Bloomberg The UK government sold part of its stake in NatWest Group Plc for 1.13 billion pounds ($1.6 billion), reducing its holding for the first time in almost three years. The Treasury sold 590.7 million shares to the bank at the closing price of 190.50 pence, according to a statement. Its holding will be reduced to 6.9 billion shares, representing ...

Bloomberg The Bank of Canada (BOC) provided the greatest guidance yet into how it plans to slow purchases of government bonds as the economic recovery accelerates, fuelling expectations it could begin doing so as soon as April. In a speech, Deputy Governor Toni Gravelle said the central bank is winding down emergency liquidity programs it deployed to grease markets when ...

Bloomberg US Treasury yields rise with stocks as the reflation trade gained momentum amid President Joe Biden’s big spending plans on the heels of ramped-up vaccine efforts. European stocks opened higher, led by banks and miners, as investors weighed prospects of a stronger-than-expected global recovery led by the US. Equity-index futures were mixed as traders assessed the fallout from the ...