11th March 2022

  • Bond Rout Widens as Quickening Inflation Adds to Rate-Hike Bets

U.S. CPI was at 40-year even high before war spurred oil spike

Fed is expected to hike rates at least six times this year

https://blinks.bloomberg.com/news/stories/R8KA3LDWLU6C

  • Biden Set to Call for End of Russia’s Preferred Trade Status

Ending trade privileges will mean higher tariffs for Russia

Other countries, U.S. lawmakers have also demanded revocation

https://blinks.bloomberg.com/news/stories/R8K940T1UM0W

  • IMF No Longer Sees Russia Debt Default as Improbable Event

Nation has money but can’t use it due to sanctions: IMF MD

Georgieva says IMF likely to cut global growth forecast on war

https://blinks.bloomberg.com/news/stories/R8JRH7DWLU7W

  • Goldman Sees U.S. Recession Risk as Much as 35% as Cuts Forecast

Recession odds in-line with 20%-35% implied by yield curve

High oil and agricultural prices to drag on disposable income

https://blinks.bloomberg.com/news/stories/R8KCOEDWRGG0

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