Bonds/Interest Rates

The world’s economies are toppling like dominoes as each responds to its own immediate problems.

The Dow was down 800 points at its lows last night, driven by a rout in Europe, before rebounding in the last hour to be down 370 at the close. (Locked for subscribers until 10:00 AEDT)

The Dow fell 150 points on Friday having been up 300 points when the bill was passed.

TD Securities has released its inflation gauge for September.

The Dow fell 348 points last night on anxiety over whether the bill will be passed but more specifically on very poor economic data.

TD Securities argues that a string of large RBA interest rate cuts ahead is not to be expected.

Danske Bank provides the bad news on the Japanese economy.

Wall Street took a breather last night as it awaits a modified bill to pass through the Senate and go back to the House.

Could a rescue of Wall Street come down to simple accounting?

Personal credit growth is at its weakest since the 1990s recession and housing credit growth its lowest since 1983, strengthening the case for another rate cut.