Goldilocks' Comments and Global Economic News Tuesday AM 11-28-23
Goldilocks' Comments and Global Economic News Tuesday AM 11-28-23
Good Morning Dinar Recaps,
Sovereign Gold Bonds (SGBs): A Lucrative Long-Term Investment with Tax Advantages
The first-ever tranche of Sovereign Gold Bonds (SGBs) issued on November 30, 2015 (SGB 2015-16 Series I) will mature after eight years on November 30. Also, the Reserve Bank of India (RBI) opened a premature redemption window for another series – the SGB 2017-18 Series IX issued on November 27, 2017 – last week.
https://www.thehindubusinessline.com/portfolio/golden-gains-for-first-ever-sgb-tranche/article67570607.ece
👆 Goldilocks pointed to this article
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Foreigners no longer have an insatiable appetite for U.S. government debt. That’s bad news for Washington.
The U.S. Treasury market is in the midst of major supply and demand changes. The Federal Reserve is shedding its portfolio at a rate of about $60 billion a month.
https://www.wsj.com/finance/investing/where-have-all-the-foreign-buyers-gone-for-u-s-treasury-debt-3db75625
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"US dollar falls against most currencies as rate cut view weighs"
https://www.investing.com/news/economy/sterling-steady-dollar-wobbles-as-markets-brace-for-postthanksgiving-buzz-3243256
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