Rubrics Morning Comment 24.10.23
24th October 2023
• Ackman, Gross Abandon Bearish Bond View as Yields Bounce Off 5%; • US Bonds Bounce Off 5% as Traders Digest Highest Rates Since ‘07; • New Age for Treasuries Means 6% Yield Isn’t ‘Out of the Picture’; • Fed Officials Likely Less Perturbed Than Markets by 5% Yields more
Rubrics Morning Comment 23.10.23
23rd October 2023
• Traders Scrap Bets on November Fed Move as Historic Short Cracks; • Record Treasury Bets Build as Traders Split on Fed Rate Outlook; • Wild Treasuries Swings Just Starting as Bond Traders ‘Buckle Up’; • Fed’s Mester Says Rates Are at or Near the ‘Holding Point’ more
Rubrics Morning Comment 20.10.23
20th October 2023
• Powell Signals Fed to Stay on Hold and Keep Future Hike on Table; • Fed's Logan Says Higher Yields Allow More Time to Watch Economy; • Fed’s Harker Repeats He Favors Holding Rates as He Watches Data; • Fed’s Goolsbee Hopeful US Can Avoid Recession Despite Rate Hikes more
Rubrics Morning Comment 19.10.23
19th October 2023
• Treasury Yields Stall at Historic Highs After Solid Bond Auction; • Fed’s Beige Book Sees US Outlook as Stable or Slightly Weaker; • Waller Says Fed Can ‘Watch and See’ If More Rate Hikes Needed; • Williams Says Fed Needs to Be Restrictive ‘For Some Time’ more
Rubrics Morning Comment 18.10.23
18th October 2023
• US Retail Sales Top Forecasts in Sign of Durable Consumer Demand; • Treasury Two-Year Yield Hits Highest Since 2006 on Fed Hike Bets; • US Economic Data Keep Coming In Stronger and Defying Forecasts; • Barkin Says Fed Has Time to See If More Needed to Tame Inflation more
Rubrics Morning Comment 17.10.23
17th October 2023
• Long-End Treasuries Fluctuate by Most Since 2020 Pandemic Onset; • BlackRock Tweaks Treasuries View After Sharp Run-Up in Yields; • Harker Says Fed Should Stop With US Small Businesses Struggling; • Oil Steadies as Biden Commits to Israel Trip to Contain Crisis more
Rubrics Morning Comment 16.10.23
16th October 2023
• Time Is Running Out for the 'Year of the Bond' as Losses Mount; • Turbulent Bond Market Offers a Fleeting Glimpse of Cycle’s End; • Bonds Are Becoming More Volatile Than Stocks by Most on Record; • Bullard Says May Need More Fed Hikes If Inflation Quickens Pace more
Rubrics Morning Comment 13.10.23
13th October 2023
• Bond Rout Reignites, Unleashing Worst Day Since 2020 Turmoil; • US Consumer Prices Rise at Brisk Pace for Second Straight Month; • Fed to Keep Hike on Table This Year After Services Prices Rise; • Higher Funding Costs Add Stress as Banks Ready Earnings Reports more
Rubrics Morning Comment 12.10.23
12th October 2023
• Fed Minutes Flag High Rates for 'Some Time' While Risks Shift; • Bond Traders Are Starting to Bail on Winning Yield-Curve Bets; • Harvard’s Rogoff Sees Higher Rates, Yields Staying for Long Time; • Traders Pile Into Wagers That Fed Is Done Hiking Interest Rates more
Rubrics Morning Comment 11.10.23
11th October 2023
• Fed's Bostic Says Rates Now High Enough to Lower Inflation to 2%; • Kashkari Says Yields' Impact on Fed Rate Outlook Is Unclear; • Fed’s Daly Says Neutral Interest Rate Could Be as High as 3% Now; • IMF Warns of Stubborn Inflation, Weak Global Growth in 2024 more
