government debt
Coverage of government debt in the Nexus archive.
- Tech stocks lead steep global sell-off as investors lose faith in AI chip trade
Tech stocks led a steep global sell-off as investors lost faith in the AI chip trade. An Apollo analyst warned that a hyperscaler pullback could push the economy into a recession, while Airbnb CEO Brian Chesky was targeted in an AI-related hacking incident. The U.S. is bombing civilian infrastructure in Iran, and government debt has surpassed levels seen during the Global Financial Crisis.
- UBS AM’s Zhao Sours on Treasuries as US Growth Outpaces Europe
UBS Asset Management's Kevin Zhao plans to short Treasuries, betting that the strong US economy will reduce the appeal of government debt as a haven.
- Why Hong Kong has become this year’s worst-performing stock market
Hong Kong has become this year’s worst-performing stock market. The article highlights anomalies in financial markets, including Japan’s 10-year bond yield at 2.7% despite its high public debt, which exceeds 240% of economic output, and Germany’s lower yield despite significantly less government debt.
- Bank of England Eases Stablecoin Rules, Swaps Holding Caps for £40B ‘Guardrail’
The Bank of England has relaxed stablecoin regulations by replacing individual holding caps with a £40 billion per-coin issuance limit. Issuers are now permitted to hold more reserves in government debt under the new framework.
- The special role of the Treasury market is in peril
The Treasury market's special role is under threat due to government debt, inflation, and unpredictable policymaking, according to a special report by Mike Bird.