Emerging-Market Currencies Slip After US Retail Sales Beat
  • August 15, 2024

Emerging-Market Currencies Slip After US Retail Sales Beat

(Bloomberg) -- Developing-nation currencies trimmed weekly gains after data underscoring the resiliency of the US economy cooled bets on an outsize interest-rate cut by the Federal Reserve next month. Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Warehouse Store Promises Housing for South LA, in BulkBiden Invests $100 Million to Fuel Housing ConstructionThe Cross-Continental Race Using Only Public TransitA

Canadian Pension Saves in Bond Market by Being Boring
  • August 15, 2024

Canadian Pension Saves in Bond Market by Being Boring

(Bloomberg) -- Canada’s largest pension fund has found a winning formula to cut its borrowing costs: be more predictable.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Warehouse Store Promises Housing for South LA, in BulkBiden Invests $100 Million to Fuel Housing ConstructionThe Cross-Continental Race Using Only Public TransitCanada Pension Plan Investment Board started selling Canadian-dollar debt on a mo