit Suisse had "put a halt" to the chance of a banking crisis. BoE weighs in with another rate hike as big central banks near peak 2023-05-11T04:00:00Z Having surged over 200 bps last year as inflation and rates rose, the U.S. 10-year Treasury yield has slipped 20 bps this year as traders position for a weaker outlook . (OFFICIAL) Credit squeeze 'biggest threat' to economic outlook, Fidelity says 2023-04-20T04:00:00Z But markets expect another 75 bps of European Central Bank rate hikes, with the deposit rate rising to a peak in the autumn. Analysis: Rates shift gives European currencies fresh legs 2023-04-19T04:00:00Z Some hawkish Fed speak also aided the higher interest rate expectations, with Fed Governor Christopher Waller and Atlanta Fed President Raphael Bostic suggesting that the Fed could hike another 25 bps next month. Dollar rebounds on higher expectations for Fed hike in May 2023-04-17T04:00:00Z Two-year Treasury yields dropped more than 8 bps and were then steady in Asia trade at 3.9662%. Tech drags Hong Kong stocks, dollar squeezed as US inflation slows 2023-04-13T04:00:00Z The Reserve Bank of New Zealand shocked markets in April by unexpectedly raising its cash rate by 50 bps to 5.25%, the highest in over 14 years. BoE weighs in with another rate hike as big central banks near peak 2023-05-11T04:00:00Z The Fed raised interest rates by 25 basis points in March and the markets are pricing in 70% chance of another 25 bps hike in May, according to CME FedWatch Tool. Dollar eases as US inflation cools 2023-04-13T04:00:00Z Treasuries narrowed 15 bps last week to around 103 bps, its tightest since April 2020 and down from over 200 bps in November . Analysis: Rates shift gives European currencies fresh legs 2023-04-19T04:00:00Z “The market is certain that there is something around 100 bps of rate cuts and the Fed has so far said ‘I don’t think so,’” said Steve Chiavarone, senior portfolio manager at Federated Hermes. Slowing US inflation shifts investor focus to earnings season 2023-04-12T04:00:00Z The Fed in March raised rates by 25 bps and signaled it was on the verge of pausing further rate hikes. Futures edge higher ahead of inflation data 2023-04-12T04:00:00Z The gap blew out to over 300 bps at the height of the 2020 COVID-19 pandemic, fuelling worries about debt sustainability and the exposure of local banks to sovereign debt. Analysis: Markets are turbulent but Italy is unusually stable 2023-04-11T04:00:00Z Treasuries, and has largely remained over 800 bps since the beginning of last year. Analysis: Debt crunch looms for weaker economies with a wall of bond maturities ahead 2023-04-10T04:00:00Z At the RBNZ's review in February, when it raised rates by 50 bps, it had signalled a 50 bp hike for April but with the outlook turning darker, economists had forecast a smaller increase. New Zealand c.bank unexpectedly hikes rates 50 bps, kiwi rallies 2023-04-05T04:00:00Z The latest futures pricing implies a better-than-even chance that the Federal Reserve has finished raising rates, and more than 60 bps in cuts this year. Stocks struggle as US jobs dry up, kiwi leaps on RBNZ surprise 2023-04-05T04:00:00Z A similar message could come from the Reserve Bank of New Zealand on Wednesday, although it is still expected to hike by 25 bps. Morning Bid: Markets get a JOLT from the blue 2023-04-04T04:00:00Z This compares with February, when 13 emerging central banks met and only four hiked by a total of 175 bps. Global central banks keep up inflation fight in March 2023-04-03T04:00:00Z March's sharp drop in two-year yields followed a 59 bps jump in February. Analysis: After extraordinary rally, bonds' fate now with bank stability and inflation 2023-03-30T04:00:00Z As the outlook darkens, traders were betting on Tuesday another Fed rate hike is a coin toss , with over 50 bps worth of rate cuts priced by year-end. Banking turmoil means recession fears are creeping back 2023-03-29T04:00:00Z In Deutsche Bank's case, CDS on its five-year debt rose above 200 bps last week from 85 bps just two weeks ago, as investors fretted about the stability of the broader European banking system. Explainer: What are credit default swaps and why are they causing trouble for Europe's banks? 2023-03-28T04:00:00Z Britain and Norway hiked rates by 25 bps each, the Swiss National Bank jacked up rates by 50 bps. Analysis: Fed pause before European peers to lift Treasuries, European stocks 2023-03-23T04:00:00Z Meeting minutes showed officials had considered a 75 bps hike. Central banks stick to rate hikes with eye on market turmoil 2023-03-23T04:00:00Z But it rose 5 bps during the quarter, another reflection of wild market swings. Analysis: After extraordinary rally, bonds' fate now with bank stability and inflation 2023-03-30T04:00:00Z U.S. two-year bond yields have dropped 80 bps in March, so yield curves are less inverted than prior to SVB's collapse. Banking turmoil means recession fears are creeping back 2023-03-29T04:00:00Z There is a now an equal split between traders' odds of the Fed pausing its rate hikes in May and of another 25 bps hike, with the likelihood of rate cuts soon after that. Futures climb as hopes of a Fed pause gain steam 2023-03-23T04:00:00Z The European Central Bank hiked rates by 50 bps a week ago. Analysis: Fed pause before European peers to lift Treasuries, European stocks 2023-03-23T04:00:00Z The Bank of England raised rates by a further 25 bps on Thursday and said it expects the surge in British inflation to cool faster than before, despite a surprise jump announced on Wednesday. Central banks stick to rate hikes with eye on market turmoil 2023-03-23T04:00:00Z Australian two-year yields dropped more than 50 bps in their biggest monthly fall since 2012 . Analysis: After extraordinary rally, bonds' fate now with bank stability and inflation 2023-03-30T04:00:00Z Two-year Treasury yields fell 22 bps on Wednesday. Dollar slips as Fed outlook shifts 2023-03-23T04:00:00Z There are still calls for the Fed to make a clear distinction between price and financial stability, and go ahead with an inflation-busting 50 bps hike. Morning Bid: Hoping Powell sheds light in fog of uncertainty 2023-03-21T04:00:00Z The Bank of England, battling double digit inflation, is expected to raise rates by another 25 bps by June. Analysis: Fed pause before European peers to lift Treasuries, European stocks 2023-03-23T04:00:00Z The Fed is tipped to raise rates by 25 basis points on Wednesday, compared with expectations of a 50 bps move earlier this month. Analysis: Market turmoil is doing central bankers' jobs for them 2023-03-21T04:00:00Z He favoured five to 10-year Treasuries, expecting a moderate recession could push yields another 100 bps lower but was underweight bonds in Europe, where inflation is stickier. Analysis: After extraordinary rally, bonds' fate now with bank stability and inflation 2023-03-30T04:00:00Z Odds were almost equally split between a pause and a 25 bps hike, as of 10:54 a.m. Global banking turbulence prompts Wall Street banks to trim hawkish Fed bets 2023-03-20T04:00:00Z The gap between the U.S. three-month forward rate agreement and the three-month overnight index swap rate, a funding stress indicator, rose to around 18 basis points in London trade from 23.7 bps on Thursday. US funding stress metric hits three-month high as crisis rattles regional banks 2023-03-20T04:00:00Z So while traders price in a swift end to Fed hikes, seeing just under a 50% chance of a 25 bps move in May, followed by rate cuts, further tightening is anticipated in Europe. Analysis: Fed pause before European peers to lift Treasuries, European stocks 2023-03-23T04:00:00Z Treasury yields fell 74 bps, their biggest weekly drop since 1987. UBS to take over Credit Suisse to stem global crisis of confidence 2023-03-19T04:00:00Z Markets now price around a 50% chance of a last, 25 bps Federal Reserve rate hike to 4.75%-5%, then cuts. Analysis: After extraordinary rally, bonds' fate now with bank stability and inflation 2023-03-30T04:00:00Z Major investment banks now expect the ECB to deliver a 25 bps hike in May. Global banking turbulence prompts Wall Street banks to trim hawkish Fed bets 2023-03-20T04:00:00Z The so-called FRA/OIS spread which is used to gauge U.S. banking sector stress jumped to 18.2 bps, from closer to 12 bps last week, its highest since Dec. 22. US funding stress metric hits three-month high as crisis rattles regional banks 2023-03-20T04:00:00Z Two-year Treasury yields have slid 92 bps this month, versus 60 bps in Germany . Analysis: Fed pause before European peers to lift Treasuries, European stocks 2023-03-23T04:00:00Z Two-year German bond yields slid 64 bps -- their biggest weekly drop since 1992. UBS to take over Credit Suisse to stem global crisis of confidence 2023-03-19T04:00:00Z Germany's two-year bond yield meanwhile has tumbled 35 bps in March, the second largest monthly drop since 2011. Analysis: After extraordinary rally, bonds' fate now with bank stability and inflation 2023-03-30T04:00:00Z The Fed has hiked rates by 450 bps since last March in its fight against inflation. Global banking turbulence prompts Wall Street banks to trim hawkish Fed bets 2023-03-20T04:00:00Z Treasury yield ended the day 20 bps higher, U.S. regional banks had their biggest rise in four months, up 3.26%, and the Nasdaq jumped 2.5% for its best day in six weeks. Morning Bid: This is what a relief rally looks like 2023-03-16T04:00:00Z Prior to the bank sector turmoil a 50 bps hike in May had been seen as the most likely outcome and rates had been expected to peak at just over 4% by year-end. Analysis: Investors stick to bets