Rubrics Morning Comment 08.03.23
8th March 2023
• Powell Unveils Hawkish Tilt as Officials Ready for March Meeting; • Deepest Bond Yield Inversion Since Volcker Suggests Hard Landing; • Global Investors Contemplate Fallout From US Rates Reaching 6%; • Inflation Dooms 60/40 Comeback as Stocks, Debt Move Together more
Rubrics Morning Comment 07.03.23
7th March 2023
• Retail Investors Grab Most Six-Month Bills in Nearly 30 Years; • Debt Ceiling Anxiety Tracker: T-Bills in Limbo and CDS Elevated; • Cleveland Fed Says Its Inflation Forecast Is Hitting the Mark; • Traders See Rare Shift Where Euro-Zone Inflation Risk Tops US more
Rubrics Morning Comment 06.03.23
6th March 2023
• Powell Set to Lay Groundwork for Higher Rates on Capitol Hill; • Bond Mavens Favor Curve Wagers for Next Encounter With Jobs Data; • Traders Hedge Risk of Half-Point Hike at Fed’s Next Meeting; • Alan Blinder Says He’s Betting Against Fed Raising Rates to 6% more
Rubrics Morning Comment 03.03.23
3rd March 2023
• Fed Officials Warn They May Need to Lift Rates to a Higher Peak; • Entire Treasury Market Yields at Least 4%, Now Including 30-Year; • QE Was a Giant Debt Swap. Governments Are on the Wrong End; • Fed’s Bostic Open to Seeking Higher Rate Peak If Data Stay Hot more
Rubrics Morning Comment 02.03.23
2nd March 2023
• Fed Officials Lean Into Higher Rates as Inflation Keeps Going; • Trader Doubles Money on Big 6% Fed Rate Bet as Unwind Begins; • Treasury 10-Year Yield Hits 4% as Bets on Fed Rate Peak Increase; • Oil Gains in Erratic Session as Record Exports Excite the Bulls more
Rubrics Morning Comment 28.02.23
28th February 2023
• Jefferson Rejects Arguments for Raising Fed's 2% Inflation Goal; • Oil Courts Fourth Monthly Loss as Activist Fed Eclipses China; • Yellen Says Fed Will Succeed in Its Battle Against Inflation; • Borrowers Storm Bond Market as Inflation Flare Spooks Buyers more
Rubrics Morning Comment 27.02.23
27th February 2023
• Bets on the Year of the Bond Are Still on Even as Losses Return; • IMF Urges Central Banks to ‘Stay the Course’ Till Prices Tamed; • US PCE Inflation Accelerates, Adding Pressure for More Fed Hikes; • Fed’s Jefferson, Mester Say Inflation May Persist, Ease Slowly more
Rubrics Morning Comment 24.02.23
24th February 2023
• US Unemployment Claims Drop to Lowest Level in Three Weeks; • Honky-Tonk Wage Hikes Keep the Pressure on Prices — and Powell; • US Fourth-Quarter GDP Revised Lower on Weaker Consumer Spending; • Summers Sees Signals of a Sharp Drop-Off in Economic Activity more
Rubrics Morning Comment 23.02.23
23rd February 2023
• Fed Inclined Toward More Hikes to Curb Inflation, Minutes Show; • Fed’s Williams Says Fed’s 2% Inflation Goal Key to Taming Prices; • Traders Bolster Bets on Fed and See June Hike as Near Certainty; • Faster Inflation Portends Higher Fed Peak Rate in Latest Survey more
Rubrics Morning Comment 22.02.23
22nd February 2023
• Global Bonds Set to Erase 2023 Gains as Pivot Hopes Wither; • Fed Minutes to Show Support Level for Larger Hikes, Higher Peak; • Treasury Yields Jump to New 2023 Highs as Fed-Hike Bets Increase; • Oil Extends Worst Run of Losses This Year Ahead of Fed Minutes more
