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US bond traders’ respite from flattening curve may prove brief

Bloomberg Bond traders agonizing over the flattening US yield curve got a bit of a break last week. But with a flood of Treasury supply about to hit the market, they’ll have little time to catch their breath. The US will issue a combined $96 billion of two-, five- and seven-year notes this week, the largest slate of fixed-rate coupon ...

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Carney’s hint of May rate hike puzzles pound pundits

Bloomberg Money-market traders in the UK may have capitulated, but not the analysts. While currency pundits were jolted by Governor Mark Carney’s surprise hint that a rate increase by the Bank of England next month isn’t a foregone conclusion, they aren’t exactly doing an about-turn on their forecasts. ING Groep NV, Nomura International Plc, Credit Agricole SA, CBA Europe Ltd., ...

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North Korea to close nuclear site, suspend missile tests

Bloomberg North Korea has achieved its goal of developing a nuclear arsenal and is suspending further tests of atomic weapons or intercontinental ballistic missiles, its state-run media reported, citing leader Kim Jong-un. Kim said the regime’s nuclear test site will be shuttered, according to the Korean Central News Agency (KCNA). Punggye-ri, built in a secluded mountain valley northeast of Pyongyang ...

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