on early end to ECB hikes as uncertainty grows 2023-03-16T04:00:00Z “Whilst we had anticipated a 25 bps with hawkish guidance, the ECB’s decision to move rates higher by 50 bps demonstrates that getting inflation under control remains their primary focus.” Instant View: ECB sticks with big rate hike even as bank fears roil markets 2023-03-16T04:00:00Z The ECB, which has lifted rates from below zero to 2.5% since July, is still leaning towards a 50 bps rise on Thursday, a source close to its Governing Council told Reuters on Wednesday. Big bond investors stick to bearish bets in wild week for markets 2023-03-15T04:00:00Z Peer Citigroup sees a smaller 25 bps hike, down from a 50 bps hike forecast earlier in the month. Global banking turbulence prompts Wall Street banks to trim hawkish Fed bets 2023-03-20T04:00:00Z The market is now pricing in a roughly 80% chance of a 25 basis point increase, compared with last week when it priced in a 70% chance of a 50 bps hike. Morning Bid: Pride and prudence expected in UK budget 2023-03-15T04:00:00Z Bond yields rose on Thursday, but as traders stuck to shallower rate hike bets, two-year German yields remained over 40 bps lower this week in the biggest such drop since 1992 . Analysis: Investors stick to bets on early end to ECB hikes as uncertainty grows 2023-03-16T04:00:00Z The cost of insuring against a Credit Suisse debt default also rose to a new all-time high at 466 bps, up 49 bps from Friday's close. Credit Suisse says outflows have stabilized but not reversed 2023-03-14T04:00:00Z "It is too early for the Fed to stop hiking rates we expect them to hike by 25 bps, the same from the ECB we expect them tomorrow to hike by 50 bps." Big bond investors stick to bearish bets in wild week for markets 2023-03-15T04:00:00Z The brokerage started with a 50 bps hike and then changed to a pause following the collapse of SVB Financial. Global banking turbulence prompts Wall Street banks to trim hawkish Fed bets 2023-03-20T04:00:00Z A week ago Barclays economists raised their forecast for the Fed's March 21-22 meeting to a 50 basis point rate hike from 25 bps. Morning Bid: Markets now banking on no more Fed hikes 2023-03-13T04:00:00Z The current projection is for a 25 bps move, with some even expecting no hike at all. Factbox: FACTBOX SVB collapse may prompt Fed to go slow on rate hikes 2023-03-13T04:00:00Z “Remember just a week ago markets were looking at a 50 bps rate hike in March. So they can move by 25 bps and acknowledge that they recognize the disruptions.” Instant View: Bank stocks tank, markets rethink rate-hike path 2023-03-13T04:00:00Z Fed funds futures showed traders scaled back their projections for the Fed's next rate rise, but markets still bet on a less than 50% chance of a 25 bps rate hike next week. Euro area bond yields tumble as SVB collapse scares investors 2023-03-13T04:00:00Z Meanwhile, the European Central Bank last week pressed ahead with a 50 bps hike despite calls for a smaller cut or a pause in the face of stresses in the banking sector. Global banking turbulence prompts Wall Street banks to trim hawkish Fed bets 2023-03-20T04:00:00Z Rates futures markets show traders now reckon the Fed is done raising rates and will cut by 50 bps later this year. Morning Bid: Markets now banking on no more Fed hikes 2023-03-13T04:00:00Z Markets price another 50 bps increase in May, so ECB signalling is key. How high will you go? Five questions for the ECB 2023-03-13T04:00:00Z But for now I think that 25 bps next is a reasonable baseline.” Instant View: Bank stocks tank, markets rethink rate-hike path 2023-03-13T04:00:00Z Two-year yields were last down nearly 20 basis points and have fallen almost 70 bps since Wednesday. Analysis: As banks break, markets hear the sound of peaking rates 2023-03-13T04:00:00Z U.S. benchmark 10-year yields surged by more than 200 basis points last year and almost 40 bps in February alone on renewed rate-hike bets. Analysis: Californian tech bank sows global fear about rising cost of money 2023-03-10T05:00:00Z The implied 'terminal' rate has plunged more than 100 bps since last week to 4.35%, and the year-end implied rate has plummeted more than 150 bps to 3.90%. Morning Bid: Markets now banking on no more Fed hikes 2023-03-13T04:00:00Z Many banks expect rates to peak there, implying a further 150 bps of hikes. How high will you go? Five questions for the ECB 2023-03-13T04:00:00Z Traders' bets currently are split nearly equally between a 25 bps and a 50 bps rate hike at the Fed's March meeting, with rates seen peaking at 5.48% in July. Futures mixed as SVB extends rout, payrolls data on tap 2023-03-10T05:00:00Z Marasciulo said bond market valuations looked better than a month ago after a sell-off that has seen benchmark U.S. and German government bond yields rise around 40 bps since February started. Markets start signalling Fed may be going too far - Amundi 2023-03-09T05:00:00Z Interest rates in the country have already gone up by 350 bps since last May, when they were at an all-time low of 0.1%. Australia's 'Big Four' banks to hike home loan rates to match RBA move 2023-03-09T05:00:00Z The two-year Treasury yield's slide of around 65 bps since Thursday marks the biggest three-day fall since the Black Monday crash in 1987. Morning Bid: Markets now banking on no more Fed hikes 2023-03-13T04:00:00Z This comes after weeks of broad consensus that 25 bps hikes would be the way forward. Investors turn more bearish on Asian FX amid return of King Dollar 2023-03-09T05:00:00Z The implied peak Fed rate is now 5.65%, traders now reckon a 50 bps rate hike from the Fed later this month is twice as likely as a quarter-point increase. ASIA Jay walks the walk, markets get Powell-slammed 2023-03-07T05:00:00Z Near-term, Marasciulo said it made sense to bet against the market consensus, by favouring a 25 bps move from the Fed, through trades favouring a steepening of the U.S. yield curve. Markets start signalling Fed may be going too far - Amundi 2023-03-09T05:00:00Z "A 50 bps hike in the next meeting is possible, but it is going to be dependent on the payrolls not slowing down and CPI numbers showing that the disinflation progress we've made is stalling. " Hawkish Powell puts 50 bp Fed rate hikes back on table 2023-03-07T05:00:00Z Citi strategists expect Powell to indicate a preference for a 25 bps hike but leave all options on the table, since he will speak before the jobs data are released. Dollar subdued as traders eye Powell testimony, jobs report 2023-03-06T05:00:00Z January had seen just one interest rate hike of 25 bps by Canada across three meetings by G10 central banks. Major central banks return to inflation fight in February 2023-03-02T05:00:00Z To try to tackle soaring inflation, shore up its currency and fulfil another IMF demand, Pakistan's central bank announced on Thursday a larger-than-expected 300 bps interest rate hike. Pakistani rupee touches record low, bonds fall as IMF talks drag 2023-03-02T05:00:00Z Investors polled by Reuters had expected a rate hike of 200 bps. Pakistan central bank raises key policy rate by 300 bps to 20% 2023-03-02T05:00:00Z Money market traders see an about 80% chance of a 25-basis-point rate hike later this month, but the odds of a bigger 50 bps rate hike have grown recently. Futures rise in positive start to March 2023-03-01T05:00:00Z A large surprise on the upside could lead to a 50 bps hike from the Fed, Citi said. Dollar subdued as traders eye Powell testimony, jobs report 2023-03-06T05:00:00Z Thirteen out of 18 central banks in the Reuters sample of developing economies met to decide on rate moves, but only four hiked by a total of 175 bps -- Mexico, Israel, the Philippines and India. Major central banks return to inflation fight in February 2023-03-02T05:00:00Z The bank earlier expected the ECB to hike rates by 25 bps in May for a peak rate of 3.5% by June. Goldman Sachs expects ECB to raise rates by 50 bps in May meeting 2023-03-01T05:00:00Z In its last policy meeting in January the bank raised the rate by 100 bps to 17%. Pakistan central bank raises key policy rate by 300 bps to 20% 2023-03-02T05:00:00Z Some economists reckon the Federal Reserve may even opt for a big 50 bps rate increase in March after a 25 bps rise in February. March madness could be in store for markets after a somber February 2023-02-28T05:00:00Z In its last policy meeting in January, the bank raised the key rate by 100 bps to 17%, citing inflationary pressure. D Pakistan central bank may hike rates another 200 bps to unlock IMF funds 2023-02-28T05:00:00Z Turkey delivered a 50 bps cut in the wake of the deadly earthquake. Major central banks return to inflation fight in February 2023-03-02T05:00:00Z According to JPMorgan, the Bank of England will likely raise rates by a further 25 bps in June as more tightening may be needed to tame sticky inflation. Morning Bid: Long March ahead 2023-02-27T05:00:00Z The 25 bps hike, following similar sized moves in March and May, will take the BoE terminal rate to 4.75%, Monks said, but said the odds of a 50 bps hike in March are low. J.P.Morgan expects additional 25bps rate hike from BoE in June 2023-02-27T05:00:00Z Back to the economics and policy, and the Reserve Bank of New Zealand is expected to slow the pace of its tightening campaign on Wednesday, and deliver a 50 bps hike to 4.75%. Morning Bid: Boomtime stats 2023-02-21T05:00:00Z He said the market had already incorporated a 200 bps hike in the last treasury bill auction where the government accepted bids with yields more than 200 bps higher than the policy rate. D Pakistan central bank may hike rates another 200 bps to unlock