Tag Archives: liquidity

Fed extends small business liquidity facility three months to June 30

Fed extends small business liquidity facility three months to June 30

Bloomberg China’s Yuan Becomes Latest Victim of Treasury-Led Selloff (Bloomberg) — The Chinese yuan erased all its gains against the dollar this year, the latest to fall prey to the Treasury-led global market selloff.The onshore yuan weakened as much as 0.5%, falling past the 6.5283 per dollar level it closed at last year. At its January peak, it was up 1.6% from 2020 as the economy rebounded and investors poured money into the Chinese bond market.Optimism over a global recovery from the… Source link

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