Capitol Hill

Equity markets creep higher as growing US-China tensions tempers gains

Stocks on both sides of the Atlantic were up with stock bourses in the US, UK, France, Germany, Spain and Italy all in the green. This was despite news that China had sanctioned 11 Americans in retaliation to similar moves by the US on Hong Kong and Chinese officials. Global investors, however, continue to have

Strong demand for three-year UK gilts

By Thomas Belayneh This morning the UK’s Debt Management Office (DMO) announced the allotments of its latest auction of three-year UK government bonds. The auction was for £3.75 billion at a yield of 0.75%. Incredibly, the issue was heavily oversubscribed with bids totalling approximately £8.15 billion, which was more than two times than what as