Rubrics Morning Comment 11.09.23
11th September 2023
• Morgan Stanley Favors Treasuries in Clash With Wall Street Peers; • Fed Officials Grow More Hopeful They Can Achieve a Soft Landing; • Yellen ‘Feeling Very Good’ About US Sticking a Soft Landing; • Biden Doubts China Able to Invade Taiwan Amid Economic Woes more
Rubrics Morning Comment 08.09.23
8th September 2023
• Fed’s Williams Says Policy in Good Place, Must Be Data Dependent; • US Initial Jobless Claims Slide to Lowest Level Since February; • Canada’s Macklem Says Victory Over Inflation Is ‘In Sight’; • Logan Says Fed May Need to Hike Rates Again After September Skip more
Rubrics Morning Comment 07.09.23
7th September 2023
• Fed Officials Set to Double Growth Forecast Amid Strong Data; • US Service Gauge Rises to Six-Month High, Topping All Forecasts; • Fed Beige Book Shows Slow Activity, Hiring Growth in Peak Summer; • JPMorgan’s David Kelly Says Another Fed Hike Would Be Dangerous more
Rubrics Morning Comment 06.09.23
6th September 2023
• Fed’s Waller Signals He Supports Skipping Rate Hike in September; • Fed QT Is ‘Painless’ at $1 Trillion Mark, With Bigger Test Ahead; • Rate Hikes Curb Output for at Least a Decade, SF Fed Study Finds; • Oil Tests November High After OPEC+ Leaders Extend Supply Cuts more
Rubrics Morning Comment 05.09.23
5th September 2023
• Oil Holds Advance as Traders Wait for Next OPEC+ Moves on Supply; • Fed’s Bostic Says US Faces a Shaking Out on Debt Refinanced; • Europe’s Real Rates Fuel Speculation Over Faster ECB Bond Runoff; • Lagarde Keeps ECB Rate Suspense, Favoring Action Over Words more
Rubrics Morning Comment 04.09.23
4th September 2023
• US Jobs Report Signals Smooth Downshift in Labor Market; • From BlackRock to Pimco, Bond Investors Bet Fed Hiking Is Over; • Fed’s Mester Says Inflation Too High, Job Market Still Strong; • Fed Short-Term Investment Facility Loses Ground to Alternatives more
Rubrics Morning Comment 01.09.23
1st September 2023
• Fed’s Preferred Inflation Gauges Rise Modestly, Spending Jumps; • Wanted: 4.5% Yield on 10-Year Treasury Before Skeptics Buy; • Hedge Fund Basis Trade ‘Probably’ Back and Posing Risk, Fed Says; • Yellen Heads to India for G-20 Summit as World Frets Over China more
Rubrics Morning Comment 31.08.23
31st August 2023
• US Economy Makes Limited Progress While Companies Temper Hiring; • Fed’s Bostic Urges Caution to Avoid Inflicting Unnecessary Pain; • Oil Edges Up as Traders Take US Crude Stockpile Drop in Stride; • Rising Stock Prices Threaten Progress on Powell Inflation Gauge more
Rubrics Morning Comment 30.08.23
30th August 2023
• Treasuries Surge as Weak Data Prompts Paring of Rate-Hike Wagers; • Surge in Hedge-Fund Treasury Shorts Hints at Rise of Basis Trade; • US Home Cash-Out Refinancing Lowest Since 2000 After Fed Hikes; • More Americans Plan Vacations, Even as They Sour on the Economy more
Rubrics Morning Comment 28.08.23
28th August 2023
• Powell Signals Fed Will Raise Rates If Needed, Keep Them High; • Treasuries Wooing Buyers as Juicy Yields Offset Powell Warning; • Powell Has Bond Traders Right Where He Wants Them: Full of Doubt; • Bond Market Losses Are Finally Over Unless Yields Surpass 6% more
