MARKET NEWS / CREDIT BUBBLE DAILY

Wednesday, May 10, 2023

MARKET NEWS / CREDIT BUBBLE DAILY
Wednesday, May 10, 2023
Doug Noland Posted on May 10, 2023

[Yahoo/Bloomberg] Stocks Rise After US CPI: Markets Wrap

[CNBC] Treasury yields tumble after April’s CPI increase is less than feared

[Yahoo/Bloomberg] US Default Insurance Cost Eclipses Brazil, Mexico as X-Day Nears

[CNBC] Inflation rose 4.9% in April from a year ago, less than expectations

[AP] US prices pick up, showing inflation pressures persist

[CNBC] Mortgage demand surged after Fed signaled potential pause in rate hikes

[Reuters] Treasury debt advisers warn of ‘seismic’ impact from U.S. debt payment delays

[Reuters] What Biden, McCarthy, McConnell said about the US debt ceiling

[AP] Americans likely saw little relief from inflation in April

[Reuters] Factbox: U.S. corporate bankruptcies at highest level since 2010

[Reuters] US credit crunch didn’t start with SVB collapse, and may not end there

[Yahoo/Bloomberg] ECB Still Has ‘More Ground to Cover,’ Lagarde Tells Nikkei

[Yahoo/Bloomberg] ECB May Be Coming to Final Stretch of Rate-Hiking, Nagel Says

[Reuters] No quick deal in sight as EU countries start talks on new Russia sanctions

[Reuters] China and US debt woes may dominate G7 finance chiefs’ talks

[Yahoo/Bloomberg] Xi’s Latest Crackdown Snares Experts Hired by Hedge Funds, CEOs

[Yahoo/Bloomberg] China Names Li Top Financial Regulator in Surprise Move

[Yahoo/Bloomberg] China Warns Severe Heat Means Another Summer of Power Risks

[Bloomberg] China Junk Dollar Bonds Hit Five-Month Low as Worries Spread

[NYT] The Elusive Fix for China’s Budget Crisis

[WSJ] When Is the Debt Ceiling Deadline and What Happens if the Limit Isn’t Raised?

[WSJ] The Home Buyer’s Quandary: Nobody’s Selling

[FT] Sudan conflict delivers fresh blow to China’s African lending strategy

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