Why International Investors Aren't Buying US Debt

The rise in Treasury yields should make U.S. debt more attractive to international investors still struggling with low returns at home—yet few are buying. The rising costs of currency hedges means it often isn't worth it. Yields on 10-year U.S. government bonds have jumped to 2.9% from 2.1% a year ago,
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Last July, a Whole Foods store in New York's Harlem decided to stock bags of fonio, a West African grain similar to couscous. The first shipment sold out in three hours. Just last week, Los Angeles Lakers forward Luol Deng hosted a fonio party at his home. It's the hottest grain you've never eaten.
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When Elon Musk's SpaceX heaved two communications satellites aloft last week, he joined a space race that's foiled plenty of other dreamers. Billions of dollars have vanished in the quest to provide internet service from low-earth orbit. Globalstar Inc. and Iridium Communications Inc. crashed into
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Pritzker, the brother of former U.S. Commerce Secretary Penny Pritzker, has an estimated net worth of $3.6 billion, according to the Bloomberg Billionaires Index. If he wins the primary, it could make the Illinois campaign the most expensive governor's race in the nation's history. “It's certainly possible
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Manafort was paid roughly $1 million for his work on the October 2014 parliamentary election, Nestor Shufrych, one of the Opposition Bloc's leaders told Bloomberg in April. Manafort's last consulting assignment in Ukraine ended less than six months before he started working for the Trump campaign: He
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It has a “strict” international policy banning the promotion of guns and their parts, and it clearly didn't want to take any chances. Searches in the US and Canada turned up results as of this writing, so there's a chance it has already been fixed. The attention to the issue came following the Parkland, Florida
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After rising sharply for weeks, mortgage interest rates steadied last week, and homebuyers responded, the Mortgage Bankers Association says. Total mortgage application volume increased 2.7 percent, seasonally adjusted, from the previous week. The increase was driven by homebuyers, who have
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TROY, Mich., Feb. 28, 2018 /PRNewswire/ — United Wholesale Mortgage (UWM) announced that it is now exclusively offering Conventional High Balance loans nationwide, making a more cost-effective loan product available to borrowers in counties and states that previously did not have access to
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Jennison Associates LLC grew its stake in shares of Marriott International by 1.7% in the 4th quarter. Jennison Associates LLC now owns 12,149,996 shares of the company's stock worth $1,649,119,000 after buying an additional 199,057 shares in the last quarter. Westfield Capital Management Co.
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Stable home prices are critical to a healthy housing market and sustainable development. Home prices in many Chinese cities have increased dramatically in past decades. The China's central bank uses two primary monetary controls on overheated housing prices: the bank lending supply and lending
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Spotcap is also leading the charge in an emerging trend known as Lending-as-a-Service, offering its full-service lending platform and risk decisioning tools to major institutions, financial or otherwise. This approach recognizes that SMEs have long had trouble obtaining financing, with traditional lenders
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McGrath is charged with grand theft, burglary and forgery for using Sandpoint Title Insurance's checking account to draft checks to herself last December. One of the checks was for $1,873 and another was for $986, although it's not clear if the second check was successfully cashed. McGrath is accused
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The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting an increase of 2.7% in the group's seasonally adjusted composite index for the week ending February 23. Mortgage loan rates rose again last week on three of five loan types that
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“What the markets are telling you today and year-to-date is that interest rate hikes are expected and that's getting priced in,” Medha Samant, Fidelity International investment director, told Bloomberg TV. “The question is, despite all the upbeat data that we see coming out of the U.S., what is going to be the
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Fannie Mae has agreed to allow home rental income as part of its income qualification on refinance applications with Better Mortgage, Quicken Loans and Citizens Bank. Quicken Loans recently became the nation's top-producing mortgage lender. According to Nathan Blecharczyk, co-founder and chief
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Good morning, Broadsheet readers! Hope Hicks is in the House hot seat, Serena Williams is the GMOAT, and we all need PhDs. Enjoy your last day of February! EVERYONE'S TALKING. • Back to school! Our colleague Claire Zillman writes about a new “set of rules” for working women seeking equal
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People living in the world's most cashless society may soon lose their access to notes and coins. To avoid that extreme scenario, Swedish cash-handling provider Loomis AB wants authorities to force banks and retailers to continue accepting cash. The warning follows similar calls from the Swedish
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Hostesses stand by a SsangYong XAVL car at the Geneva Motor Show, 2017. Photographer: Saso Domijan. A year ago, two blondes in skintight silver mini dresses and stiletto heels were stationed at Ssangyong Motor Co.'s display at the Geneva car show. When the annual event reopens Tuesday, the
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The latest salvo in the benefit wars is a baby-lulling machine that promises parents more of their most precious resource—sleep. By. Rebecca Greenfield. @rzgreenfield More stories by Rebecca Greenfield. February 28, 2018, 2:00 AM PST. Any best-in-class employer worth its salt gives its employees a
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02-27-2018 – Discover our job offer Corporate Real Estate Manager, Senior – Full-time based in United States-California-San Francisco (reference: 036151) – The bank for a changing world – BNP Paribas.
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