Faisal Islam: Inflation and borrowing figures illustrate chancellor's Budget challenge
Published . Updated .
The economic figures released on Wednesday show the constraints for John Healey as he puts the finishing touches to his Budget.
Directly affected
- No company is named in this report.
Indirectly affected
- TLT iShares 20+ Year Treasury Bond
Long-term bonds move when yields change
- IEF iShares 7-10 Year Treasury Bond
Treasury bonds move when yields change
- SHY iShares 1-3 Year Treasury Bond
Short-term bonds move when the Fed changes rates
- SPY SPDR S&P 500
Stocks move when the Fed changes the rate path
- JPM JPMorgan Chase
Bank profits move with lending and interest rates
- BAC Bank of America
Bank profits move with lending and interest rates
- GS Goldman Sachs
Bank profits move with lending and interest rates
- XLF Financial Select Sector SPDR
A fund of financial companies
- KRE SPDR S&P Regional Banking
Regional banks are sensitive to interest rates
Price reaction, T-5 to T+3
Faisal Islam: Inflation and borrowing figures illustrate chancellor's Budget challenge Yahoo Finance Australia
Source: Yahoo Finance
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38 out of 100
“Faisal Islam: Inflation and borrowing figures illustrate chancellor's Budget challenge” scores 38 out of 100. The score uses 3 sources.