Despite the looming threat to the bond market from President-elect Donald Trump's trade and tax policies, Wall Street is still taking a cue from the Federal Reserve, predicting that short-term US Treasury yields will fall in 2025. Strategists are mostly in agreement that the yield on the two-year Treasury, which is more sensitive to the Fed's interest rate policy, will fall. They believe that 12 months from now, yields will fall by at least 50 basis points from current levels. The median forecas...
On November 8th, Minister of Finance Lan Foan introduced at a press conference that at present, the relevant tax policies to support the healthy development of the real estate market have been submitted for approval according to the procedures and will be launched in the near future. The work of implicit debt replacement will start immediately. The issuance of special government bonds to supplement the core first-level capital of large state-owned commercial banks is being accelerated. In terms ...