‘Inflation is going to be stickier than most people imagine’: Inside the obscure market where traders have mostly been right about price increases.

For the past 20 years, Gang Hu has traded Treasury inflation protected securities and related derivatives instruments, working for big firms like PIMCO and Barclays before starting his own New York hedge fund, WinShore Capital Partners. During most of his career, inflation was not much of a factor in financial markets and few took notice … Read more

Mexican Lender Is Battered by Missing Money, Hidden Losses

Crédito Real built a booming business lending at high interest rates to Mexican teachers and other government workers. The loans were paid back through payroll deduction, reducing the risk of nonpayment. Now it is planning to file for bankruptcy in Mexico after it has faced growing skepticism over how it has been reporting its earnings … Read more

‘Catastrophically bad’ inflation report is boosting chances of a 75-basis-point interest-rate hike next week

Friday’s consumer-price index report for May – which showed the annual headline US inflation rate climbing to 8.6% in May, with few signs of having peaked – is boosting the chances of a jumbo-sized rate increase by monetary-policy makers as soon as next week, and eliciting dire warnings that central bankers have completely lost control … Read more

Emerging-Markets Currencies Stay Strong Despite Dollar’s Rise

A strong US dollar isn’t driving emerging-markets currencies into a tailspin. That is unusual. Returns on emerging-markets currencies are higher than on those from developed economies since January, according to data compiled by Barclays. The WSJ Dollar Index, which measures the US dollar against a basket of currencies, is up nearly 6% year to date, … Read more

Barclays Hires Hossein Zaimi as Head of Asia-Pacific Markets

By Anniek Bao Barclays PLC has hired industry veteran Hossein Zaimi to lead its Asia-Pacific markets business, the London-based bank said Thursday. Mr. Zaimi will be based in Hong Kong. He has nearly 30 years of experience in the financial industry, including 17 years in senior leadership roles at HSBC Holdings PLC, Barclays said. Stephen … Read more

Pirc tells Barclays shareholders to vote against pay report

Barclays investors have been urged by a major adviser to oppose the bank’s remuneration policy, raising the prospect of a shareholder rebellion over executive pay at the UK lender. Pirc, which advises large shareholders, has recommended voting against Barclays’ remuneration report at its annual general meeting on 4 May, citing concerns over the pay of … Read more

A key part of the Treasury yield curve has finally inverted, setting off recession warning – here’s what investors need to know

A closely watched measure of the yield curve that serves as one of the bond market’s most reliable recession indicators inverted on Tuesday, underlining fears about the economic outlook as the Federal Reserve considers aggressively hiking interest rates. The widely followed spread between 2-year TMUBMUSD02Y, 2.322% and 10-year Treasury yields TMUBMUSD10Y, 2.417% intermittently dipped below … Read more

Bond market is skeptical of Fed’s wishful thinking on at least 10 quarter-point rate hikes through 2023

Bond traders are doubtful about the Federal Reserve’s ability to deliver a total of at least 10 quarter-point rate hikes in the next two years without substantially undermining US economic growth and employment. Treasury yields fell across the curve on Thursday – with some of the biggest declines coming in 1- and 2-year maturities. One … Read more

Barclays’ female bonus gap widens to 70% in sign banking is worst for women

The gender pay gap at Barclays widened in 2021, despite increasing the number of women in its senior ranks, as the UK lender increased bonuses for dealmakers and traders amid a surge in profit. Women at Barclays Bank Plc in the UK, which houses its corporate and investment bank, had an average pay gap of … Read more

Beyond Meat Stock Is Climbing. A Barclays Analyst Flipped From Sell to Buy.

Text size Beyond Meat stock has fallen faster than the S&P 500 so far this year. Drew Angerer / Getty Images Shares of Beyond Meat were higher after Barclays analysts flipped from a downbeat view of the stock to a bullish one, saying they believe the company’s potential is undervalued by the market. Analyst Benjamin … Read more