IMF funds 2023-02-28T05:00:00Z The February move follows January that saw six out of 18 central banks delivering a total of 225 bps of hikes in January while another six met but decided to keep rates unchanged. Major central banks return to inflation fight in February 2023-03-02T05:00:00Z The 25 bps hike, following similar sized moves in March and May, will take the BoE terminal rate to 4.75%, it said. Morning Bid: Long March ahead 2023-02-27T05:00:00Z BofA had also pencilled in two rate hikes of 25 bps each earlier, which is one more than what UBS had estimated. Goldman Sachs now expects three more Fed rate hikes in 2023 2023-02-17T05:00:00Z That's the view of 20 out of 25 economists polled by Reuters, and the other five are going for a second successive 75 bps move. Morning Bid: Boomtime stats 2023-02-21T05:00:00Z A few years ago even a 5 bps point daily fluctuation on the BTP yield was considered large. Analysis: Follow the curve: Italy grapples with debt volatility 2023-02-16T05:00:00Z The data doesn't really change the expectations of a 25 basis point hike at the next meeting, followed by either a pause or another 25 bps rate hike, possibly at the meeting after that. January CPI accelerates, but trend easing 2023-02-14T05:00:00Z The government, along with the financial regulator and central bank, has since stepped in with a series of aid programmes and the yield has fallen back down by more than 100 bps in several weeks. South Korea says new FX steps will boost won's status, business for firms 2023-02-09T05:00:00Z Most of the responses for the poll had been received before Wednesday when the Reserve Bank of India's hiked its key repo rate by 25 bps and left the door open for further tightening. Bullish bets on Asian FX ease as Fed rate-hike concerns weigh - Reuters poll 2023-02-09T05:00:00Z Assuming it goes 50 bps, and not 75 bps, the focus will be on the outlook for further tightening. Morning Bid: Bar-duh 2023-02-09T05:00:00Z The bank has pencilled in another 50 bps hike for March, but what happens next remains highly uncertain. Analysis: Follow the curve: Italy grapples with debt volatility 2023-02-16T05:00:00Z Canada's central bank has raised its policy rate at a record pace of 425 bps in 10 months. Australia hikes rates, but pause from big central banks is near 2023-02-07T05:00:00Z Federal Reserve adding 25 bps and the European Central Bank and the Bank of England each hiking by 50 bps. Major central banks rekindle rate hike push after dry January 2023-02-06T05:00:00Z The cost of insuring exposure to junk debt has fallen by 86 bps, according to S&P Global Market Intelligence. Corporate financial health to worsen, says Janus Henderson 2023-02-06T05:00:00Z The U.S. investment bank previously called for a pause in the rate-hiking cycle in March after the Fed increased the policy benchmark rate by 25 bps on Wednesday. Morgan Stanley sees another 25-bps Fed hike in March after strong jobs report 2023-02-03T05:00:00Z Simkus said the May increase could be either 25 or 50 basis points but a step up to 75 bps was unlikely. ECB set to raise rates again in May, policymakers say 2023-02-03T05:00:00Z Sweden's central bank hiked its key rate by 75 bps to 2.5% in November and next meets on Feb. 8. Australia hikes rates, but pause from big central banks is near 2023-02-07T05:00:00Z Across emerging markets, six out of 18 central banks delivered a total of 225 bps of hikes in January. Major central banks rekindle rate hike push after dry January 2023-02-06T05:00:00Z Over in Europe, the European Central Bank delivered a hefty 50 bps hike on Thursday and promised more of the same for March and beyond. Analysis: Markets to central bankers: we don't believe you 2023-02-02T05:00:00Z The Fed increased interest rates by 50 basis points in December after four successive 75 bps rate hikes. Dollar pauses ahead of Fed rate decision 2023-02-01T05:00:00Z Both ASB Bank and Bank of New Zealand now expect the central bank will move only by 50 bps rather than 75 bps in February, following a similar downgrade by ANZ and Kiwibank last week. New Zealand Q4 jobless rate edges up to 3.4%, just above historic lows 2023-02-01T05:00:00Z This will likely be the smallest rate increase since the Fed kicked off its tightening cycle 10 months ago with a 25 bps hike, with financial markets pricing in a final rate hike in March. Nasdaq leads drop in futures ahead of Fed rate decision 2023-01-30T05:00:00Z The January moves compare with five central banks hiking by 260 bps in December. Major central banks rekindle rate hike push after dry January 2023-02-06T05:00:00Z Germany's 10-year bond yield slid 23 bps, its largest fall in almost a year, as its price surged . Analysis: Markets to central bankers: we don't believe you 2023-02-02T05:00:00Z The European Central Bank, appears to be eying a 50 bp hike, too, which is helping keep the euro near nine-month highs, while the Bank of England is also expected to go 50 bps. Morning Bid: Breathe in 2023-01-30T05:00:00Z The Italian 10-year yield , the benchmark for non core euro zone issuers, has fallen by 87 basis points year-to-date, outpacing a 49 bps fall for the German equivalent and 44 bps for the U.S. After a long, cold year, investors are flocking back to Europe 2023-01-24T05:00:00Z In November, the State Bank of Pakistan's Monetary Policy Committee unexpectedly pushed up its key rate by 100 bps, meaning it has now raised it by a total of 725 bps since January 2022. Pakistan cenbank raises key rate to rein in high inflation 2023-01-23T05:00:00Z The Bank of Canada, meanwhile, is expected to hike interest rates by 25 bps on Wednesday. Morning bid: Who let the hawks out? 2023-01-23T05:00:00Z The central bank lifted its main funds rate by 25 bps to its highest since 2007 as it continued its fight against inflation. Analysis: Markets to central bankers: we don't believe you 2023-02-02T05:00:00Z It responded by committing at its Dec. 15 meeting to several more rate increases, although at 50 basis points apiece rather than the 75 bps in September and October. Analysis: ECB seen struggling to keep market on side after mixed messages 2023-01-23T05:00:00Z The poll median showed the central bank would then raise borrowing costs by another 25 bps, taking it to 2.00% by end-September. Thai c.bank to raise rates 25 bps, tourism to bolster growth - Reuters poll 2023-01-23T05:00:00Z Euro investment-grade corporate bond yields are down 30 bps and the cost of insuring sub-investment grade debt exposure touched the lowest since April. European borrowers start year with record 170 bln euro debt sale spree 2023-01-17T05:00:00Z The central bank last cut banks' reserve requirement ratio by 25 bps effective from Dec. 5, its second such move last year. POLL China growth seen rebounding to 4.9% in 2023, more stimulus on the cards 2023-01-16T05:00:00Z Goldman predicts another two 25 bps increases for a peak rate of 3.50% by May, while Morgan Stanley's team reckons this will be the last hike of the cycle. If the yield cap fits... 2023-01-15T05:00:00Z Analysts said the ECB had boxed itself in when Lagarde said last month it would raise rates by 50 bps at its "next meeting, and possibly at the one after that, and possibly thereafter". Analysis: ECB seen struggling to keep market on side after mixed messages 2023-01-23T05:00:00Z The U.S. central bank raised interest rates by 50 basis points in December after four straight 75 bps hikes in 2022 but has reiterated that it will keep rates higher for longer to tame inflation. Asian shares subdued, dollar steady, focus on U.S. CPI data 2023-01-11T05:00:00Z As the UK labour market remains overheated, the U.S. bank sees another 100 bps worth of hikes by the Bank of England. Goldman Sachs no longer expects recession in euro zone in 2023 2023-01-10T05:00:00Z "December's payrolls report shows the U.S. jobs market remains too tight to allow the Fed to step down to a 25 bps rate hike next month," said Mansoor Mohi-uddin, chief economist at Bank of Singapore. Dollar tentative as investors assess rate-hike path 2023-01-09T05:00:00Z South Korea's central bank is also expected to raise interest rates by 25 bps on Thursday to 3.50%. Morning bid: Soft landings and re-openings 2023-01-08T05:00:00Z The central bank, which hiked rates at a record pace of 400 bps in nine months to 4.25% last year, has said it will be more data-dependent in setting the policy rate. Canada posts hefty job gains, raising chances of another rate hike 2023-01-06T05:00:00Z German 10-year bond yields , which serve as a benchmark for the broader euro zone, have fallen by almost 30 bps this week thanks to lower inflation data in several European markets. Morning bid: Look who's back 2023-01-06T05:00:00Z When the Fed raised interest rates by 50 bps last month, after four straight 75-bps hikes, it stressed that rates may need to remain higher for longer to tame sticky inflation. Morning Bid: New year, same ol' Fed 2023-01-04T05:00:00Z Solid numbers, including wage growth, could tilt expectations for next month's policy meeting back up to a 50 basis point hike from 25 bps. Every picture Tesla story 2023-01-03T05:00:00Z The Fed raised interest rates by 50 bps earlier in December after delivering four consecutive 75 bps hikes but has said it may need to keep higher interest rates for longer. Asian shares skid as COVID surge in China unsettles investors 2022-12-29T05:00:00Z This compares to the monthly peak of 550 bps in September, though not all central banks meet on a monthly basis. Global central banks deliver historic rate hike blast in 2022 2022-12-23T05:00:00Z In Australia, where Japan is also the largest