14th August 2023

  • Bond Market Sees No End to Tumult as Fed Casts a Hawkish Shadow

Traders to look at July 25-26 FOMC minutes for insights on Fed

Inflation risk and supply wave is lifting long-term US yields

https://blinks.bloomberg.com/news/stories/RZ6U64DWLU68

  • Real Long Bond Yields on Cusp of 2% to Seriously Tempt Investors

Inflation-protected 30-year yield near 2%, highest since 2011

TIPS auction on Aug. 24 will reveal strength of buyer interest

https://blinks.bloomberg.com/news/stories/RZ8995DWRGG0

  • Bill Gross Slams Stock and Bond Bulls, Says Markets ‘Overvalued’

Says 10-year Treasuries are too expensive, yield at 4.5% fair

Equity risk premium suggests stocks are also overvalued

https://blinks.bloomberg.com/news/stories/RZ8OQFDWRGG0

  • US Treasuries on Track for Record Year of Inflows, BofA Says

Flows into Treasuries have reached $127 billion this year

Money-market funds reach record high amid rate hikes

https://blinks.bloomberg.com/news/stories/RZ7XW0T1UM0W

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For more information please contact Rubrics Asset Management. info@rubricsam.com.