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
Rubrics Morning Comment 22.03.24
22nd March 2024
• Global Inflation Scare Fades as SNB Leads Advance Party for Fed • US Manufacturing Activity Expands by Most Since June 2022 • Summers Criticizes Fed for Having ‘Itchy Fingers’ on Rate Cuts • Biden Set to Award Billions to Decarbonize US Heavy Industries more
Rubrics Morning Comment 21.03.24
21st March 2024
• Fed Signals Three Cuts Still Likely, Despite Inflation Uptick • Powell Says It’ll Soon Be Appropriate to Slow Pace of QT (2) • Congress Unveils $1.2 Trillion Plan to Fund Agencies to Sept. 30 • Traders Get ‘Goldilocks’ Outlook From Fed and Drive Up Markets more
Rubrics Morning Comment 20.03.24
20th March 2024
• Bond Short Bets Pile Up on Fear the Fed Will Dash Rate-Cut Hopes • ‘Gloriously Wrong’ Dollar Bets Derailed by Synced Central Banks • Fed to Give Fresh Clues on Path of Rate Cuts: Decision-Day Guide • Funding Market Signals Fed Officials Have Some Time to Ponder QT more
Rubrics Morning Comment 19.03.24
19th March 2024
• US Two-Year Yield at 2024 High as Goldman Resets Fed Outlook • US Lawmakers Reach Deal to Keep Government Open Through Sept. 30 • Fed Crushes Household Net Interest Income in Break From Past (1) • More Americans Doubt They’ll Get Approved for Auto, Home Loans more
Rubrics Morning Comment 15.03.24
15th March 2024
• Treasury Yields Surge as Inflation Sows Doubt on Rate Cuts • US Producer Prices Jump, Adding to Signs of Persisting Inflation • Fed Gets More Reasons to Delay Rate Cuts in Latest Data (1) • Bond Traders Prep for Dot Plot, With Three Cuts in Question (1) more
Rubrics Morning Comment 14.03.24
14th March 2024
• Yellen Says Rates ‘Unlikely’ to Return to Pre-Covid Levels (1) • Yellen Says Flattening Rents to Deliver More US Inflation Relief • Rogoff Says Biden, Trump Favor ‘Blowing Up’ Debt, Low Rates Over • Trump Judge in Georgia Case Tosses Some Counts Against Him (4) more
Rubrics Morning Comment 13.03.24
13th March 2024
• US Core Inflation Tops Forecasts Again, Reinforcing Fed Caution • Basis Trade Is Seen Dwindling as Asset Managers Pivot to Credit • Griffin Says Fed Must Go Slow to Avoid ‘Devastating Course’ (1) • Trump Wins Republican Nomination, Setting Up Rematch With Biden more
Rubrics Morning Comment 12.03.24
12th March 2024
• US CPI Won’t Inspire Fed to Cut Rates, Bloomberg Economics Says • End of Fed Tool That Buoyed US Banks Puts Reserves in Spotlight • Jamie Dimon Warns US Recession ‘Not Off the Table’ Yet (2) • Biden’s $7.3 Trillion Budget Sets Up Tax Fight With Trump (1) more
Rubrics Morning Comment 11.03.24
11th March 2024
• US Jobless Rate Hits Two-Year High Even as Hiring Stays Strong • Two-Year Treasuries Gain as Jobs Data Boost Bets on June Fed Cut • Traders Are on Alert for a Hotter-Than-Expected Inflation Print • Fed Officials to Signal Interest Rate Cuts Are Getting Closer more
