Latest news with #sovereignwealthfunds
Bloomberg
3 days ago
- Business
- Bloomberg
Traders See More Bad News for US Treasury Market
It's going to get worse. That's the takeaway from traders already rattled by the rout in long-dated US Treasuries as yields continue to linger near the psychologically fraught 5% threshold. The US 30-year yield is currently hovering at 4.97% after having soared last week to 5.15%—the highest since October 2023. A JPMorgan survey released on Wednesday added emphasis to growing fears in the $29 trillion Treasury market. The poll's all-client category for outright short positions —which includes central banks, sovereign wealth funds, real money and speculative traders—has climbed to the most since around mid-February. Fueling that doubt is the US losing its last top credit score, passage in the House of a spending bill that would add trillions more to an almost $37 trillion national debt, and a steep selloff in Japan's super-long bonds (more on that below).
Bloomberg
23-05-2025
- Business
- Bloomberg
How Gulf Giants Are Gathering Soft Power
The sovereign wealth funds of oil-rich Gulf nations have piled billions of dollars into sports to gain returns, diplomatic sway and soft power. But is it working? (Source: Bloomberg)
Bloomberg
22-05-2025
- Business
- Bloomberg
How Middle East Oil Giants Are Building Soft Power
For decades, the oil-rich nations of the Middle East have amassed tremendous amounts of money—more than anyone could possibly spend. Much of it was funneled into sovereign wealth funds, strategic repositories of state-owned cash just waiting to be deployed. Now they are coming into play in a very public way as the world inexorably pivots away from fossil fuels. The very countries who have benefitted most from its sale are increasingly seeking to pivot. Over the last decade or so, nations across the Persian Gulf and elsewhere have turned their attention to new areas of investment—to diversify away from oil and gas and to increase so-called soft power. One particular arena of interest has been sports. In the Bloomberg Originals mini-documentary How Gulf Giants Are Gathering Soft Power, we explain the growing number of areas in which sovereign wealth funds are investing, and what it may mean for the rest of the world.
