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The DTCC’s decision to double margin requirements for mortgage-backed securities, alongside the recent MBS VaR stress testing increase, reveals growing concerns. As the 10-year Treasury yield experienced a sharp drop over the past two weeks, accelerated by weakening manufacturing and …
The People’s Bank of China’s massive cash injection of 733 billion yuan, an unprecedented record high, through reverse repos sends a clear message that policymakers are committed to maintaining low interest rates to boost the emerging economic recovery. Additionally, China’s …
Nikola, the leading electric semi-truck manufacturer, has announced a massive recall of its battery-powered commercial trucks due to concerns over a defective battery component that can cause fire. The recall is the result of an investigation into a fire at Nikola’s …