Search results for Treasury bonds
Crypto
Wall Street and onchain combine in biggest infrastructure upgrade since electronic trading 30 years ago
Wall Street financial firms are moving beyond exploring blockchain and are beginning to adopt it, with exchanges, clearinghouses and electronic trading platforms entering onchain markets. Jason Rosenthal (Jason Rosenthal) of a16z Crypto calls the shift the biggest capital markets infrastructure upgrade since the move to electronic trading 30 years ago. He points to tokenisation, instant settlement and 24/7 markets, citing moves by DTCC, NYSE and Tradeweb, alongside supportive regulation.
Industry
Democratic Party, government to submit \'Middle East shock\' supplementary budget by end-March; to release strategic oil stocks
South Korea\'s Democratic Party and the government plan to release strategic oil stocks in phases over the next three months after a surge in global oil prices linked to the Middle East war. The government aims to draw up this year’s first supplementary budget and submit it to parliament by the end of March. Officials discussed measures to stabilise energy supply, prices, financial markets and to support affected small firms and exporters.
Finance
BOK holds base rate at 2.5 percent for sixth straight meeting, raises 2026 growth forecast
The Bank of Korea\'s Monetary Policy Board on Wednesday held the base interest rate at 2.5 percent for a sixth consecutive meeting. It said inflation is maintaining a stable trend around the target level and growth is improving more than expected, while financial stability risks persist. The board forecast 2026 economic growth at 2.0 percent, above its 1.8 percent estimate presented in November, and projected consumer inflation at 2.2 percent and core inflation at 2.1 percent.
