The 91-day certificate of deposit rate in South Korea jumped 9 basis points to 2.70%, reflecting heightened market volatility after hawkish comments from Bank of Korea Governor Rhee Chang-yong, with short-term rates trading at a significant premium over the base rate amid rising credit concerns.
#YonhapInfomax #CertificateOfDeposit #BankOfKorea #InterestRate #RheeChangYong #CreditCrunch #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=90740
CD 91-Day Rate Surges 9bp in a Day—Aftershocks from Rhee Chang-yong Shock

The 91-day certificate of deposit rate in South Korea jumped 9 basis points to 2.70%, reflecting heightened market volatility after hawkish comments from Bank of Korea Governor Rhee Chang-yong, with short-term rates trading at a significant premium over the base rate amid rising credit concerns.

Yonhap Infomax
Global economic indicators signal a late-cycle shift, with the Infomax Panic-Boom Index pointing to a heightened risk of recession in Q1 2026 as market anxiety rises and credit risks persist.
#YonhapInfomax #InfomaxPanicBoom #RecessionRisk #MacroConvergenceSignal #USHighYield #CreditCrunch #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=89721
Infomax Panic-Boom Warns of Recession in Q1 Next Year—Signals Market at a Turning Point

Global economic indicators signal a late-cycle shift, with the Infomax Panic-Boom Index pointing to a heightened risk of recession in Q1 2026 as market anxiety rises and credit risks persist.

Yonhap Infomax

Các chuyên gia cảnh báo: Việc siết tín dụng cho vay mua căn nhà thứ hai, thứ ba nếu áp dụng không đúng cách, đặc biệt bằng mệnh lệnh hành chính, có thể khiến thị trường bất động sản méo mó.

#BấtĐộngSản #TínDụng #KinhTế #ThịTrường #ViệtNam
#RealEstate #CreditCrunch #Economy #Market #Vietnam

https://vtcnews.vn/siet-tin-dung-cho-vay-nha-thu-hai-lam-khong-dung-thi-truong-se-meo-mo-ar970743.html

Siết tín dụng cho vay nhà thứ hai: Làm không đúng, thị trường sẽ méo mó

Theo các chuyên gia, việc siết tín dụng với căn nhà thứ hai, thứ ba nếu dùng mệnh lệnh hành chính, sẽ khiến thị trường méo mó.

VTC News
Treasury bond futures in South Korea extend losses as U.S. Treasury yields surge, with 10-year futures plummeting 81 ticks amid concerns over tariff wars and delayed WGBI inclusion.
#YonhapInfomax #TreasuryBondFutures #USInterestRates #WGBI #YieldSurge #CreditCrunch #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=57960
Treasury Bond Futures Extend Losses as US Interest Rates Surge

Treasury bond futures in South Korea extend losses as U.S. Treasury yields surge, with 10-year futures plummeting 81 ticks amid concerns over tariff wars and delayed WGBI inclusion.

Yonhap Infomax
How ‘liberation day’ rout compares with other notorious stock market crises

A swift loss of £4tn from global stock markets has led some to liken Trump’s trade war to 1929 Wall Street crash

The Guardian

I don't think China can stop this row of falling dominoes. #Evergrande is just one of the doomed property giants. Massive #CreditCrunch incoming.
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Judge says ‘enough is enough’ after developer, which has $300bn in debt, fails to provide convincing restructuring plan

#EvergrandeCollapse: #HongKong court orders #liquidation of #China property giant | #PropertyMarketCrisis
https://www.theguardian.com/business/2024/jan/29/evergrande-collapse-liquidation-china-debt-developer-property-giant

Back toot: https://noc.social/@Norobiik/111825803095593829

Evergrande collapse: Hong Kong court orders liquidation of China property giant

Judge says ‘enough is enough’ after developer, which has $300bn in debt, fails to provide convincing restructuring plan

The Guardian
ECB may need to raise rates for longer than anticipated: Kazimir

The European Central Bank may need to raise interest rates for longer than currently anticipated, and September could be the earliest moment when policymakers can judge whether past rate hikes have been effective, ECB policymaker Peter Kazimir said on Tuesday.

Reuters

The Federal Reserve gave a groan
When Jeffrey Haley watched credit loans
It's '23
The crunch is near, he knew
And a warning he sent with a moan

#fed #creditcrunch #bank #ceo #limerick #poetry

https://www.reuters.com/markets/us/credit-crunch-fed-fears-may-already-be-taking-shape-2023-04-10/

The credit crunch the Fed fears may already be taking shape

Jeffrey Haley, the CEO of American National Bank and Trust Company, saw the crunch coming at the start of 2023.

Reuters
U.S. backstops Silicon Valley Bank sale to First Citizens

U.S. regulators said on Monday they would backstop a deal for regional lender First Citizens BancShares to acquire failed Silicon Valley Bank, triggering an estimated $20 billion hit to a government-run insurance fund.

Reuters
@lettersfromafriend I washed the carpets regularly. With the footfall it got filthy very quickly and after spending £100k I wasn't accepting it. Around this time a now ex "friend" borrowed and irreparably broke the carpet washer and #austerity and the #creditcrunch were biting.