- China Central Government Is Borrowing at Fastest Pace on Record (bloomberg)
- China Minister Says Nation’s Recovery to Benefit US Firms (bloomberg) Why Chinese Apps Are the Favorites of Young Americans (wsj)
- Where Financial Risk Lies, in 12 Charts (wsj)
- First Citizens Said to Near Deal for Silicon Valley Bank (bloomberg)
- US Bank Deposits Decline by Most in Nearly a Year (bloomberg)
- Bond Traders Go All-In on US Recession Bets That Defy Fed View (bloomberg)
- Fed’s Kashkari Says Bank Strains Bring Risk of Recession Closer (bloomberg)
- Money market funds swell by over $286bn as investors pull deposits from banks (ft)
- Powell and Yellen struggle to calm nerves in banking crisis (ft)
- Feds may throw struggling First Republic Bank a lifeline by expanding emergency lending program (foxbusiness)