Argentina's President Alberto Fernandez said on Monday that he did not want to rush into a new deal with the International Monetary Fund (IMF), amid broader concerns that a previously set May date to reach an agreement will be missed.
Global equities markets rose and the S&P 500 on Monday had its best day since June 5, with investors taking lower U.S. bond yields in stride on optimism over the $1.9 trillion coronavirus relief bill and distribution of Johnson & Johnson's newly authorized COVID-19 vaccine.
British consumer borrowing fell at its fastest pace in January since May last year as the country went back into a coronavirus lockdown, Bank of England data showed on Monday.
Northern Ireland's first minister upped the ante on Wednesday in a dispute between the UK and the European Union over trade with the province, calling on Prime Minister Boris Johnson to "step up and protect the United Kingdom".
Fears of distressed selling as bond selloff deepens U.S. 10-yr yields ease after spike to one-year high Australia’s central bank tries to stem bond bleeding Asian shares ex-Japan hit one-month trough
SYDNEY/MIAMI, Feb 26 (Reuters) - Asian stocks skidded to one-month lows on Friday as a rout in global bond markets sent yields flying and spooked investors amid fears the heavy losses suffered could trigger distressed selling in other assets.
The scale of the selloff prompted Australia’s central bank to launch a surprise bond buying operation to try and staunch the bleeding, helping yields there come off early peaks.