foreign player in the bond market, 10-year yields are up about 20 bps. Analysis: Japanese insurers likely to provide tailwind to yen as BOJ shifts 2022-12-21T05:00:00Z They were last up 9 bps on the day at 3.673%. Analysis: As Bank of Japan switches gears, roaring dollar hits the skids 2022-12-20T05:00:00Z Its U.S. financial conditions index has risen some 40 bps, mainly due to higher long rates and lower equities. Every picture Tesla story 2023-01-03T05:00:00Z Bank Indonesia, meanwhile, is expected to do its version of the Fed shuffle, stepping down the pace of rate hikes to 25 bps from three consecutive 50 bps moves. Santa rally? Ho ho ho 2022-12-18T05:00:00Z Five out of 18 central banks delivered a total 260 bps of rate hikes in December, down from 400 bps in November and some way off the 800-plus bps monthly tallies in June and July. Global central banks deliver historic rate hike blast in 2022 2022-12-23T05:00:00Z It hiked rates by 50 bps on Thursday after delivering two back-to-back 75 bps moves to tame double-digit inflation. Analysis: No Santa rally for markets as central banks dampen peak rate hopes 2022-12-16T05:00:00Z Even Norges Bank, which began hiking in September last year and has raised rates by 275 basis points since then, hiked 25 bps on Thursday and said it isn't finished. Asia stocks slide toward weekly loss as central banks plough on with rate hikes 2022-12-16T05:00:00Z Powell's comments are pushing Wall Street lower on Thursday, but interest rate markets largely have dismissed them and continue to price in more than 50 bps of rate cuts next year. Column: Don't fight the Fed? Someone better remind markets: McGeever 2022-12-15T05:00:00Z Both central banks are expected to hike borrowing costs by 50 bps. Futures slide on worries over hawkish Fed 2022-12-15T05:00:00Z Emerging market central banks have raised rates 93 times this year to lift benchmarks by a total of 7,425 bps this year, nearly three times the 2,745 bps tightening in 2021, calculations show. Global central banks deliver historic rate hike blast in 2022 2022-12-23T05:00:00Z Switzerland's central bank chief Thomas Jordan also weighed in after a 50 bps hike, saying it was too early to "sound the all-clear" on inflation. Analysis: No Santa rally for markets as central banks dampen peak rate hopes 2022-12-16T05:00:00Z Treasury yield rose by 75 bps or more. Column: Liquidity risks flash private debt warning 2022-12-15T05:00:00Z Rates futures have raised the 2023 implied fed funds terminal rate by 400 bps to around 5% and the Fed has raised its 'dot plot' forecasts, in a broadly lockstep move. Column: Don't fight the Fed? Someone better remind markets: McGeever 2022-12-15T05:00:00Z The U.S. central bank on Wednesday raised interest rates by half a percentage point after delivering four consecutive 75 bps hikes, but signalled more increases in borrowing costs by the end of 2023. Morning Bid: Thank you, next 2022-12-15T05:00:00Z The Fed raised rates by 50 basis points on Wednesday, as expected, bringing the calendar year total to 425 bps. Morning bid: "Substantially more evidence" 2022-12-14T05:00:00Z While U.S. 10-year Treasury yields are still set to end the year up 200 bps, they are down 32 bps in Q4, in what is set to be their biggest quarterly drop since early 2020 . Analysis: No Santa rally for markets as central banks dampen peak rate hopes 2022-12-16T05:00:00Z Two-year yields , which track short-term interest rate expectations, fell 17.4 bps. Stocks welcome U.S. inflation relief, but wary of Fed 2022-12-14T05:00:00Z Like the Fed, all are expected to hike by 50 bps. Dollar firm in calm before CPI and central bank storm 2022-12-13T05:00:00Z "If they do hike by 50 bps ... they might follow up with some pretty hawkish comments in Lagarde's post meeting conference." Dollar rises as inflation pressures persist; FOMC meeting in focus 2022-12-12T05:00:00Z It was the first meeting in five that the Fed did not hike by 75 bps. Morning bid: "Substantially more evidence" 2022-12-14T05:00:00Z Markets anticipate a 50 basis point rate hike after two straight 75 bps increases, slowing the pace of tightening. Calling peak inflation: Five questions for the ECB 2022-12-09T05:00:00Z Futures pricing shows markets expect the Fed will slow the pace of hikes, but still raise its Funds rate target range by 50 bps to between 4.25% and 4.5% later on Thursday. Stocks welcome U.S. inflation relief, but wary of Fed 2022-12-14T05:00:00Z The Fed is widely expected to raise interest rates by 50 basis points next week after delivering four consecutive 75 bps hikes. Asia stocks edge up despite global growth worries 2022-12-08T05:00:00Z Treasuries widened to as much as 211 basis points from the 198 bps close on Tuesday, before tightening back to 200 bps. Analysis: Peru markets take in political drama as investors focus on fundamentals 2022-12-07T05:00:00Z They still expect 50 bps of easing next year. Morning bid: "Substantially more evidence" 2022-12-14T05:00:00Z November saw the biggest monthly drop in yield - 37 bps - since March 2020, and already this month it is down 28 bps. Morning Bid: Glass half empty 2022-12-07T05:00:00Z That is more than 80 bps below the two-year yield as investors reckon on high rates hurting growth. Stocks rally sputters as growth fears resurface 2022-12-07T05:00:00Z Lane did not explicitly endorse a 50 bps move over a bigger increase but repeated his case for a slowdown. ECB needs more rate hikes but inflation close to peak, chief economist says 2022-12-06T05:00:00Z Treasury yields were mostly steady from Friday's levels, even though the 2-10 year U.S. yield curve version deepened further to more than 80 bps - its most negative in 22 years. Morning Bid: China reopening as volatility ebbs 2022-12-05T05:00:00Z According to Goldman Sachs, U.S. financial conditions have eased more than 100 bps over the last two months, during which time the Fed raised rates 125 bps. Morning bid: "Substantially more evidence" 2022-12-14T05:00:00Z On Wednesday, the Reserve Bank of India is forecast to raise rates by 35 basis points, a deceleration from three consecutive 50 bps hikes. Morning bid: China Politburo smoke signals 2022-12-04T05:00:00Z Outlier Turkey, where President Tayyip Erdogan is pushing for lower interest rates, delivered another 150 bps benchmark cut to bring rates down to single digits, despite inflation running at above 80%. Global central banks extend rate hike push in November 2022-12-02T05:00:00Z And no doubt that will reinforce the market view that the Fed will likely hike rates by a less aggressive 50 bps at its December meeting. Marketmind: Why payrolls might not matter to markets 2022-12-02T05:00:00Z Goldman's FCI fell 21 bps to its lowest since Sept. 12, overwhelmingly led by the move in equities. Column: Powell wisely passes up financial conditions 'open goal': McGeever 2022-12-01T05:00:00Z Credit Suisse credit default swaps had started the year at 57 bps. Credit Suisse shares sink to new record lows, bonds tumble 2022-11-30T05:00:00Z Bluntly put, investors and traders are not heeding the message, with rates markets still pricing in around 40 bps of Fed easing next year. Morning bid: Powell point presentation 2022-11-29T05:00:00Z The ECB has hiked rates by 75 basis points at each of its last two meetings, lifting rates by 200 bps to 1.5% in just three months. Take Five: Everything to play for 2022-11-25T05:00:00Z Centeno declined to predict whether interest rates would go up by 50 or 25 bps next month, or whether more hikes would be needed next year. Centeno wants ECB to send clear message of gentler rate hikes 2022-11-23T05:00:00Z The lagged effects of this year's 425 bps of rate hikes have still to play out in the economy and the "pain" that Powell has previously warned is coming will be felt next year. Column: Powell wisely passes up financial conditions 'open goal': McGeever 2022-12-01T05:00:00Z Nearly 50 bps of Fed rate cuts in the second half of next year is priced in. Morning Bid: Stocks 'n' bonds - who to believe? 2022-11-22T05:00:00Z Initially saying rising inflation was transitory, the central bank didn't start raising interest rates until July, later than most of its major peers, but has since raised its key rates by 200 bps. ECB set to raise deposit rate 50 bps as euro zone enters recession -economists 2022-11-22T05:00:00Z Markets price in an 80% chance of another 75 bps hike in December. Take Five: Everything to play for 2022-11-25T05:00:00Z A 50-bps hike is expected in December, followed by 25 bps each in February and March. J.P.Morgan predicts a mild U.S. recession next year 2022-11-17T05:00:00Z The RBI has already raised rates by 190 bps since May, to 5.90%, as it battles to reign in inflation that has stayed above its 2%-6% tolerance band for ten straight months now. India's cenbank likely to go for smaller rate hikes as inflation eases -analysts 2022-11-15T05:00:00Z While hiking interest rates by 50 bps for the second time last month, Governor Perry Warjiyo reiterated the move was to act 'pre-emptively' to curb lofty inflation expectations and to support the rupiah. Bank Indonesia to deliver third straight 50 bps hike on Nov. 17- Reuters poll 2022-11-15T05:00:00Z That deposit rate view was held by a majority of 45 of 62 respondents, while 14 said it would add another 75 bps as it has done at its previous two meetings. ECB set to raise deposit rate 50 bps as euro zone enters recession -economists 2022-11-22T05:00:00Z There was little reaction in the currency from minutes of the Reserve Bank of Australia's latest meeting, which showed policymakers considered a 50 bps hike before opting for another 