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
Rubrics Morning Comment 08.03.24
8th March 2024
• Biden Jump-Starts 2024 Race in State of the Union Aimed at Trump • Powell Says Fed ‘Not Far’ From Confidence Needed to Cut Rates • Powell Says US Banking System Can Withstand Threats From CRE • Fed’s Powell Skeptical of Inflationary Impact of Surge Pricing more
Rubrics Morning Comment 07.03.24
7th March 2024
• Wall Street Gets Big Win as Powell Floats Scrapping Capital Plan • Powell Reiterates Fed Needs More Confidence on Inflation to Cut • Fed’s Kashkari Sees Two Rate Cuts in 2024, Potentially Just One • Trump Dares Biden to Debate After Jilting Republican Rivals (1) more
Rubrics Morning Comment 06.03.24
6th March 2024
• Treasury Yields Slide After Softer-Than-Expected Services Gauge • US Services Growth Cools While Orders, Business Activity Pick Up • It Might Take a Decade to Boost Fed’s T-Bill Pile, Barclays Says • Trump, Biden Ride Super Tuesday Wins to 2024 Rematch Few Want more
Rubrics Morning Comment 05.03.24
5th March 2024
• Bostic Sees Fed Pausing After Just One Rate Cut in Third Quarter • Powell to Face Pressure on Rate Cuts, Capital Rules at Hearings • For Fed’s QT, There’s Now More to Think About Than Just Tapering • Use of RRP Likely to Remain Below $500 Billion in Days Ahead more
