13 November 2019
President Donald Trump Said the U.S. Will Increase Tariffs on China in case the first step of a broader agreement isn`t reached. "If we don`t make a deal, we`re going to substanTIALLY RAISE those tariffs," he Said Tuesday in a speech to the Economic Club of New York. "They`re going to be raised very substanTIALLY. And that`s going to be true for other countries that MISTREAT US TO. " (Bloomberg) U.S. Government Debt Yields Ticked Lower Tuesday After After President Donald Donald Trump Rekindled His Vocal Criticism of Beijing, Calling the Chinese "Cheaters" Though he blamed America’s Trade Deficit on Past Past U.S. Leaders. The yield on the benchmark 10-year treasury note, which moves inversely to price, was little changed at 1.92%, while the yield on the 30-year treasury bond was also stagnant at 2,406%. (CNBC) Deputy Governor of Bank Indonesia (BI) Erwin Rijanto Revealed the Reason for the Central Bank`s difference in Cutting Interest Rates. When interest rates are low, more parties are borrowing money and spending more money, which will increase the risk. In addition, according to Erwin, BI also determined a sizeable portion of funds from other parties in government securities (SBN), which was 37 percent. Likewise, the portion of funds owned by foreign parties in the capital market reaction 50 percent. (CNN Indonesia) Source: Danareksa Securities Debt Research Photo by Robert Almonte On Unssplash