27th May 2024
- Biden to End Tariff Exclusions on Hundreds of Chinese Products
Decision is part of a broader policy of protecting US industry
Exclusions extended on types of motors, medical equipment
https://blinks.bloomberg.com/news/stories/SE0BOUDWRGG0
- Yellen Says US Isn’t Ready to Sign Pending Global Tax Agreement
India, China are holdouts on working on key details, she says
Italy’s finance minister says talks have reached a stalemate
https://blinks.bloomberg.com/news/stories/SE1FH0T0AFB4
- Yellen Says Higher Path for Rates Boosts Need to Lift Revenue
Treasury chief says Biden to seek more revenue in budget talks
Says 2% is her comfort threshold for interest-to-GDP metric
https://blinks.bloomberg.com/news/stories/SE1MDMT1UM0W
- Some Good News for Bond Traders Stuck in Fed Waiting Game
Treasury buybacks, QT slowdown are ‘good backstop’ for market
Ebbing volatility is also a positive as yields settle in range
https://blinks.bloomberg.com/news/stories/SDUFZTDWX2PS
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