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Coronavirus
LOW Source: covid.gov.pk
Pakistan Deaths
28,252
2424hr
Pakistan Cases
1,263,664
89324hr
1.7% positivity
Sindh
465,175
Punjab
437,572
Balochistan
33,114
Islamabad
106,402
KPK
176,650

global bond yields

Wall Street set to struggle as bond rumblings return
Markets

Wall Street set to struggle as bond rumblings return

  • Wall Street expected to dip as yields brush 1.75%.
  • European and Asia supported by Fed's bullish view.
  • Fed sees 2021 GDP growth of 6.5%, unemployment at 4.5%.
  • Fed says will keep rates low through 2023.
  • Weekly jobless claims higher than expected.
Published 18 Mar, 2021 08:05pm
Aussie, kiwi flat
Business & Finance

Aussie, kiwi flat

SYDNEY/WELLINGTON: The Australian and New Zealand dollars flatlined on Thursday after another spike in global bond...
Updated 05 Mar, 2021 09:36am
Euro zone bonds' reflation sell-off stalls; focus on ECB minutes
Markets

Euro zone bonds' reflation sell-off stalls; focus on ECB minutes

  • In the euro zone, after rising 11 basis points in three sessions to its highest since June 2020, Germany's 10-year Bund yield dipped 1 basis point on Wednesday.
  • The euro rose to its highest since 2018 above $1.23 in early January. It has eased since to around $1.208 currently, but is still up 8% since the start of 2020.
Published 18 Feb, 2021 08:21pm