Rubrics Morning Comment 06.12.23
6th December 2023
• Global Bond Rally Powers on as Rate Cut Bets Appear Everywhere; • Traders Show Doubts Fed Will Cut Rates as Fast as Now Expected; • Job Openings Hit Two-Year Low in Cooling to Be Welcomed by Fed; • Repo-Market Spikes Conjure Memory of September 2019 Turmoil more
Rubrics Morning Comment 05.12.23
5th December 2023
• Treasury Yields Jump as Data-Heavy Week Seen Testing Bull Run; • Goldman Favors Options to Counter 'Excessive' Rate-Cut Pricing; • Funding Market Squeeze Drives Repo Benchmark Rate to Record High; • JPMorgan Says Stocks Imperiled as Goldilocks Setup ‘Unrealistic’ more
Rubrics Morning Comment 04.12.23
4th December 2023
• Bond Euphoria Shifts to Debate Over How Low Fed Will Need to Go; • Bond Market Adds to Fed Easing Wagers Powell Calls Premature; • Powell Pushes Back on Rate-Cut Bets But Markets Push Back Harder; • Bill Gross Recession Bet Has Minted Millions From Bond Rally more
Rubrics Morning Comment 01.12.23
1st December 2023
• Fed Officials Shift Tone But Remain Wary of Rising Rate Cut Bets; • Fed, Main Central Banks Should Rethink Crisis Response, G30 Says; • Yellen Says Soft Landing Looks Good, Unemployment May Level Off; • Oil Holds Drop After ‘Voluntary’ OPEC+ Cuts Lead to Confusion more
Rubrics Morning Comment 30.11.23
30th November 2023
• Fed's 2024 Voters Signal No Urgency to Raise Interest Rates; • Fed’s Beige Book Shows Economic Slowdown as Consumers Pull Back; • Soft Landing Doubts Linger as Advanced-Economy Slowdown Deepens; • Fed’s Mester Says Policy in ‘Good Place’ to Assess Incoming Data more
Rubrics Morning Comment 29.11.23
29th November 2023
• Fed's Waller Signals Support for Keeping Interest Rates Steady; • Treasury Yields Slide After Fed's Waller Sounds Dovish Notes; • Global Bonds Surge Toward Best Month Since 2008 Financial Crisis; • Everywhere You Look, Rates Traders Are Piling Into Rate-Cut Bets more
Rubrics Morning Comment 28.11.23
28th November 2023
• Treasuries Add to Monthly Gains as Investors Flock to Auction; • Traders See as Much as 250 Basis Points of US Rate Cuts in 2024; • Economists See Stubborn US Core Inflation Keeping Rates Higher; • Cyber Monday Forecast Boosted After Record Holiday Sales more
Rubrics Morning Comment 27.11.23
27th November 2023
• Bond Market's Dramatic Recovery Seen as Prelude to Broader Gains; • US Money-Market Fund Assets Climb to Record $5.76 Trillion; • Black Friday Shoppers Set Online Spending Record, Adobe Says; • Oil Declines for Fourth Day on OPEC+ Intrigue and Risk-Off Tone more
Rubrics Morning Comment 24.11.23
24th November 2023
• Treasuries Feel Impact of European Sell-Off on Supply Concerns; • Oil Holds Decline as OPEC+ Dispute Clouds Outlook for Production; • Germany to Suspend Borrowing Limit Again After Budget Shock; • Euro-Area Business Weakness Increases the Odds of Recession more
Rubrics Morning Comment 23.11.23
23rd November 2023
• Initial Unemployment Claims in US Decline by Most Since June; • US Consumer Year-Ahead Inflation Expectations Rise Further; • Far-Right Leader Wilders Scores Shock Victory in Dutch Vote; • Nagel Says ECB Close to Peak Rate, Can’t Exclude Another Move more
