No let up for world stocks as banking worries persist

  • 📰 Reuters
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Global stocks were pressured on Friday and safe-haven buying supported government bonds as concerns about the stability of the banking system lingered.

said she was prepared to take further action to safeguard bank deposits, after saying a day earlier that blanket insurance was not on the agenda. Banks borrowed $110.2 billion at the Federal Reserve's discount window in the latest week, with the hefty drawdown of emergency credit suggesting some lenders were now unable to secure funds elsewhere.

"Small banks are important to the real economy," he added. "This takes us closer to a hard landing, to a U.S. recession." In government bond markets, the yield on the two-year U.S. Treasury , which tracks interest rate expectations, fell 8 basis points on Friday to 3.71%.Traders have also priced in U.S. rate cuts of about 90 bps basis points to about 3.9% by the end of the year .

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

We need price controls and a reset of the world financial system that erases colonial empires driven debt.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 2. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Asian Stock Market: Caution stems ahead of global PMIs, USD Index pairs losses, oil reboundsMarkets in the Asian domain are showing roots of caution as investors are shifting their focus toward the release of the global Purchasing Managers In
Källa: FXStreetNews - 🏆 14. / 72 Läs mer »