Rubrics Morning Comment 23.03.23
23rd March 2023
• Fed Opts for Hike-and-See in Gamble Crisis Will Stay Contained; • Credit Risks Take Center Stage as Traders Boost Fed-Cut Bets; • Yellen Says US Not Considering ‘Blanket’ Bank Deposit Insurance; • Powell’s Own Guide to Recessions Shows Rate Cuts Are Coming more
Rubrics Morning Comment 22.03.23
22nd March 2023
• Fed Caught Between Inflation and Bank Crisis: Decision-Day Guide; • JPMorgan Says Treasuries Coping Amid Worst Liquidity Since 2020; • Central Banks May Cut Rates to Stay in Control, TS Lombard Says; • First Republic Rescue May Rely on US Backing to Reach a Deal more
Rubrics Morning Comment 21.03.23
21st March 2023
• Dovish Hike, or Hawkish Hold? Fed, Peers Must Choose Their Fear; • Central Banks Signal No Dash for Dollars in New Swap Lines; • JPMorgan’s Kolanovic Sees Increasing Chances of ‘Minsky Moment’; • Traders Get No Respite From Bond Volatility With Fed on Docket more
Rubrics Morning Comment 20.03.23
20th March 2023
• UBS to Buy Credit Suisse in $3 Billion Deal to Fight Crisis; • Fed and Global Central Banks Move to Boost Dollar Funding; • Risk Off Returns as Traders Gauge Response to Global Bank Crisis; • Case for Fed Pause Builds After Crisis-Echoing Move on Swaps more
Rubrics Morning Comment 16.03.23
16th March 2023
• Credit Suisse Taps $54 Billion in Central Bank Crisis Aid; • Cracks Spread Across US Bond Market as Bank Angst Hits Liquidity; • JPMorgan Joins Those Saying Cash in Bond Gains as Hikes Loom; • Rate-Hike Bets Evaporate as Global Bonds Surge Amid Bank Turmoil more
Rubrics Morning Comment 15.03.23
15th March 2023
• US Core CPI Tops Estimates, Pressuring Fed as It Weighs Hike; • Traders Once Again Betting Fed Is More Likely to Hike Than Not; • Fidelity, Schroders Win Big on Treasuries Bets as Markets Swoon; • Fast-Money Quants Bail From $200 Billion of Mistimed Bond Bets more
Rubrics Morning Comment 14.03.23
14th March 2023
• Bond Yields’ Plunge Is Biggest Since Volcker Era on Bank Worries; • The Great Hiking Cycle Is Seen as Done as Yields Drop Below Cash; • Fed Battle Plan for Inflation Shredded by Financial Turmoil; • Treasury Two-Year Yield Rebounds After Biggest Slide in Decades more
Rubrics Morning Comment 13.03.23
13th March 2023
• SVB Depositors Will Get All Their Money After Frantic Weekend; • Goldman Scraps March Rate Hike Call as Traders Unwind Fed Bets; • Bond Traders Dizzied as Market Lurches From Rout to Epic Rally; • Treasuries Gain From Asian Open as SVB Damps Hawkish Fed Bets more
Rubrics Morning Comment 10.03.23
10th March 2023
• Treasuries Surge as Bond Bulls Seize on Bank Fears, Jobless Data; • Bank Stocks Fall the Most Since 2020 in Wake of SVB’s Nosedive; • Osterweis's Vataru Says Fed Would Be Wrong to Boost Hiking Pace; • Big Bets Against US Rates Volatility Are Roiled by Shift on Fed more
Rubrics Morning Comment 09.03.23
9th March 2023
• Powell Softens Tone and Says March Hike Size Is Not Yet Decided; • US Economy Got a Strong Start in 2023, Fed’s Beige Book Says; • Treasury Inversion Deepens Even as Powell Keeps His Options Open; • Bond Market Rewrites Script for Rates in New Hard-Landing Threat more
