Today’s Brexit Barometer

By the Bloomberg Brexit Team Last updated: July 28, 2017 The Bloomberg Brexit Barometer rose sharply to 26.7, its highest level in four months, returning it to “cloudy” territory for the first time since late April. New European Commission survey data showed manufacturing confidence at a nearly 20-year high and a healthier mood also in the services sector. This offset mixed consumer confidence signals, with one measure rising from June while another, released by market-research firm GfK,...
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Bond prices rise as Fed gears up to raise rates to counter Trump inflation

U.S. government debt prices were higher on Thursday as investors priced in more interest rate hikes. The Federal Reserve's December minutes showed President-elect Donald Trump's proposals to stimulate growth may trigger inflation. The Central Bank may have to raise rates at a faster pace to counter price rises. Based on those expectations, Goldman Sachs raised its year-end forecast for 10-year Treasury yields to 3 percent from 2.75 percent on Thursday, Reuters reported. The yield on the ben...
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