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Freak sell-off of safe haven US bonds raises fear that confidence in America is fading
2025-04-13 19:45:04| Spiritual Career Counseling
NEW YORK (AP) The upheaval in stocks has been grabbing all the headlines, but there is a bigger problem looming in another corner of the financial markets that rarely gets headlines: Investors are dumping U.S. government bonds.Normally, investors rush into Treasurys at a whiff of economic chaos but now they are selling them as not even the lure of higher interest payments on the bonds is getting them to buy. The freak development has experts worried that big banks, funds and traders are losing faith in America as a good place to store their money.The fear is the U.S. is losing its standing as the safe haven, said George Cipolloni, a fund manager at Penn Mutual Asset Management. Our bond market is the biggest and most stable in the world, but when you add instability, bad things can happen.That could be bad news for consumers in need of a loan and for President Donald Trump, who had hoped his tariff pause earlier this week would restore confidence in the markets. Whats happenin... [ more ]
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Employment
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Gold rate today: Yellow metal drops to 3-1/2-week low as market sell-off hits bullion - The Times of India
2025-04-13 17:45:04| Spiritual Career Counseling
Market analysts linked the decrease in gold prices to unfavourable global market conditions. (AI image) Gold prices declined on Monday, reaching their lowest point in over three weeks, as part of a broader market downturn. Investors sold gold holdings to offset losses in other investments, driven by concerns of a potential global recession due to intensifying trade conflicts.Gold futures experienced a slight decrease of Rs 10, reaching Rs 88,065 per 10 grams on Monday, due to subdued spot demand. The June delivery contracts on Multi Commodity Exchange showed a minimal decline of Rs 10 or 0.01 per cent to Rs 88,065 per 10 grams, with a business turnover of 16,515 lots.Market analysts linked the decrease in gold prices to unfavourable global market conditions. Internationally, gold futures in New York registered a decline of 0.55 per cent, settling at USD 3,021.51 per ounce.The precious metal experienced a decline exceeding 3% on Friday, following U.S. President Donald Trump's substantia... [ more ]
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Employment
Into The Many Mangroves Of Langkawi In Malaysia
2025-04-13 17:45:04| Spiritual Career Counseling
Mangroves of Langkawi | The dark clouds were threatening to ruin the party. We were on the beach near the Langkawi mangroves, clutching soft drinks and cameras, waiting to be partnered up for a spot of tandem parasailing. But the wind was changing shift, and the grim shakes of the head from the adventure sports crew were a hint that the plan might change. Soon enough, raindrops were falling, leaving little damp spots on the sand. What now, wailed every expression. Don't let the day turn into a snatched candy, please. Hurry, hurry, someone waved at us urgently. Some boats that had been bobbing away on the waves a little while ago had come to the beach, and there was a flurry of arms and legs as people started jumping into them. Parasailing was off for now, but we were going to the mangroves. Abandoning a huddle of dithering Indian journalists, I ran forward and hopped into a boat full of Malaysian-Chinese media people from Kuala Lumpur. Adventure can taste better with strangers.Marine A... [ more ]
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Employment