24th November 2023

  • Treasuries Feel Impact of European Sell-Off on Supply Concerns

10-year Treasury yield gains six basis points to 4.46%

Germany moves to suspend a restriction on new borrowing

https://blinks.bloomberg.com/news/stories/S4LW65T0AFB4

  • Oil Holds Decline as OPEC+ Dispute Clouds Outlook for Production

Group says delayed meeting will now be held online next week

Cartel is struggling to strike an agreement on African quotas

https://blinks.bloomberg.com/news/stories/S4M31JT0G1KW

  • Germany to Suspend Borrowing Limit Again After Budget Shock

Finance Minister Lindner forced into climbdown on debt brake

Restriction to be lifted for fourth consecutive year in 2023

https://blinks.bloomberg.com/news/stories/S4L3URDWRGG0

  • Euro-Area Business Weakness Increases the Odds of Recession

Composite PMI rises to 47.1 in November; economist est. 46.8

Germany’s economic downturn eases as French slump continues

https://blinks.bloomberg.com/news/stories/S4KKFEDWRGG0

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