25 bps bump. Dollar rebounds as Fed officials say hikes to continue; yen slumps 2022-11-15T05:00:00Z Futures markets think not: they are currently pricing in 50 bps of easing between June and December next year. Morning Bid: Listen to Lael 2022-11-14T05:00:00Z Barclays expects inflation to ease further to 6.5% in November and also forecasts a 35 bps hike next month, before the RBI shifts to a neutral stance. India's cenbank likely to go for smaller rate hikes as inflation eases -analysts 2022-11-15T05:00:00Z Australia's central bank has already slowed the pace of its rate hikes and delivered a mere 25 bps hike on Tuesday. Take Five: No time to COP out 2022-11-04T04:00:00Z The Swiss National Bank raised its policy rate in September by another 75 bps to 0.5% from minus 0.25%, ending the negative rates experiment in Europe. Central banks stay firmly in rate hike mode but slowdown on cards 2022-11-03T04:00:00Z Stocks had initially gained after the policy announcement left open the possibility of smaller increments, with traders still split between a rise of 50 bps and 75 bps in December. Futures signal more losses on Fed's rate hike view 2022-11-03T04:00:00Z Some are tipping 50 bps, but that would risk markets concluding the BoE isn't serious about taming inflation and spooking gilts again. Morning Bid: One central bank drama after another 2022-11-03T04:00:00Z “We expect a status quo or, at best, a 25 bps rate hike in December.” India's cenbank likely to go for smaller rate hikes as inflation eases -analysts 2022-11-15T05:00:00Z By comparison, eight of the same 10 central banks raised rates by a combined total of 550 bps in September, the fastest pace of tightening in at least two decades. Central banks ease off on rate hike push in October 2022-11-02T04:00:00Z It increased its policy rate by 50 bps to 3.75%, coming up short on calls for another 75-bps move and has lifted rates by 350 bps since March, one of its fastest tightening cycles ever. Central banks stay firmly in rate hike mode but slowdown on cards 2022-11-03T04:00:00Z The Fed is widely expected to raise its benchmark overnight interest rate by 75 bps on Wednesday, its fourth such increase in a row. Dollar retreats amid better risk sentiment ahead of Fed; Aussie rallies before RBA 2022-11-01T04:00:00Z Equally, 100 bps would just fan fears of a much deeper recession and an even bigger budget black hole. Morning Bid: One central bank drama after another 2022-11-03T04:00:00Z This followed a 45 bps spike on Friday. Morning Bid: Sky HIBOR 2022-10-31T04:00:00Z Five out of 18 central banks delivered 325 bps of rate hikes in October - less than half of September's tally and well below the monthly tally of 800-plus basis points in both June and July. Central banks ease off on rate hike push in October 2022-11-02T04:00:00Z It raised its benchmark rate by 25 bps to 2.50%, having lifted it by 50 bps each at its previous three meetings. Central banks stay firmly in rate hike mode but slowdown on cards 2022-11-03T04:00:00Z ECB governing council member Klaas Knot said on Sunday that the central bank's next move in December is likely to be between 50 and 75 bps. Morning Bid: Not even half-time 2022-10-31T04:00:00Z The Bank of England looks set to raise rates by the most since 1989 on Thursday with a 75 bps increase baked into market expectations. Take Five: It's rate-hike central 2022-10-28T04:00:00Z The Bank of Canada on Wednesday raised rates by 50 basis points, less than the 75 bps markets had expected. Morning Bid: Policy peak? 2022-10-26T04:00:00Z Treasuries rallied sharply overnight, with the yield on benchmark 10-year U.S. government debt down more than 12 bps. Asian shares rise on hopes of rate hike slowdown 2022-10-26T04:00:00Z It has hiked rates by a total of 200 bps in just the space of a few months. Central banks stay firmly in rate hike mode but slowdown on cards 2022-11-03T04:00:00Z The Fed is all but set to increase rates by 75 bps on Wednesday. Morning Bid: Not even half-time 2022-10-31T04:00:00Z Inflation in the bloc is running at almost 10% and the European Central Bank just delivered its second 75 bps rate increase to control price pressures. Take Five: It's rate-hike central 2022-10-28T04:00:00Z This surprise mirrored the Reserve Bank of Australia's half point hike three weeks ago, when investors had again positioned for an additional 25 bps of tightening. Morning Bid: Policy peak? 2022-10-26T04:00:00Z Fed funds futures traders on Monday were pricing in an almost 100% probability of a 75 bps hike next week and about a 50% probability of another 75 bps increase in December. U.S. yields climb as hawkish Fed concerns outweigh weaker economic data 2022-10-24T04:00:00Z Policymakers have argued for a large rate hike, with most specifying a preference for 75 bps. No messing around with red-hot inflation: Five questions for the ECB 2022-10-24T04:00:00Z Joining the global rate-hike party late, the ECB has delivered 125 bps worth of rises in two meetings in its fastest pace of policy tightening on record. Take Five: Westminster woes, Tokyo on yen watch 2022-10-21T04:00:00Z The futures market has also priced in a 91% chance of a 75 bps rate rise in November, and a roughly 75% probability of another 75 bps increase in December. BNP sees Fed terminal rate of 5.25% in Q1, U.S. recession in Q2 2022-10-19T04:00:00Z Ten-year gilt yields are still some 46 basis points above where they stood before the Sept. 23 mini-budget, 30-year yields are around 55 bps higher and mortgage rates remain significantly more costly. Analysis: Bond vigilantes mean business, governments better beware 2022-10-17T04:00:00Z A week ago, the chance of a 75 bps December hike was seen at over 65%, according to CME Group data. U.S. yields climb as hawkish Fed concerns outweigh weaker economic data 2022-10-24T04:00:00Z While those have come down significantly, Britain's 10-year yield remain 45 basis points above levels before Sept. 23 and 30-year yields are some 55 bps higher . After U-turn, Britain's economy still paying for Truss's growth plan 2022-10-17T04:00:00Z Ten-year gilt yields were 40 bps above session lows hit earlier on Friday, also pushed up by moves in bond yields globally. Analysis: Battered UK markets need more than policy U-Turn before confidence returns 2022-10-14T04:00:00Z Still, 30-year gilt yields are up 60 bps this month, versus with a rise of 12 bps in U.S. and German peers , . UK bond market chaos sends investors fleeing into into money-market funds-Fitch 2022-10-14T04:00:00Z Now economists expect the Fed to raise rates, which currently stands at 3.125%, by at least 75 bps next month and to further raise them into next year. Morning Bid: Shaken but not stirred 2022-10-14T04:00:00Z That was despite punchy U.S. inflation data that not only strengthened market expectations for another 75 basis point rate hike from the Fed, but opened the door to a 100 bps move. Xi bangs the drums 2022-10-13T04:00:00Z The current yen swap rate meant that investors were willing to pay more than 60 bps over interbank rates to swap three-month yen into dollars. IMF warns inflation fight, geopolitical events driving up financial stability risks 2022-10-11T04:00:00Z This puts them some 80 bps above their levels before the government's mini-budget on Sept. 23 that triggered the recent turmoil. Analysis: Battered UK markets need more than policy U-Turn before confidence returns 2022-10-14T04:00:00Z Futures pricing now indicates a nearly 90% chance of a 75 basis point rate hike next month and more than 150 bps of tightening by May. Morning Bid: Jobs growth, Fed indigestion 2022-10-10T04:00:00Z Futures pricing suggests traders see a nearly 90% chance of a 75 basis point rate hike in the United States next month and more than 150 bps of tightening by May. Dollar climbs as case for U.S. rate hikes firms 2022-10-09T04:00:00Z Money markets are almost fully pricing in another 75 bp interest rate hike in October with around 125 bps of tightening by year-end, according to data from Refinitiv. Euro zone yields creep higher, ECB minutes in focus 2022-10-06T04:00:00Z The Federal Reserve lifted rates by 75 bps on Sept. 21, vaulting the dollar index to a two-decade high . Australia, New Zealand keep global rate hikes on upward swing 2022-10-05T04:00:00Z Bank Indonesia, for instance, only began hiking in August and has raised rates by a total of 75 bps. As Asia's borrowers turn homeward, local bond issuance surges 2022-10-05T04:00:00Z Hungary delivered a larger-than-expected 125 bps rise to end its tightening cycle in September while uber-hiker Brazil took a breather in September. Rate hike bonanza among major central banks hits two decade peak in September 2022-10-05T04:00:00Z The cost to insure its bonds also soared again on Monday, adding 105 basis points from Friday's close to trade at 355 bps, their highest level in at least more than two decades. Analysis: Credit Suisse’s turnaround just got a lot tougher as market reels 2022-10-04T04:00:00Z The closely watched yield gap between Italian and German 10-year yields narrowed by 2 bps to around 241 bps on Thursday. Euro zone yields creep higher, ECB minutes in focus 2022-10-06T04:00:00Z The Reserve Bank of New Zealand on Wednesday delivered its eighth straight hike - and fifth consecutive rise of 50 bps - to lift rates to 3.5%, the highest in seven years. Australia, New Zealand keep global rate hikes on upward swing 2022-10-05T04:00:00Z The Philippine central bank has increased rates by 225 bps since May and the Bank of Thailand has hiked by 25 bps twice, in August and September. As Asia's borrowers turn homeward, local bond issuance surges 