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German yields cross zero threshold

  Bloomberg Benchmark German debt yields climbed above zero for the first time since before the pandemic as investors braced for central banks to scale back monetary stimulus in the face of accelerating inflation. The rate on 10-year bunds rises four basis points to 0.02%, crossing into positive territory for first time since May 2019. It comes as money markets ...

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NYC property values to rise 8.2% as homebuyers return

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  Bloomberg New York City is factoring in an 8.2% increase in property values for next fiscal year, bolstered by demand for single-family homes, co-ops and condos. The city set a value of about $1.4 trillion for its more than one million properties for the fiscal year beginning in July, according to a tentative assessment roll released by the Department ...

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Tech, banking names in hottest India stock picks for this year

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  Bloomberg The sustained boom in global tech spending, a revival of local housing demand and a rebound in bank earnings are expected to be among the key drivers of gains for India’s stock market this year. Analysts remain bullish, projecting a rise of about 15% for the NSE Nifty 50 Index over the next 12 months, according to sell-side ...

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