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SQUAWK BOX, MONDAY 21ST AUGUST, 2023 episode artwork

Aug 21, 2023 24 min

SQUAWK BOX, MONDAY 21ST AUGUST, 2023

from Squawk Box Europe Express

China attempts to halt the decline in its property sector, but it defies expectations by slashing its one-year loan prime rate by less than expected and leaving the 5-year rate unchanged. The Hang Seng reacts negatively as a result, slumping to a new nine-month low as investor concerns deepen. Former U.S. President Donald Trump has refused to attend the first GOP primary debate in a bid to upstage the party’s opening event. The U.S 30-year Treasury bond yield hits its highest level since 2011, ahead of this week’s central bankers’ symposium in Jackson Hole, Wyoming.

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SQUAWK BOX, MONDAY 21ST AUGUST, 2023

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