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This is Money
Gilt futures plunged yesterday over concern about the Chancellor's fiscal plans, as a leading think-tank warned that the UK's debt could remain high for "a generation".
Gilts fall over fears for public debt outlook
Moody's published the results of its latest CMBS "delinquency tracker" on Thursday and, as usual, they made for less-than-cheery reading. The rating agency said the aggregate rate of delinquencies among US CMBS conduit and fusion loans stood at 4.47 per cent as at the end of November, an increase of 46 basis points compared with the prior month. That increase was the largest yet of the economic downturn, Moody's said.
US CMBS delinquencies hit 4.5 per cent, Moody's says
At last winter cometh to America. The US Energy Information Administration disclosed on Thursday that natgas inventories declined 64bn cubic feet in the week ended December 4 versus an expected decline predicted by analysts of 45bn cubic feet, according to Bloomberg.
US natgas spikes 7%
The internet will account for the entire growth of the retail sector between 2010 and 2020, according to an influential retail analyst.
Internet sales to rocket, says Philip Dorgan
India's financial watchdog has suspended Barclays from offering derivatives that allow foreign investors to trade in Indian shares.
Derivatives trading lands Barclays with Indian ban