International finance

U.S. Treasury Yields Surge to 16-Year High as Japan Sells Significant Amounts of U.S. Bonds

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U.S. Treasury yields hit 16-year high, Japan sells large amounts of US bonds Reasons for Japan selling and future prospects U.S. Treasury yields climbed to their highest levels in 16 years on Wednesday, October 4, 2023, as investors worried about rising inflation and the prospect of aggressive interest rate hikes from the Federal Reserve. This … Read more

BRICS Expands and Challenges the Global Financial Order

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BRICS Expands and Challenges the Global Financial Order Introduction: The BRICS (Brazil, Russia, India, China, and South Africa) is an association of five major emerging economies that was founded in 2006. The group has been steadily growing in influence in recent years, and it has made a number of moves to challenge the global financial … Read more