Bloomberg The bond bulls in the $14 trillion Treasuries market didn’t expect — or want — to be proven right in quite this manner. Ramped-up bellicose rhetoric between US President Donald Trump and North Korean leader Kim Jong Un has stoked fears of imminent war, driving 10-year Treasury yields to the lowest level since June. Unless the two adversaries tone ...

Bloomberg If Mario Draghi is worried about the strength of the euro, he’s hiding it well for now. The European Central Bank president has shirked any invitation so far to bemoan the recent appreciation of the single currency in the style of his predecessor Jean-Claude Trichet, who used to complain about “brutal” moves that risk damping growth. Instead, Draghi has ...

Bloomberg Bangko Sentral ng Pilipinas Governor Nestor Espenilla called for calm on Sunday after the peso fell to an almost 11-year low against the dollar last week, saying the currency isn’t expected to free fall given the nation’s strong economic fundamentals. “The peso is market-determined. It’s natural for it to show volatility as it adjusts to market conditions and all ...