An inversion of the yield curve — where yields on longer-maturity bonds drop below those on shorter-term securities — is seen as a precursor of a recession as it predicts the outlook for the central ...

SHANGHAI—An anomaly in China’s $1.7 trillion government-bond market has worsened, as an odd combination of tight funding conditions and economic pessimism pushed long-dated yields well below those on ...

* Firms pay 3rd-quarter tax; banks see month-end cash call * Liquidity conditions to improve next week * One-year IRS at 3.63 pct vs five-year's 3.62 pct * Benchmark money rate, 7-day repo rate, jumps ...