MARKET NEWS / CREDIT BUBBLE DAILY

Tuesday, May 20, 2025

MARKET NEWS / CREDIT BUBBLE DAILY
Tuesday, May 20, 2025
Doug Noland Posted on May 20, 2025

[CNBC] S&P 500 slips after benchmark index rises for sixth straight day: Live updates

[Yahoo/Bloomberg] Japan Bonds Plunge as Weak Auction Adds to Fear Over BOJ Retreat

[Yahoo/Reuters] Japan’s super-long bond yields soar to records as market frets about demand

[Yahoo/Bloomberg] Oil Swings as Iran Leader Throws Fresh Doubts Over Deal With US

[AP] Trump is heading to Capitol Hill to persuade divided GOP to unify around his ‘big, beautiful’ bill

[Axios] Johnson offers $40,000 SALT deduction cap with income limits

[Axios] Tornado-spawning storms threaten central U.S. after deadly outbreak

[AP] More severe weather pummels the central US as thousands recover from deadly tornadoes

[Yahoo/Reuters] Japan is sticking to demand for US to eliminate tariffs, trade envoy says

[Reuters] Dollar set for more weakness as ‘Brand USA’ falls further out of favor

[Yahoo Finance] Citi CEO: Something ‘deeper’ is going on in financial markets right now

[Yahoo/Bloomberg] ECB Sees Financial Stability Risks From Escalating Global Trade Tensions

[Yahoo/Reuters] ECB’s Escriva sees risks to global financial sector from U.S. trade policies

[AP] Slow progress and no major breakthroughs dampen hopes for Russia-Ukraine peace deal

[BBC] Trump’s call with Putin exposes shifting ground on Ukraine peace talks

[Reuters] EU, Britain go ahead with new Russia sanctions without waiting for Trump

[AP] Iran’s supreme leader rejects US stance on uranium enrichment

[Reuters] China cuts key rates to aid economy as trade war simmers

[Yahoo/Bloomberg] China Ran Record Budget Deficit With Spending Blitz Amid Tariffs

[Yahoo/Bloomberg] China Imports the Most Platinum in a Year as Squeeze Tightens

[Bloomberg] SALT Agreement Remains Elusive for House GOP on Trump Tax Bill

[Bloomberg] Florida’s Real Estate Strength Is Turning Into a Weakness

[Bloomberg] US Downgrade Sounds Alarm for Hong Kong Funds in Treasuries

[Bloomberg] China Banks Cut Deposit Rates to Aid Margins, Drive Spending

[Bloomberg] Japan’s 20-Year Bond Auction Gets Weakest Demand Since 2012

[WSJ] Breaking Down What’s in the GOP Tax Bill

[WSJ] America’s Fiscal Situation Threatens the Good Mood on Wall Street

[WSJ] Radical Market Swings Leave Some in the Pension Crowd on Edge

[FT] Donald Trump’s ‘big, beautiful’ tax bill heightens concerns over US debt

[FT] Has Donald Trump abandoned Ukraine?

[FT] Will Trump’s tariff climbdown save the US from recession?

[FT] Iran’s supreme leader says he does not expect US talks to ‘yield results’

[FT] Japan’s long-term borrowing costs hit record high on demand fears

[FT] China’s Xi Jinping steps up calls for industrial self-sufficiency amid trade war

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