Bloomberg The European Central Bank (ECB) will extend its phase of faster bond-buying through the summer to ensure the economic rebound after coronavirus lockdowns morphs into a sustained recovery, according to a Bloomberg survey of economists. The majority expects the ECB to keep purchasing about 20 billion euros ($24.4 billion) worth of debt a week until September before slowing down. ...

Bloomberg China’s sovereign bonds have defied expectations for a selloff all year but their day of reckoning may be getting closer. The amount of cash in the banking system has been shrinking, while local government debt sales are set to double this week, hoovering up more funds. As a result, the overnight interbank interest rate rises to the highest level ...

Bloomberg Treasuries rise with the US dollar as investors debated the impact of resurgent inflation on monetary policy, while US index futures stalled with stocks near record highs. The 10-year yield falls back to 1.56% area with focus turning towards Thursday’s consumer-price data that may offer clues on how far the Federal Reserve can postpone a tapering of stimulus. Futures ...