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JPMorgan sees rising risk of bonds

Bloomberg Persistent inflation could trigger more spells when bonds and equities move in tandem, according to JPMorgan Chase & Co analysts, posing a headache for investors who use fixed-income securities to shelter some of their portfolios from stock-market drops. The bond-market selloff in September coincided with the S&P 500 shedding 4.8%, a lockstep move that battered multi-asset investors. A basket ...

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Peru raises key rate to curb fastest inflation in 12 years

Bloomberg Peru tightened monetary policy for a third straight month after inflation surged to its highest rate in 12 years and political volatility roiled the currency. The central bank lifted its benchmark rate half a percentage point, to 1.5%, matching the median forecast of economists surveyed by Bloomberg. It was the third consecutive rate hike by the bank led by ...

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Facebook, Instagram back to normal after another outage

Bloomberg Thousands of users of Facebook Inc’s main social network and Instagram photo-sharing app reported having trouble accessing the services for a short stretch midday, the second time in a week they were out of reach for a wide swath of people. More than an hour after apologising for the outages, Instagram said on Twitter that the situation was resolved. ...

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