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
Rubrics Morning Comment 04.03.24
4th March 2024
• Fed’s Powell About to Double Down on ‘No Rush to Cut’: Eco Week • Fed Latest: Kugler Sees More Disinflation Without Labor Pains • Congress Unveils $436 Billion Plan to Fund Part of US Government • Wrong-Footed by Fed, Pimco to DWS Still Set to Buy Bonds on Dip more
Rubrics Morning Comment 01.03.24
1st March 2024
• Bond Market Rallies as Inflation Gauge Supports Rate-Cut Outlook • Rising Treasury Breakeven Rates Show Stirring Inflation Concern • Fed’s Preferred Inflation Metric Increases by Most in a Year • Congress Approves Interim Funds to Avert US Government Shutdown more
Rubrics Morning Comment 27.02.24
27th February 2024
•Treasuries Basis Trade Shows Signs of Waning, Deutsche Bank Says • US Corporate Bond Sales Hit $172 Billion to Set February Record • Fed’s Schmid Urges Patience on Cuts as Inflation Fight Goes On • Fed QT Gets Room to Run Longer as Funding-Market Pressures Abate more
Rubrics Morning Comment 26.02.24
26th February 2024
• Treasury Yields Retreat From 2024 Highs With Month-End in View • Fed’s Williams Says Rate Cuts ‘Likely Later This Year’ (1) • Top US Regulators Eye ‘Strong Supervision’ of Bank CRE Exposure • Fed’s Favored Inflation Gauge Seen Rising Most in Year: Eco Week more
Rubrics Morning Comment 23.02.24
23rd February 2024
• Treasury Yields Rise to Year’s High as Risk Appetite Gets Boost • Top Fed Officials Bolster Case for Patient Stance on Rate Cuts • Fed’s Jefferson Warns of Easing Too Much on Improving Inflation • Fed’s Harker Cautions Against Cutting Interest Rates Too Soon more
Rubrics Morning Comment 22.02.24
22nd February 2024
• Bond Traders Brace for Another US Selloff, Unwind Bullish Bets; • FOMC Minutes Suggest Fed Seeks Smallest Balance Sheet Possible; • Most Fed Officials Flagged Risks of Cutting Rates Too Quickly; • Fed’s Bowman Says That Time for Rate Cut Is ‘Certainly Not Now’ more
Rubrics Morning Comment 21.02.24
21st February 2024
• Markets Start to Speculate If the Next Fed Move Is Up, Not Down; • Fed Likely to Run QT Unabated While Liquidity Drain Continues; • Canada Bonds Surge as Inflation Slows More Than Forecast; • Hedge Fund That Beat Canada’s Market Is Gearing for Rate Cuts more