2022-10-05T04:00:00Z Ten out of 18 central banks delivered 600 bps of rate hikes in September, well below the monthly tally of 800-plus basis points in both June and July. Rate hike bonanza among major central banks hits two decade peak in September 2022-10-05T04:00:00Z Federal Reserve's relentless and aggressive interest rate hikes over recent months have sent the rupee down sharply and prompted most economists to predict another 50 bps increase. India's key policy rate raised by 50 bps as widely predicted 2022-09-30T04:00:00Z Markets have 125 bps of hikes priced by November - implying a risk of an off-schedule hike. Morning Bid: A BoE Bitter Pill? 2022-09-27T04:00:00Z The Bank of England hiked interest rates by 50 bps last month and forecast a peak in inflation just below 11%, down from an earlier forecast of 13.3%. Australia, New Zealand keep global rate hikes on upward swing 2022-10-05T04:00:00Z Spillover to U.S. markets drove Wall Street deeper into a bear market, lifted benchmark 10-year Treasury yields more than 20 bps to a 12-year high of 3.933%, and has kept the greenback bid. Runaway dollar pauses for breath as bears stalk stocks 2022-09-27T04:00:00Z Since the European Central Bank's unprecedented 75 bps rate hike on Sept. 8, investors have started positioning for aggressive hikes that will slow economic growth sharply. Long outliers, even euro zone bond curves are inverting fast 2022-09-23T04:00:00Z Investors have already ramped up expectations for another 75 bps, ECB rate hike in October, so the data shouldn't change the near-term rate outlook. Take Five: Intervention watch is here 2022-09-23T04:00:00Z The ECB delivered its first 75 bps hike earlier this month. Analysis: Race to rein in strong dollar is on after Japan intervenes 2022-09-22T04:00:00Z The new UK government's announcement last month of more tax cuts funded through borrowing has lifted those expectations even further -- markets are pricing in a hefty 100 bps hike in November. Australia, New Zealand keep global rate hikes on upward swing 2022-10-05T04:00:00Z The Federal Reserve lifted rates by 75 bps on Wednesday, vaulting the dollar index to a two-decade high . Central banks unleash 350 basis points more of rate hikes in inflation fight 2022-09-22T04:00:00Z The Federal Reserve has delivered three subsequent 75 bps rate hikes. Long outliers, even euro zone bond curves are inverting fast 2022-09-23T04:00:00Z The Swiss National Bank earlier on Thursday also hiked rates by 75 bps. Bank of England hikes rates by 50 bps 2022-09-22T04:00:00Z Goldman said the Fed's dot plot also showed a median projection of 175 bps of total rate cuts in 2024 and 2025, but that they "would not put much weight on this". Goldman, Barclays, SG raise Fed rate projections 2022-09-22T04:00:00Z Norway, the first big developed economy to kick off a rate-hiking cycle last year, on Sept. 22 raised its benchmark rate by 50 bps to 2.25%. Australia, New Zealand keep global rate hikes on upward swing 2022-10-05T04:00:00Z Money markets bet the Bank of Canada will raise its policy rate by 50 bps in October to 3.75%. Central banks unleash 350 basis points more of rate hikes in inflation fight 2022-09-22T04:00:00Z Singapore's curve , which follows the U.S. closely, is inverted by -14 bps, deeper than a 2006 inversion that preceded a recession. Long outliers, even euro zone bond curves are inverting fast 2022-09-23T04:00:00Z At 300 bps, the "carry" on dollars funded by yen approaches levels last seen in the 2005-2007 bout of frenzied overseas investment by Japanese retail traders, and before that in 1996-1998. Analysis: A quadrillion reasons the Bank of Japan should fret about Fed 2022-09-21T04:00:00Z Analysts at Barclays Research revised their call for the funds rate to a 75 bps hike in November from 50 previously, and another 50 bps increase in December versus a prior forecast of 25 bps. Goldman, Barclays, SG raise Fed rate projections 2022-09-22T04:00:00Z The Reserve Bank of Australia delivered a smaller-than-anticipated 25 bps rate rise on Wednesday, saying it had raised rates substantially but further tightening would be necessary. Australia, New Zealand keep global rate hikes on upward swing 2022-10-05T04:00:00Z That implies at least one more 50 bps rate hike at upcoming meetings. Central banks unleash 350 basis points more of rate hikes in inflation fight 2022-09-22T04:00:00Z The seven bps inversion of South Korea's curve is also comparable with financial-crisis levels. Long outliers, even euro zone bond curves are inverting fast 2022-09-23T04:00:00Z The Fed is widely expected to raise rates another 75 bps on Wednesday, with an outside chance of 100 bps. Morning Bid: Rates, rates, rates 2022-09-18T04:00:00Z Since the beginning of August, real yields have gone up by about 100 bps. Forecast for Fed terminal rate hits new high, shaking stocks and bonds 2022-09-16T04:00:00Z The question now is whether it will be a 75 or 100 bps rate hike. It's terminal 2022-09-14T04:00:00Z Money markets now price in around 70 bps of hikes in both October and December. Central banks unleash 350 basis points more of rate hikes in inflation fight 2022-09-22T04:00:00Z Treasury yield scaled a new 15-year high of 3.8040% on Friday, as the curve gap with the benchmark ten-year yields hovering around 34 basis points, compared with 16 bps a week ago. Asian shares extend global selloff amid bets on more aggressive Fed 2022-09-14T04:00:00Z Around 50 bps of rate cuts are now priced into the 2023 curve. Goodbye 50, hello ... 100? 2022-09-13T04:00:00Z Only two forecast a 100 bps cut, and just one predicted a shallower cut to 7.75%. Russia seen cutting benchmark interest rate by 50 bps to 7.5% - Reuters poll 2022-09-12T04:00:00Z Money markets were on Friday fully pricing in a 50 bps rate hike in October and implied a roughly 25% chance of a more aggressive 75 bps move. Deutsche Bank, Credit Suisse expect another 75 bps ECB rate hike in Oct 2022-09-09T04:00:00Z The Bank of England hiked interest rates by 50 bps on Thursday, less than the 75 bps some in the market had expected. Central banks unleash 350 basis points more of rate hikes in inflation fight 2022-09-22T04:00:00Z “The Governing Council unanimously decided to raise the three key ECB rates by 75 bps. We had different views around the table, a thorough discussion but the outcome of our discussions was a unanimous decision.” Lagarde comments at ECB press conference 2022-09-08T04:00:00Z The debate now is whether the Fed pushes back against the growing expectations for 100 bps. Goodbye 50, hello ... 100? 2022-09-13T04:00:00Z The Bank of England is expected to hike again by as much as 75 bps when it meets next week. Major central banks put inflation fight first as growth slows 2022-09-08T04:00:00Z The two-year yield, sensitive to interest rate expectations, was up 2 bps to 1.10%, similar to before the decision. Euro, bonds steady as ECB delivers unprecedented 75 bps rate hike 2022-09-08T04:00:00Z The Reserve Bank of Australia hiked by another 50 bps earlier in September, for a fifth month running. Central banks unleash 350 basis points more of rate hikes in inflation fight 2022-09-22T04:00:00Z Fed funds futures imply about a 77% chance of a 75 bps hike at the September policy meeting and a peak in the benchmark rate of around 4% in early 2023. Goldman Sachs steepens U.S. rates outlook 2022-09-08T04:00:00Z Market pricing implies a 70% chance of a 75 bp hike, which also implies that a mere 50 bps would be a disappointment likely to weigh on a euro buckling under recession risks. Morning Bid: King Dollar 2022-09-07T04:00:00Z The Reserve Bank of Australia hiked by another 50 bps on Tuesday, for a fifth month running. Major central banks put inflation fight first as growth slows 2022-09-08T04:00:00Z Money markets moved to price in another 49 bps of rate hikes at the ECB's October meeting, compared to around 50 bps before the decision. Euro, bonds steady as ECB delivers unprecedented 75 bps rate hike 2022-09-08T04:00:00Z The European Central Bank is seen likely to deliver a 75 bps rate hike on Thursday, but traders seem more focused on Russia's decision to keep the key Nord Stream 1 gas pipeline shut indefinitely. Dollar hits fresh peak against yen on bets for aggressive Fed 2022-09-07T04:00:00Z They had previously forecast a 50 bps hike in September. Goldman Sachs steepens U.S. rates outlook 2022-09-08T04:00:00Z Money markets are now pricing in a 67% chance of a 75 bps rate hike, down from almost 90% earlier on Tuesday. Euro zone bond yields fall as big rate hike bets fall sharply 2022-09-06T04:00:00Z Markets are fully pricing in a 75 bps move at the Sept. 20 meeting. Major central banks put inflation fight first as growth slows 2022-09-08T04:00:00Z Yet altogether, major emerging market economies have delivered 5,740 bps in rate increases since the start of the year compared to 1,300 bps from developed peers. Global central banks ease off hiking cycle in August 2022-09-02T04:00:00Z Investors this week sharply raised their bets on a large 75 bps rate hike from the ECB at its meeting next Thursday following hawkish commentary from policymakers and another record high inflation print in August. European shares nudge higher after rollercoaster week 2022-09-02T04:00:00Z The analysts also raised their November forecast from 25 bps to 50 bps and see the Fed Funds rate window at 3.75-4% by year's end. Goldman Sachs steepens U.S. rates outlook 2022-09-08T04:00:00Z Markets also anticipate a further hike worth at least 50 bps at the ECB's October meeting as investors position for front-loaded rate increases before the economic outlook deteriorates