Bonds/Interest Rates

US government officials are in China trying to find investors for troubled US mortgage securities.

UBS addresses a growing belief that global food prices are set to make a significant secular shift that will have significant ramifications for global inflation.

The Dow has posted one of its most extraordinary sessions ever rising 284 points largely on the back of retailer earnings reports.

Australian labour market data for June was slightly below expectations but is unlikely to take pressure off the RBA as it continues to monitor the inflation outlook.

As the US yield curve normalises, the oil curve is swinging into backwardation. This should, in theory, lead to an oil price reversal.

An examination of the current bull and bear arguments on Wall Street.

The Dow bounces back 76 points as bond yields rise again? The subprime scare has caused a strange misalignment of the planets as Wall Street results season gets into full swing.

The Westpac-Melbourne Institute Index of Consumer Sentiment reading for July is still strong, supporting the bank’s view the next move in interest rates will be up.

The Dow fell 148 points last night as bullish faith in the American consumer took a hit and S&P and Moody’s began moving in on the sub-prime mortgage market.

The overall trend in NAB’s business confidence survey is still to the upside, but there are disparities across sectors such as mining and retail.