Tagrisks

After the US central bank uplift its benchmark overnight interest rate by an area of a probability point to the 5.00%-5.25% range, banker Uday Kotak eminent that the hike could lead to risks for regional US banks. He added that systemic banking firmness is crucial, and liquidity moves worldwide to funds and short-term treasuries. “US fed increases overnight rates to 5-5.25%. Ten years 3.33%...