Rubrics Morning Comment 31.03.23
31st March 2023
• Fed Officials See More Work on Inflation Despite Bank Strains; • Cash Stashed in Funds Instead of Banks Fuels US Slump Risks; • Fed Foreign Repo Facility Use Falls as Bank Funding Strains Ebb; • Fed’s Emergency Loans to Banks Fall in Sign of Easing Turmoil more
Rubrics Morning Comment 30.03.23
30th March 2023
• Burned Bears Send Shorts in Biggest Treasury ETF Near Record Low; • Powell Pressed by GOP on Future Hikes, and He Cites the Dot Plot; • Moody’s Sees ‘Limited’ US Fiscal Fallout Unless Bank Woes Worsen; • Oil Holds Drop After Mixed Stockpile Report Signals Weak Demand more
Rubrics Morning Comment 29.03.23
29th March 2023
• Treasury Yields Advance as Banking Contagion Fears Ebb Further; • Traders Go Long Treasuries After Hedge Funds Unwind Short Bets; • US Short-Term Rates Are on the Rise Fueled by Fed, Quarter-End; • Economists Boost US Recession Odds on Higher Rates, Banking Woes more
Rubrics Morning Comment 28.03.23
28th March 2023
• Fed's Jefferson Says It Will Take Time to Curb High Inflation; • Oil Holds Surge as Supply Disruption Adds to Market Optimism; • JPMorgan’s Coleman Favors Junk Bonds If There’s a US Recession; • Senate Republicans Aim to Overturn Biden’s Student Loan Plan more
Rubrics Morning Comment 27.03.23
27th March 2023
• Fed's Kashkari Says Bank Strains Bring Recession Risk Closer; • First Citizens Buys Silicon Valley Bank After Run on Lender; • Oil Fluctuates After Weekly Gain as Slowdown Concerns Linger; • Credit Suisse Faces Possible Probe, Disciplinary Proceedings more
Rubrics Morning Comment 24.03.23
24th March 2023
• Yellen Says US Prepared for Additional Deposit Actions If Needed; • Gundlach Joins Powell-Is-Wrong Chorus Predicting Rate Cuts; • Credit Crunch Risks in Focus for Fed Traders as Cut Bets Build; • Banks Draw on Fed for $164 Billion for Second Straight Week more
Rubrics Morning Comment 23.03.23
23rd March 2023
• Fed Opts for Hike-and-See in Gamble Crisis Will Stay Contained; • Credit Risks Take Center Stage as Traders Boost Fed-Cut Bets; • Yellen Says US Not Considering ‘Blanket’ Bank Deposit Insurance; • Powell’s Own Guide to Recessions Shows Rate Cuts Are Coming more
Rubrics Morning Comment 22.03.23
22nd March 2023
• Fed Caught Between Inflation and Bank Crisis: Decision-Day Guide; • JPMorgan Says Treasuries Coping Amid Worst Liquidity Since 2020; • Central Banks May Cut Rates to Stay in Control, TS Lombard Says; • First Republic Rescue May Rely on US Backing to Reach a Deal more
Rubrics Morning Comment 21.03.23
21st March 2023
• Dovish Hike, or Hawkish Hold? Fed, Peers Must Choose Their Fear; • Central Banks Signal No Dash for Dollars in New Swap Lines; • JPMorgan’s Kolanovic Sees Increasing Chances of ‘Minsky Moment’; • Traders Get No Respite From Bond Volatility With Fed on Docket more
Rubrics Morning Comment 20.03.23
20th March 2023
• UBS to Buy Credit Suisse in $3 Billion Deal to Fight Crisis; • Fed and Global Central Banks Move to Boost Dollar Funding; • Risk Off Returns as Traders Gauge Response to Global Bank Crisis; • Case for Fed Pause Builds After Crisis-Echoing Move on Swaps more
