The wave of looting triggered by police strikes in Argentina’s Cordoba province last week have spread to at least two other provinces as security officials demand higher wages to combat estimated 26 percent inflation.
Honed by 15 years of falling consumer prices that burnished the appeal of fixed-income assets in Japan, the Asian nation’s bond buyers are amassing long-term Treasuries as disinflation emerges in the U.S.
French President Francois Hollande is contending with a multitude of tax revolts, record-low popularity, an anemic economic recovery and a 16-year-high unemployment rate. You wouldn’t know it from the bond market.
U.S. budget negotiators plan to work this weekend from a shrinking menu of options to ease automatic spending cuts for as little as one year amid objections from some groups and lawmakers, said people familiar with the talks.