(Bloomberg) — China’s policymakers plan to sell a record 3 trillion yuan ($411 billion) of special treasury bonds in 2025, Reuters reported on Tuesday, a move aimed at bolstering the slowing economy. Most Read from Bloomberg The plan would be a sharp increase from this year’s 1 trillion yuan and be used to support consumption…
Wall Street opened lower Tuesday while escalating tensions in the Russia-Ukraine war prompted investors to shift toward traditional safe-haven assets including gold and Treasury bonds. The S & P 500 fell 0.5 percent in early trading, with the Dow Jones Industrial Average dropping 319 points, or 0.7 percent. The Nasdaq composite also slid 0.5 percent….
China unveiled stimulus measures to boost an economy blighted by a years-long property sector crisis and chronically low consumption (ADEK BERRY) China said Saturday it would issue special bonds to help its sputtering economy, signalling a spending spree to bolster banks, shore up the property market and ease local government debt as part of one…