Morning Bid: Surge in U.S. Treasury Yields, Bond Market Tension, and Global Economic Insights
A significant rise in U.S. Treasury yields is signaling increased government borrowing costs globally, with long-term debt yields climbing sharply. This surge marks the return of a previously absent risk premium in debt markets, as investors demand higher compensation for holding long-term debt. The New York Federal Reserve’s 10-year term premium has hit its highest […]
Visa Targets 10-Fold Increase in Pakistan’s Digital Payment Acceptance Through Strategic Partnership
Visa, a global leader in digital payments, has unveiled plans to significantly increase the number of businesses accepting digital payments in Pakistan. The company aims to achieve a tenfold rise in digital payment acceptance over the next three years, enhancing the country’s digital payment ecosystem. Partnership with 1Link: In a strategic move, Visa has partnered […]