Page 122 - Bon News Today

(Bloomberg) -- Ghana’s widening Eurobond yields fail to account for the West African nation’s economic rebound from the fallout from the coronavirus pandemic, the nation’s finance ministry said in a bid to reassure investors.

(Bloomberg) -- Treasury yields are quickly moving higher as investor expectations grow that the Federal Reserve will raise interest rates in March and follow up with further moves throughout the year. The 10-year U.S.

(Bloomberg) -- Kenya’s shilling has come under pressure as the dollar strengthens, with investors anticipating the Federal Reserve increasing interest rates. The currency of East Africa’s largest economy fell to 113.

(Bloomberg) -- Emerging-market central banks were the first in the world to raise interest rates from their pandemic lows last year. That proactive tightening is starting to pay off big time in boosting returns from their local bonds.

(Bloomberg) -- Austria will impose fines on those without Covid-19 vaccinations from mid-March after a transition phase that starts in February, said Chancellor Karl Nehammer.

(Bloomberg) -- Eagle Senior Living filed for Chapter 11 bankruptcy on Friday, citing “exponential” increases in labor costs.   The pre-arranged filing will allow the chain to operate without interruption and make needed capital improvements, Eagle said in a Friday press release.

(Bloomberg) -- Taiwan central bank Governor Yang Chin-Long reiterated interest rates won’t be used to influence property prices, saying the cost of doing so would outweigh the benefits.

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(Bloomberg Businessweek) -- The world economy bounced back from the Covid-19 slump faster than most forecasters reckoned was possible a year ago—thanks largely to record injections of government money. Now those aid programs are getting trimmed or wound down.

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