Rubrics Morning Comment 25.04.24
25th April 2024
• High Yields Lure Buyers as US Sells $180 Billion of Treasuries • US GDP Report Set to Highlight Immigration-Driven Economic Boom • Treasuries Ebb With Global Bonds Ahead of Record US Auction • US Births Fell Last Year to Lowest Total Since 1979, Report Says more
Rubrics Morning Comment 24.04.24
24th April 2024
• US Senate Passes Ukraine Aid, Arms Shipments to Resume in Days • Traders Add Bets That Fed to Skip Interest-Rate Cuts This Year • New US Home Sales Jump to Highest Level Since September • US Business Activity Expands at Slowest Pace in Four Months more
Rubrics Morning Comment 23.04.24
23rd April 2024
• China Condemns US’s Overcapacity Claim Just Before Blinken Visit • BlackRock’s Rieder Sees Scope for Two Fed Rate Cuts This Year • Student-Loan Interest Rates Set to Reach Great Recession Highs • JPMorgan’s Kolanovic Says ‘Correction’ in US Stocks Isn’t Over more
Rubrics Morning Comment 22.04.24
22nd April 2024
• US Aid Gives Kyiv Respite But Battlefield Shift Remains Far Off • Dollar’s Extended Reign Delivers Stark Wake-Up Call for Markets • Bond Traders Look to Record Auction for Sign 5% Yield Is Peak • Fed’s Preferred Price Gauge to Back Rate-Cut Patience: Eco Week more
Rubrics Morning Comment 19.04.24
19th April 2024
• Treasuries Rebound as Middle East Risk Fans a Bid for Havens • Oil Pares Advance After Iranian Media Downplays Israel’s Attacks • US Jobless Claims Hold Steady in Sign of Resilient Labor Market • Some Hedge Funds Too Big to Fail for Bond Market, IMF Says (2) more
Rubrics Morning Comment 18.04.24
18th April 2024
• High Yields Lure Buyers to US Treasuries, Including 20-Year Sale • Inflation’s Stubborn Start to 2024 Blamed Partly on Powell Pivot • Powell’s US Rates Warning Means Headaches for Rest of the World • Mester Says Fed Can Hold Rates Steady, Not In a Hurry to Cut (1) more
Rubrics Morning Comment 16.04.24
16th April 2024
• US Retail Sales Top Forecasts as Consumers Keep Fueling Growth • Fed’s Daly Says No Urgency to Cut, Policy in a Good Place • Fed’s Williams Still Expects Rate Cuts to Begin This Year • Fed Hiking Rates to 6.5% Is ‘Real Risk’ for UBS Strategists more
Rubrics Morning Comment 15.04.24
15th April 2024
• Iran’s Attack on Israel Sparks Race to Avert a Full-Blown War (1) • Treasuries’ Haven Role Faces Pressure From Oil Price Impact (1) • Markets Weigh Risk of Retaliation Cycle Following Iran’s Attack • Chorus of Fed Officials Emphasizes No Urgency to Lower Rates more
Rubrics Morning Comment 12.04.24
12th April 2024
• Bond Traders Shift Thinking to a 5% Yield, No-Rate-Cut World (2) • Fed’s Main Inflation Gauge to ‘Calm Some Nerves’ After CPI (1) • Tax Deadline Is Pivotal for Funding Markets, Fed’s Balance Sheet • Fed’s Collins Says Data May Warrant Later, Fewer Cuts This Year more
Rubrics Morning Comment 11.04.24
11th April 2024
• US Inflation Refuses to Bend, Fanning Fears It Will Stick (1) • Traders See Fed Waiting Until After Summer to Cut as Yields Soar • Biden Predicts Fed Will Cut Rates Despite High Inflation (1) • One Cut, Then Five, Then Two: Goldman’s Calls Roiled by CPI (2) more
