Rubrics Morning Comment 16.02.24 – Rubrics – Asset Management

16th February 2024

Fed’s Bostic Says May Take ‘Some Time’ to Hit Rate-Cut Threshold

Atlanta Fed president makes the case to hold off on rate cuts

Bostic says risks to US outlook have become more balanced

https://blinks.bloomberg.com/news/stories/S8XBT6T1UM0W

Bond Market Jolted as Retail Sales Slump Complicates Fed’s Task

Consumer spending slowdown is counterpoint to sticky inflation

Options traders wager on a rebound in Treasury yields

https://blinks.bloomberg.com/news/stories/S8WMO0T0AFB4

Fed’s Reverse Repo Facility Usage Dips Below $500 Billion

Counterparties parked $493 billion at RRP, lowest since 2021

Low RRP raises risk of early end to quantitative tightening

https://blinks.bloomberg.com/news/stories/S8WTZTT1UM0W

Oil Holds Large Gain as Equity Market Surge Eclipses IEA Warning

Brent benchmark on course for fourth weekly climb out of five

Global stocks rise as risk-on mood helps to support crude

https://blinks.bloomberg.com/news/stories/S8XU58T0AFB4

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