further due to the energy shock. Euro zone bond yields fall as big rate hike bets fall sharply 2022-09-06T04:00:00Z He expects a total of 75 bps rate hike by BI in the remainder of 2022. Indonesia inflation eases in Aug, but pressure seen from fuel price hike 2022-09-01T04:00:00Z China cemented its outlier status by trimming its rates while Turkey shocked markets by cutting rates 100 bps to 13% despite inflation topping 80%. Global central banks ease off hiking cycle in August 2022-09-02T04:00:00Z By comparison, bets for a 75 bps increase by the Fed on Sept. 21, while higher at 70%, have receded from as much as 75% on Monday. Dollar sags below 20-year peak as euro lifted by ECB bets 2022-08-30T04:00:00Z The scale of the two-year U.S. bond yield rise is truly remarkable - a year ago it was as low as 16 basis points, today it nudged 350 bps. Two-year U.S. bond yield dam bursts 2022-08-29T04:00:00Z Markets now price in two-thirds risk the ECB could hike rates by 75 bps at its September meeting, up from 24% last week. European shares fall sharply as policymakers seek to tame hot inflation 2022-08-29T04:00:00Z Atlanta Fed President Raphael Bostic said he has not decided if the central bank should increase interest rates by 50 bps or 75 bps in September, the Wall Street Journal reported. Futures rise as investors await data, Jackson Hole 2022-08-25T04:00:00Z Indeed, as the growth outlook turns, many developed central banks are expected to frontload rates with market bets on a more aggressive 75 bps ECB September rate hike ramped up this week. Global central banks ease off hiking cycle in August 2022-09-02T04:00:00Z The biggest single component, 10.2 bps, was down to the dollar, the bank said. Column: Dollar's historic surge may be music to Fed's ears 2022-08-24T04:00:00Z Eurodollar futures have priced in at least one rate cut between March and December 2023 , with the spread between the two contracts at roughly -44 bps on Monday. Investors see no Fed pivot, brace for hawkish Powell message in Jackson Hole 2022-08-24T04:00:00Z Yields on the two-year Treasury note were up around 5 bps to 3.3140% as investors remained on inflation and Fed watch mode. Dollar steady, euro wallows at two-decade low on energy, growth woes 2022-08-23T04:00:00Z All 30 participants expected a cut to the five-year tenor , with 27, or 90% of them, forecasting a reduction larger than 10 bps. China set to lower lending benchmarks Monday to revive wobbly economy 2022-08-21T04:00:00Z But traders have trimmed the amount of rate cuts they expect between March and December next year to 40 basis points from 60 bps. Morning Bid: China to ease again, Jackson Hole looms into view 2022-08-21T04:00:00Z This reversed around a third of the FCI's easing of financial conditions since June from rebounding equity and credit markets, even as the Fed powered ahead with two 75 bps rate hikes. Column: Dollar's historic surge may be music to Fed's ears 2022-08-24T04:00:00Z The U.S. central bank has raised its benchmark overnight interest rate by 225 bps since March to fight four decade-high inflation. Futures fall as Fed rate hike worries sap risk sentiment 2022-08-19T04:00:00Z All 30 participants expected a cut to the five-year tenor, with 27, or 90% of them, forecasting a reduction larger than 10 bps. China set to lower lending benchmarks to revive wobbly economy 2022-08-19T04:00:00Z Following the inflation print markets reduced their bets on a third 75 bps move in September, now seeing a 40% chance. Norway and New Zealand deliver latest big rate hikes 2022-08-18T04:00:00Z The Fed has lifted its benchmark interest rate by 225 bps so far this year to control four-decades high inflation, resulting in a sharp selloff in equity markets as investors adjust to tightening financial conditions. Futures tick higher ahead of weekly jobless claims data 2022-08-18T04:00:00Z The most immediate issue for markets is whether the Fed raises rates next month by 75 basis points for a third straight meeting, or by 50 bps. Investors eye Aussie jobs data, digest Fed minutes 2022-08-17T04:00:00Z It has narrowed to 425 basis points, but is still up 120 bps since the beginning of the year. Analysis-U.S., European banks could lose over $5 billion from risky buyout loans 2022-08-17T04:00:00Z Among them, 15 traders and analysts predicted a 15 bps cut, 10 forecast a 20 bps cut, and the remaining two tipped a 25 bps reduction. China set to lower lending benchmarks to revive wobbly economy 2022-08-19T04:00:00Z It now sees rates at 4% by early next year, compared to its previous projection of 3.7%, implying at least one more 50 bps rate hike at upcoming meetings. Norway and New Zealand deliver latest big rate hikes 2022-08-18T04:00:00Z Investors now see a 41% chance of a third successive 75 bps rate hike at the Fed's next meeting in September, up from 39% the previous day. Asian stocks solid and kiwi jumps on RBNZ rate hike 2022-08-17T04:00:00Z Money markets now expect Fed hikes to stop at around 3.6% next March, compared with the 4%-plus expected before the June hike, followed by some 50 bps of cuts by the end of 2023. Analysis: Loosening financial conditions threaten central bank inflation fight 2022-08-16T04:00:00Z It also injected 2 billion yuan through seven-day reverse repos while cutting the borrowing cost by the same margin of 10 bps to 2.0% from 2.1%, according to an online statement. Aussie, kiwi fall as China's recovery falters; yuan eases on surprise PBOC rate cut 2022-08-15T04:00:00Z The central bank also injected 2 billion yuan through seven-day reverse repos while cutting the borrowing cost by the same margin of 10 bps to 2.0% from 2.1%, according to an online statement. China unexpectedly cuts 2 key rates, withdraws cash from banking system 2022-08-15T04:00:00Z The Reserve Bank of Australia this month raised rates by 50 bps, tightening policy for a fourth month running. Norway and New Zealand deliver latest big rate hikes 2022-08-18T04:00:00Z Odds of a 75 bps hike in September were as high as 68% earlier in the week, but are now around 34%, where they were a week ago. Asian stocks fall on nagging Fed rate hike worries 2022-08-12T04:00:00Z Goldman estimates a 100 bps tightening in its FCI will crimp economic growth by one percentage point in the coming year. Analysis: Loosening financial conditions threaten central bank inflation fight 2022-08-16T04:00:00Z "The inflation is broad-based and seems to be stronger than Norges Bank anticipated," DNB Markets wrote, adding that it now expects increases of 50 bps in both August and September. Norwegian inflation raises expectations of faster rate hikes 2022-08-10T04:00:00Z U.S. rate futures have priced in a 69% chance of a 75 bps hike at its September meeting, up from about 41% before the payrolls data. Wall St Week Ahead: Inflation data may seal fate of unloved U.S. stock rally 2022-08-05T04:00:00Z The RBA has now delivered 175 bps of hikes since May, taking its key rate to 1.85%, in the most drastic tightening since the early 1990s. Norway and New Zealand deliver latest big rate hikes 2022-08-18T04:00:00Z The RBI caught markets off guard with a 40 bps hike at an unscheduled meeting in May, followed by 50 bps increase in June, but prices have shown little sign of cooling so far. India central bank raises key rate for third time to tame inflation 2022-08-05T04:00:00Z The Federal Reserve last week delivered its second straight 75 bps rate rise. Graphic: Britain lifts rates by most since 1995, latest to deliver aggressive hikes 2022-08-04T04:00:00Z Nine out of 18 central banks delivered 850 bps of rate hikes in July. Global cenbanks lift rates by nearly 1,200 bps in July 2022-08-03T04:00:00Z Commenting on Wednesday's 75 bps interest rate increase from the U.S. BlackRock's Li says market too optimistic on European earnings 2022-07-28T04:00:00Z The ECB last month hiked its deposit rate by 50 bps -- more than it initially guided -- in its first rate rise since 2011 to fight soaring inflation. Norway and New Zealand deliver latest big rate hikes 2022-08-18T04:00:00Z But markets chose to go with the former view, cutting rate-hike pricing by year-end to less than 100 bps and allowing the rate-sensitive Nasdaq equity index to end Wednesday 4% higher. Marketmind: Look on the bright side 2022-07-28T04:00:00Z Markets price in a roughly 48% chance of a third 75 bps move in September. Graphic: Britain lifts rates by most since 1995, latest to deliver aggressive hikes 2022-08-04T04:00:00Z Colombia and Chile piled in with a 150 bps and 75 bps hike respectively, though emerging market uber-hawk Brazil, which has lifted rates to 13.25 bps already in June, took a breather. Global cenbanks lift rates by nearly 1,200 bps in July 2022-08-03T04:00:00Z It has raised its key rate three months in a row to 1.35% and markets are leaning towards a 75 bps rate move next week. U.S. Federal Reserve delivers second super-sized rate hike 2022-07-27T04:00:00Z "We expect the ECB to deliver another 50 basis points of hikes by year-end," compared to 75 bps expected previously JPMorgan added. JP Morgan forecasts euro zone recession as gas crisis looms 2022-07-27T04:00:00Z Ten-year Treasury yields are up six bps while Wall Street equity futures are in the red. Marketmind: Look on the bright side 2022-07-28T04:00:00Z The Reserve Bank of Australia on Tuesday raised rates by 50 bps, tightening policy for a fourth month running. Graphic: Britain lifts rates by most since 1995, latest to deliver aggressive hikes 2022-08-04T04:00:00Z Although consumer spending and businesses are struggling, the Bank of England is widely expected to raise interest rates by 50 bps at