Foreign buyers of US Treasurys have been shedding their holdings, raising the possibility of more future turbulence for US government bonds, Bank of America titled said. In a report on Monday titled “Foreign UST Demand Shows Cracks,” the bank said that foreign investors, often central banks, are purchasing fewer Treasurys. Megan Swiber, rates strategist at Bank of America, wrote on Monday that US dollar asset holdings have declined over $60 billion since the beginning of April. Foreign participation in the most recent US 20-year Treasury auction was the lowest since July 2020.”The foreign demand trajectory going forward is concerning, especially…
Author: user
While ASEAN’s uptake of national carbon credit schemes is promising, member states must cooperate to confront challenges faced in other nationally driven schemes Source link
The EU’s Emissions Trading System is essential to meeting the European Union’s 2040 climate target. Watering the EU ETS down with international carbon Source link
Amazon is ramping up its net-zero commitment and reducing carbon emissions from its logistics operations by increasing its use of sustainable aviation fuel (SAF). The e-commerce giant just announced it will buy over 9 million liters, or about 7,500 metric tons, of SAF. This will come from Finnish producer Neste. The fuel will power Amazon Air cargo flights until 2025. This volume will aid cargo operations at two key California airports: San Francisco International and Ontario International. This move follows Amazon’s previous SAF investments, including more than 6 million liters used in 2023. Since then, the company has been increasing…
A prolonged conflict between Israel and Iran may do more than rattle energy markets. One argument on Wall Street is that it could push the Federal Reserve to cut interest rates sooner than expected. “A sustained rise in oil prices could cause the Fed to strike a more dovish tone,” Oxford Economics chief US economist Ryan Sweet wrote in a recent note to clients, arguing that an extended oil shock could dent demand and potentially spill over into an otherwise resilient labor market. That’s because, historically, sudden spikes in oil prices tend to cause only a temporary rise in inflation…
By Matt Tracy, Echo Wang and Davide Barbuscia NEW YORK (Reuters) -Elon Musk’s xAI is on track to close on a $5 billion debt raise led by Morgan Stanley, despite tepid investor demand, according to two people familiar with the matter. The $5 billion debt sale, which includes a floating-rate term loan, a fixed-rate loan and secured bonds, will be allocated to investors on Wednesday, the two people said, asking not to be identified because the deal is private. xAI did not immediately respond to a request for comment while Morgan Stanley declined. The xAI offering, which was reported on…
The study, prepared by German environmental research institute Oeko Institut on behalf of Belgian NGO Carbon Market Watch, warned “strongly against” including international credits – via Article 6 of the 2015 Paris Agreement climate treaty – into the system. “The Article 6 rulebook is not robust enough to ensure transparent trade of high-quality Source link
TORONTO, June 17, 2025 (GLOBE NEWSWIRE) — Carbon Streaming Corporation (Cboe CA: NETZ) (OTCQB: OFSTF) (FSE: M2Q) (“Carbon Streaming” or the “Company”) today provides a corporate update and announces legend removal process for all U.S. investors from the 2021 Financings (as defined below). Highlights: Restrictive Legend Removal: The Company has finalized the process to offer qualifying U.S. investors who participated in the 2021 Financings (as defined below) the opportunity to remove the restrictive legend on share certificates at no cost to the investor. This legend on the share certificates renders the securities “restricted securities” as defined in Rule 144 of…
Disseminated on behalf of SolarBank Corporation SolarBank Corporation (NASDAQ: SUUN; Cboe CA: SUNN, FSE: GY2) (“SolarBank” or the “Company”), the North American energy developer, plans to expand its community solar portfolio once again. It’s building a 2.4 MW ground-mounted solar power project, owned by AI Renewable Flow-Through Fund (“AI Renewable”), called the Sydney Project in Nova Scotia, marking a major step into Canada’s clean energy market. Dr. Richard Lu, President and CEO of SolarBank, said, “This project underscores SolarBank’s significant expertise and strategic vision in helping to drive Canada’s renewable energy transformation. With a proven track record of over a…
The UN’s climate arm has this week opened a public consultation on a proposed ‘clean cooking’ methodology under the PACM… Source link