Rubrics Morning Comment 20.02.24
20th February 2024
• Biden Willing to Meet Johnson to Discuss Ukraine, Israel Aid • Goldman Gauges Show Why Biden’s Benefit From Economy in Doubt • US Bid to Loosen China’s Grip on Key Metals for EVs Is Stalling • South China Sea Tensions May Rise If Trump Wins, ING Says more
Rubrics Morning Comment 19.02.24
19th February 2024
• Cracks Start to Emerge in Global Central Bank Synchronicity; • US Producer Prices Increased by More Than Forecast in January; • Treasury Yields Reach Year-to-Date Highs as Rate-Cut Hopes Wane; • Bond Traders Hit by Rate-Cut Bets See a Chance to Lock In Yields more
Rubrics Morning Comment 16.02.24
16th February 2024
• Fed's Bostic Says May Take 'Some Time' to Hit Rate-Cut Threshold; • Bond Market Jolted as Retail Sales Slump Complicates Fed’s Task; • Fed’s Reverse Repo Facility Usage Dips Below $500 Billion; • Oil Holds Large Gain as Equity Market Surge Eclipses IEA Warning more
Rubrics Morning Comment 15.02.24
15th February 2024
• Barr Says He Supports Powell's Careful Approach to Rate Cuts; • Yellen Discussed Russian Asset Seizure With European Leaders; • ECB’s Nagel Says History Suggests Worse to Cut Rates Too Early; • ECB’s Lagarde Warns Against Hasty Decision on Rate Cuts more
Rubrics Morning Comment 14.02.24
14th February 2024
• US Inflation Tops Forecasts in Blow to Fed Rate-Cut Hopes; • Global Bonds Erase All Gains Since Powell's Pivot in December; • Traders Pull Back Bets on Fed Interest-Rate Cuts Before July; • ‘Dominant’ Treasury Market Longs Face Vital Threat more
Rubrics Morning Comment 13.02.24
13th February 2024
• Great Inflation Hedge Unwind Sees TIPS ETFs Lose $43 Billion; • Fed’s Barkin Warns Businesses May Be Slow to Give Up Price Power; • Surging New York Gasoline Futures Threaten to Boost Pump Prices; • Citigroup Says Traders Need to Price in Risk of Future Fed Hikes more
Rubrics Morning Comment 12.02.24
12th February 2024
• Logan Says Fed Should Take Time to Assess More Data Before Cuts; • US CPI Revisions Confirm Inflation Progress at End of 2023; • US CPI Response Rate Stays Weak, Raising Questions on Data; • Bond Traders Cave to the Fed by Dialing Back Their Rate-Cut Bets more
Rubrics Morning Comment 09.02.24
9th February 2024
• Treasury 30-Year Bond Sale Finds Buyers to Crown Good Refunding; • Bond Traders Bet Big on Market Calm During Wait for Fed Move; • Barkin Says Fed Has Time to Be Patient on Cutting Interest Rates; • Yellen Eyes Nonbank Mortgage Lenders, Warns of Potential Failure more
Rubrics Morning Comment 08.02.24
8th February 2024
• Treasury's Biggest-Ever 10-Year Auction Garners Solid Demand; • Fed’s Collins Sees Rate Cuts Coming ‘Later This Year’; • Fed Officials Add to Chorus Tempering Hopes for Rate Cuts Soon; • NY Fed’s Remache Says Return to Pre-Covid Balance Sheet Unlikely more
Rubrics Morning Comment 07.02.24
7th February 2024
• Mester Says Fed Should Gain Confidence to Cut 'Later This Year'; • Fed’s Harker Says US Nearing Soft Landing as Inflation Falls; • NYCB Cut to Junk by Moody’s as Stock Hits Lowest Since 1997; • Treasury Auction Calms Nerves Before Record 10-Year Note Sale more
