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Heed those Asian bond bankers

  Investment bankers in Asia are usually happy to see a spike in Treasury yields. It gives them the perfect excuse to tell clients that if they don’t issue dollar bonds now, the costs will be much higher later. That may help explain why debt sales in the US have uncannily accelerated, even as Bill Gross and Jeffrey Gundlach warn ...

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Trump’s dangerous ideas about vaccines

  Donald Trump’s views on vaccines have long been out of sync with science. Childhood vaccines cause autism, he asserted at a debate in 2015, echoing statements he had made in 2014 and 2012. But now the president-elect is poised to do more than just pass along misinformation: He has asked a die-hard “anti-vaxxer” to lead a commission on “vaccination ...

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Tillerson tries to separate from Trump at confirmation hearing

  US Secretary of State nominee Rex Tillerson seems to be almost at variance with President-elect Donald Trump over key foreign policy issues, which he would face as America’s top diplomat. At his confirmation hearing, the former Exxon Mobil Corp CEO, under intense questioning on US-Russian relations and other foreign issues, called Russia a danger and vowed to protect America’s ...

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