“The ‘Sell America’ narrative is an over-exaggeration, but we do expect slow and bumpy dollar depreciation.”

The relentless rise in government bond yields in the United States and around the world may represent the “new normal” for both investors and companies.

The Fed maintains they are not considering a half-point cut in September, but many think such a large move is in order.

"The Fed is on hold. Investors feel a little reprieve that [inflation data] didn't come in higher, which could make people start thinking about a rate-hike scenario."

Ruble swap shows China is challenging IMF as emergency lender to foreign governments.

Ruble swap shows China is challenging IMF as emergency lender to foreign governments.

Bank of Russia is attempting to stem the ruble's fall by restricting rubles available to banks in Russian repo market.

Bank of Russia is attempting to stem the ruble's fall by restricting rubles available to banks in Russian repo market.