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Source: Live Mint NEW YORK, – U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer said on Sunday they reached a deal with China to cut the U.S. trade deficit, describing “substantial progress” in high-stakes talks with Chinese officials but offering no details as two days of negotiations concluded in Geneva. ERIC KUBY, CHIEF…
Source: Live Mint (Bloomberg) — Municipal bonds are looking attractive as they slowly start to recover from the tariff-fueled rout that sent yields soaring earlier this month. Benchmark yields for state and local US government debt are still elevated compared to where they stood before the historic selloff. For example, the 30-year yield is at…
Source: Live Mint The India Volatility Index surged 65.7% on Monday to 22.8—its highest spike since its inception in 2007. On Tuesday, the gauge dropped to 20.44, but was up by about 47% over five trading days as US President Donald Trump unleashed a global trade war last week. India VIX reflects the market’s expectation…
Source: Live Mint Mumbai: Fears over fewer rate cuts in the US and a greenback gathering steam sent shockwaves over the Street on Monday, making investors poorer by more than ₹12 trillion overnight. The carnage did not spare any corner of the market – While the Nifty and Sensex plunged 1.5% and 1.4% to close…
