Bloomberg Italian bonds dropped as disappointing economic growth and a tepid debt sale damped investor enthusiasm. The securities snapped a three-day rally after the nation’s growth stagnated in the third quarter and sale prices for 10-year debt at the Treasury auction were below market levels. The weaker average sale price reflected fragile investor sentiment after rating agencies cut their view ...

Bloomberg The ultimate guarantor of job security for presidential whipping boy Jerome Powell may lie not in Washington, but on Wall Street. President Donald Trump could confront a huge blow back from the financial markets — with stocks, bonds and the dollar all going down — if he made a serious move to oust the Federal Reserve chairman, market professionals ...

Bloomberg The South African Reserve Bank sees higher interest rates in the next two years to help contain accelerating inflation. The central bank’s quarterly projection model forecasts a benchmark rate of 7.7 percent by the end of 2020 compared to 6.5 percent currently, it said in its six-monthly Monetary Policy Review released in Pretoria, the capital. While policy will remain ...