Rubrics Morning Comment 09.04.24
9th April 2024
• Treasury Yields at Year’s Highs Draw Buyers Despite Fed Rethink • Yen Intervention Risk Puts Focus on Fed’s Swelling Cash Pile • Biden Details Student Loan ‘Plan B’ as He Woos Young Voters (1) • Bullard Says Three Fed Rate Cuts This Year Is ‘Base Case’ (2) more
Rubrics Morning Comment 08.04.24
8th April 2024
• Bond Traders See 4.5% Yields as Next Test as Focus Shifts to CPI • US Jobs Roar Again as Payrolls Jump 303,000, Unemployment Drops • Fed’s Logan Says ‘Much Too Soon’ to Think About Cutting Rates • Biden Raises $90 Million, Widens Fundraising Lead Over Trump (2) more
Rubrics Morning Comment 05.04.24
5th April 2024
• Trump Loses Bid to Toss Georgia Case on Free Speech Grounds (1) • Fed’s Kashkari Floats Possibility of No Rate Cuts This Year • Fed Latest: Mester Says Fed Close to Confidence Level for Cuts • US Jobs Report Is Set to Show a Slower Pace of Hiring, BE Says more
Rubrics Morning Comment 04.04.24
4th April 2024
• Powell Says Fed Has Time to Assess Data Before Deciding to Cut • US Services Growth Cools as Price Gauge Drops to Four-Year Low • Fed’s Bostic Expects One Rate Cut This Year, in Fourth Quarter • Fed’s Kugler Says Lower Rates This Year Likely Appropriate more
Rubrics Morning Comment 03.04.24
3rd April 2024
• Bond Traders Load Up on Bearish Wagers as Rate-Cut Odds Dwindle • Fed Officials Say Three Rate Cuts a Reasonable Baseline for 2024 • Bond Market Sees Fewer Rate Cuts Than Fed, Deepening Losses (4) • Biden, Xi Spoke by Phone About AI Risks, Russia and Fentanyl (1) more
Rubrics Morning Comment 02.04.24
2nd April 2024
• June Rate-Cut Odds Dip Below 50% as Strong ISM Data Sinks In • US Manufacturing Activity Expands for First Time Since 2022 • Biden Risks Losing Gen Z Voters Over the Economy and Rising Debt • Key Gauges of US Economy Advanced at Healthy Clip to End 2023 more
Rubrics Morning Comment 28.03.24
28th March 2024
• Waller Says Fed Should Delay or Reduce Cuts After New Data (1) • US Credit Rating Affirmed at AA+ by S&P With Stable Outlook (3) • Bank Liquidity Rules Should Be Tightened, Ex-Fed Officials Say • Yellen Sounds Alarm on China ‘Global Domination’ Industrial Push more
Rubrics Morning Comment 27.03.24
27th March 2024
• Baltimore Bridge Collapse Reverberates From Cars to Coal (1) • US Faces Inflationary Risks From China Factory Boom, NY Fed Says • Bond Managers Unwind Bullish Futures Bets to Lowest Since July • US Durable Goods Orders Rise for First Time in Three Months more
Rubrics Morning Comment 26.03.24
26th March 2024
• Trump Vows to Pay Fraud Trial Bond Cut by 68% to $175 Million • Trump-Tied SPAC Jumps 35% as New Firm Set to Trade Tuesday (3) • JPMorgan Says April Tax Season to Shed Light on Fed’s QT Path • Fed’s Cook Emphasizes Need for ‘Cautious’ Approach to Rate Cuts more
Rubrics Morning Comment 25.03.24
25th March 2024
• Burned Before, Bond Markets Resume Rate-Cutting Trades Worldwide • All-Tolerant Powell Sends Wall Street Bulls Into a Buying Frenzy • Fed’s Bostic Now Anticipates Just One Rate Cut This Year • Powell Ready to Support Job Market Even If Inflation Lingers more