a policy meeting on Aug. 4. Pound struggles around $1.20 on economy worries 2022-07-25T04:00:00Z The European Central Bank on Thursday hiked its deposit rate by 50 bps -- more than expected -- in its first rate rise since 2011 to fight soaring inflation. U.S. Federal Reserve delivers second super-sized rate hike 2022-07-27T04:00:00Z As well as peaking a month earlier than previously anticipated, markets bet the Federal Funds target rate will be roughly 20 bps lower at 3.38% compared to 3.59% at the beginning of last week. U.S. interest rates peak seen in six months - futures 2022-07-25T04:00:00Z Markets are hedging bets on a hike of either 25 basis points or 50 bps, with the latter perhaps able to support a euro that has slipped below $1 this month. Stocks bounce runs out of gas ahead of ECB 2022-07-21T04:00:00Z The European Central Bank last month hiked its deposit rate by 50 bps -- more than expected -- in its first rate rise since 2011 to fight soaring inflation. Graphic: Britain lifts rates by most since 1995, latest to deliver aggressive hikes 2022-08-04T04:00:00Z A bigger 50 bps move is not ruled out, especially given euro weakness, but some analysts say it is unlikely given growth worries. The hike is (almost) here! Now for what comes next: Five questions for the ECB 2022-07-18T04:00:00Z The Federal Reserve meets later in July and is expected to lift the benchmark U.S. interest rate by 75 bps. Dollar lurks below highs as euro gasps for gas 2022-07-18T04:00:00Z Investors widely expect the Fed to raise interest rates by another 75 bps when it concludes a two-day policy meeting on Wednesday. U.S. interest rates peak seen in six months - futures 2022-07-25T04:00:00Z Bond spreads are just over 1,000 bps but Nigeria’s next $500 million bond payment in a year’s time should easily be covered by reserves which have been steadily improving since June. The big default? The dozen countries in the danger zone 2022-07-15T04:00:00Z The probability of a 75 bps and a 100 bps rate hike at the Fed policy meeting scheduled for July 26-27 are now on an even keel, according to the CME group's Fedwatch tool. Futures crawl higher, Wells Fargo down after results 2022-07-15T04:00:00Z "More than 25 bps would, in the current situation, be seen by markets as a very hawkish signal," said Martin Wolburg, senior economist at Generali Investments. The hike is (almost) here! Now for what comes next: Five questions for the ECB 2022-07-18T04:00:00Z The Federal Reserve hiked rates by 75 bps in June. Explainer: Why the euro's fall below parity versus dollar matters 2022-07-13T04:00:00Z After New Zealand's sixth straight interest rate rise, we may see a 75 bps move in Canada later on Wednesday. Morning Bid: We are not there yet 2022-07-13T04:00:00Z In the United States, June inflation data is expected to come in hot on Wednesday, cementing bets on another 75 bps interest rate hike later this month. European shares rise on aero, luxury stocks boost 2022-07-12T04:00:00Z The Fed has raised rates by 150 bps so far this year. Inflation fatigue? Bond investors latch on to disinflation 2022-07-11T04:00:00Z On July 21, the European Central Bank will deliver its first rate hike since 2011 and the Fed is widely expected to go with another 75 bps at its July 26-27 meeting. After H1 rate hike spree, the only way is still up 2022-07-05T04:00:00Z Minutes of the Fed's June policy meeting on Wednesday are almost certain to sound hawkish given the committee chose to hike rates by a super-sized 75 bps. Dollar holds firm as growth fears stalk markets 2022-07-04T04:00:00Z With April inflation at 6.8%, Governor Tiff Macklem has not ruled out a 75 bps or larger increase and says rates could go above the 2%-3% neutral range for a period. Nordic central banks join the 50 bps rate hike club 2022-07-01T04:00:00Z So far so good -- Italian ten-year borrowing costs have fallen 100 bps since mid-June, brought down by hopes such a plan would be deployed. Morning Bid: End of H1 but expect no relief 2022-07-01T04:00:00Z At current spreads around 500 bps, the index "is about 70% on our way to pricing in a certainty of a recessionary outcome", BofA analysts wrote. Reading the market tea-leaves for global recession risks 2022-06-24T04:00:00Z Already in July, the Reserve Bank of Australia has delivered a 50 bps rate increase. After H1 rate hike spree, the only way is still up 2022-07-05T04:00:00Z And price pressures will force the Federal Reserve to opt for another 75 bps rate hike in July, then 50 bps in September, a Reuters poll predicts read more . Morning Bid: Inflation psychology 2022-06-22T04:00:00Z Deputy BoC governor Paul Beaudry has warned of "galloping" inflation and markets price an unprecedented third consecutive 50 bps increase in July. Nordic central banks join the 50 bps rate hike club 2022-07-01T04:00:00Z Its yield premium over Germany stands just above 200 bps, well off a perceived 250 bps danger line. Morning Bid: End of H1 but expect no relief 2022-07-01T04:00:00Z Spreads on bonds rated triple-C and lower - facing the highest default risk - have risen above 1,000 bps, a significant sign of stress. Reading the market tea-leaves for global recession risks 2022-06-24T04:00:00Z The euro has softened slightly and the premium investors demand to hold French 10-year government bonds over top-rated Germany widened to 57 basis points from 52 bps on Friday . Morning Bid: Not quite "Together" 2022-06-20T04:00:00Z But markets want to see action soon on that, especially after Lane said a 25 bps ECB hike was set in stone for July. Morning Bid: Inflation psychology 2022-06-22T04:00:00Z Norway, the first big developed economy to kick off a rate-hiking cycle last year, raised rates by 50 bps on June 23 to 1.25%, its largest single hike since 2002 read more . Nordic central banks join the 50 bps rate hike club 2022-07-01T04:00:00Z Yields also rose as money markets ramped up bets on European Central Bank rate hikes to price in around 190 bps of rises by December, compared to 140 bps a day earlier. Swiss move triggers biggest jump in German bond yields in a decade 2022-06-16T04:00:00Z Traders have taken that as a cue to price even more aggressive tightening -- money markets are betting on a 100 bps move at the SNB's Sept. 22 meeting. Swiss franc in biggest daily jump since 2015 after rate hike 2022-06-16T04:00:00Z It lifted rates by 50 bps in May, but at the June policy meeting on Wednesday lifted rates by a hefty 75 bps to stem a disruptive surge in inflation. China's holdings of U.S. Treasuries skid to 12-year low; Japan also cuts holdings 2022-06-15T04:00:00Z The fear of recession down the road is weighing on markets, reflected in falling bond yields, 10-year German and U.S. borrowing costs are down 7 bps. Morning Bid: Inflation psychology 2022-06-22T04:00:00Z That has opened the door to bets on more rate hikes; a 100 bps move is now priced for September. Nordic central banks join the 50 bps rate hike club 2022-07-01T04:00:00Z Goldman's rule of thumb is that a persistent 100 bps FCI tightening slows GDP by about one percentage point after a year, in turn slowing inflation by roughly 0.1 percentage point. Analysis: For central bankers, tighter financial conditions may be an ally 2022-06-15T04:00:00Z The hike was the first increase by the SNB since September 2007 and follows Wednesday's aggressive 75 bps rate increase from the U.S. Swiss franc in biggest daily jump since 2015 after rate hike 2022-06-16T04:00:00Z Note, however, that on March 18, when the COVID-19 outbreak sent Italian/German bond spreads briefly above 300 bps, the Bank of Italy stepped up bond purchases on behalf of the ECB. How will the ECB contain fragmentation risk in euro area bond markets? 2022-06-14T04:00:00Z Consequently, expectations of a 50 bps rate hike on Wednesday have melted to less than 4% from a sure fire bet a week earlier. Markets grow unanimous on aggressive Fed move on Wednesday 2022-06-14T04:00:00Z Money markets price in another 50 bps rise in July. Nordic central banks join the 50 bps rate hike club 2022-07-01T04:00:00Z Equivalent yields in Australia are 150 bps higher and in Britain they are up around 75 bps since April. Analysis: For central bankers, tighter financial conditions may be an ally 2022-06-15T04:00:00Z On bond markets, yields on 10-year Swiss bonds rose 18 basis points at 1.51% while two-year borrowing costs were up more than 22 bps . Swiss franc in biggest daily jump since 2015 after rate hike 2022-06-16T04:00:00Z Futures show expectations of nearly 200 bps of tightening by September and the two-year Treasury yield is up about 60 basis points since Thursday's close to 3.3982% as traders brace for sharp hikes. Dollar towers as traders brace for hawkish Fed 2022-06-14T04:00:00Z Barclays analysts said in fact they now expected a 75 bps move from the Fed on Wednesday rather than the 50 bps which has been baked in. Huge selloff rocks Treasury markets, yield curve inverts 2022-06-13T04:00:00Z With the economy recovering smartly and inflation at a 20-year high of 5.1%, the Reserve Bank of Australia raised rates by a surprise 50 bps on June 6. Central banks double down in fight against 'galloping' inflation 2022-06-09T04:00:00Z Money markets have now priced in 75 basis points of hikes from the ECB by October, from earlier expectations of 25 bps hikes at each meeting, as euro zone inflation hit record highs. European shares fall ahead of ECB decision 2022-06-09T04:00:00Z Many central banks are raising rates in 50 bps instalments. Swiss franc in biggest daily jump since 2015 after rate hike 2022-06-16T04:00:00Z |
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