Bonds & Stocks
Bond traders are positioning for the US Treasuries market to extend its recent advance, showing confidence that yields will continue to pull back from the peaks hit after Donald Trump’s election victory.
Economy
Federal Reserve Bank of St. Louis President Alberto Musalem said it may be time for policymakers to slow the pace of interest-rate cuts amid higher than desired inflation and declining concerns over the labor market.
World
The potential impeachment of South Korea’s president after an aborted attempt to impose martial law may complicate US efforts to increase pressure on China under President-elect Donald Trump by undermining American-led alliances in East Asia.