14th March 2023

  • Bond Yields’ Plunge Is Biggest Since Volcker Era on Bank Worries

Two-year note’s yield, above 5% last week, drops below 4%

Odds of another hike fall below 50% and cuts are priced in

https://blinks.bloomberg.com/news/stories/RRH95FT0AFB4

  • The Great Hiking Cycle Is Seen as Done as Yields Drop Below Cash

Yields under cash say hikes done, but not when, Pendal Says

ECB now seen as the main hawkish central bank in swaps

https://blinks.bloomberg.com/news/stories/RRHQQBT1UM0Z

  • Fed Battle Plan for Inflation Shredded by Financial Turmoil (1)

Powell’s threat to speed up rate hikes now looks dated

Case for rate caution strengthened, Goldman sees March pause

https://blinks.bloomberg.com/news/stories/RRH167DWX2PS

  • Treasury Two-Year Yield Rebounds After Biggest Slide in Decades

US 2-year yields slumped by most since early 1980s on Monday

Swaps are pricing for US rates to peak in May before falling

https://blinks.bloomberg.com/news/stories/RRHQ1BT1UM0W

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