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Morgan Stanley warns that this corner of the credit market may be the first to collapse as interest rates rise

Morgan Stanley warns that this corner of the credit market may be the first to collapse as interest rates rise

Now that Fed Chair Jerome Powell has made it very clear that the Fed has no plans to slow the pace of interest rate hikes, some bond market experts are warning that even the most speculative areas of the credit market may be rude. the awakening. Team at Morgan Stanley MS, -0.96% He warned that …

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Chinese yuan slips to weakest level in two years as hawkish Fed signals interest rate hike

Chinese yuan slips to weakest level in two years as hawkish Fed signals interest rate hike

Hong Kong CNN Business – The Chinese Yuan fell to its lowest level in two years after the hawkish comments of Federal Reserve Chairman Jerome Powell which sent the dollar higher recently. The yuan – also known as the renminbi – It lost about 0.5% against the dollar on Monday in foreign trade outside mainland …

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