22nd March 2021

  • Fed’s Barkin Sees Strong Economy With Some Price Pressures

No sign of unwanted inflation yet as U.S. rebounds from Covid

FOMC voter: inflation a multi-year, not one-year, phenomenon

https://blinks.bloomberg.com/news/stories/QQCEW7DWLU6A

  • Summers Sees ‘Least Responsible’ Fiscal Policy in 40 Years

Summers repeatedly criticized recent Biden stimulus plan

Noble Laureate Krugman says 1970s-style inflation not a risk

https://blinks.bloomberg.com/news/stories/QQC4XWDWX2Q1

  • Hedge Funds Turn Bullish on Dollar for First Time Since November

Leverage funds flip to 2,414 long positions in March: CFTC

Pound, commodity-linked currencies can face pressure: NAB

https://blinks.bloomberg.com/news/stories/QQCJAAT1UM0Y

  • Ghost of Horrific Treasury Auction Haunts Bond Market on Brink

7-year note is underperforming on curve by most since 2015

Index of longer Treasury maturities sinks into bear market

https://blinks.bloomberg.com/news/stories/QQ6HUMDWX2PT

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