Bloomberg The slower-than-expected increase in worker pay shows that investors should feel safe in Treasuries, even after yields jumped in the past two weeks, according to PGIM’s Robert Tipp. ‘Bonds are winning,’ Tipp, the chief investment strategist at PGIM Fixed Income, said on Bloomberg Television’s ‘Real Yield’ program. “The fact we haven’t had wage growth is really exceptional. I think …

Bloomberg Singapore’s banking regulator has told lenders it will delay the implementation of global rules designed to rein in trading risks by a year, Reuters reported. The Monetary Authority of Singapore notified local banks of the delay to the so-called ‘fundamental review of the trading book,’ or FRTB, in a letter last month that also flagged a number of other …

Bloomberg Morale among Deutsche Bank AG employees is showing signs of steadying after declining for three consecutive years, according to a person familiar with the company’s survey. Staff commitment to the Frankfurt-based lender was mostly unchanged from last year, at about 58 percent, the person said, asking not to be identified discussing the results. The survey, conducted in April and …