31st May 2021

  • G-7 Trade Chiefs Want Stronger Rules on Subsidies; See WTO Role

Ministers want to tackle unfair technology transfers to states

European Union, U.S. are set to endorse the drive next week

https://blinks.bloomberg.com/news/stories/QTTV24T1UM0Z

  • Biden Tax Plan Forecast to Bring in $3.6 Trillion in Decade

Treasury projection compares with $4 trillion in spending plan

Proposals likely to be substantially reshaped by Congress

https://blinks.bloomberg.com/news/stories/QTU9OKT1UM10

  • Fed’s Taper Talk Is Pre-Emptive Strike Against Inflation Fears

Talk about slowing $120 billion pace likely at June meeting

Risk management at forefront inflation hotter than expected

https://blinks.bloomberg.com/news/stories/QTTOGET0G1KW

  • Bond Traders Look to Jobs for Taper Clues While Cash Glut Grows

Fed reverse repo facility has seen usage climb to record high

Reducing asset buying to hinge on outlook for jobs, inflation

https://blinks.bloomberg.com/news/stories/QTRWX8T0G1L5

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