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The bull market faces higher likelihood of a Fed rate hike as Iran crisis
intensifies
-
Treasury yields are approaching the highest levels seen since the Iran war
started in February as oil prices rise
2 hours ago
Seed Newsvine
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China's representative to the IMF, He Jianxiong, sharply disagreed with a number of IMF's conclusions -- including its assessment of the currency. He said that one reason that China's reserves have grown to more than $US3 trillion ($2.8 trillion) is that central banks in the US and Europe have kept interest rates so low that capital has surged into emerging markets.
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