Rubrics Morning Comment 09.05.24
9th May 2024
• Fed’s Collins Says Reaching 2% Inflation Goal May Take Longer • New York Fed’s Perli Says Prudent to Slow Balance-Sheet Runoff • Trump Individual, Estate Tax Cut Renewal to Cost $4.6 Trillion • House Democrats Quash Ouster of Partisan Foe Speaker Johnson (2) more
Rubrics Morning Comment 08.05.24
8th May 2024
• Rents Set to Be Last Domino to Fall in Global Inflation Battle • Fed’s Kashkari Says Rates Likely on Hold for ‘Extended Period’ • Treasuries Remain Higher After Solid Three-Year Note Auction • Traders Weigh Next Move After Short Bond Wagers Scrapped more
Rubrics Morning Comment 07.05.24
7th May 2024
• Fed Says More Banks Tightened Loan Standards to Start 2024 (1) • Citigroup Sees Fed’s Balance-Sheet Runoff Extending Into 2025 • Fed’s Barkin Says Full Impact of High Interest Rates Yet to Come • Ken Griffin Still Sees Fed Cuts Ahead, Even If It’s December (1) more
Rubrics Morning Comment 03.05.24
3rd May 2024
• Traders Pull Forward First Fed Cut to November Ahead of Jobs (1) • US Labor Costs Rise by Most in a Year as Productivity Cools • Money-Fund Assets Rise to $6 Trillion for First Time in 3 Weeks • US Jobs Report to Show Continuing Streak of Big Employment Gains more
Rubrics Morning Comment 02.05.24
2nd May 2024
• Fed Flags Lack of Inflation Progress But Signals Hikes Unlikely • Fed to Slow Pace of Balance-Sheet Runoff Starting in June (1) • Jerome Powell Offered Markets a Reprieve. It Vanished in a Blink • US Factory Activity Shrinks With Price Gauge Highest Since 2022 more
Rubrics Morning Comment 01.05.24
1st May 2024
• Fed to Signal Delay of Interest-Rate Cuts: Decision-Day Guide • US Labor Costs Rise by Most in Year in Sign of Wage Pressures • US Consumer Confidence Slumps to Lowest Level Since July 2022 • Extreme Bond Market Shorts Gamble on a Hawkish Powell Pivot more
Rubrics Morning Comment 30.04.24
30th April 2024
• US Lifts Quarterly Borrowing to $243 Billion, Above Forecast (1) • TikTok, Tesla Show US-China Battle Over Data Is Just Beginning • White House Beefs Up Economic Team as Biden Vies for Second Term • Strong Jobs, More Housing: How Immigration Will Boost US Economy more
Rubrics Morning Comment 29.04.24
29th April 2024
• Fed’s Preferred Core Inflation Gauge Rose at Brisk Pace in March • Bond Rout Eases as Traders Find Relief in Key Inflation Readings • Fed Rate-Cut Debate Shifts From When Toward If on Inflation Data • US Debt-Sale Plan Seen Benefiting From Fed That ‘Stops Hurting’ more
Rubrics Morning Comment 26.04.24
26th April 2024
• US Economy Slows and Inflation Jumps, Damping Soft-Landing Hopes • Global Bonds Slide to Lowest Since November on Rate Jitters • US Yields Soar as Traders See Fed Delaying First Cut to December • US Demand Is Still Resilient, Even If GDP Doesn’t Show It more
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
