1st August 2023

  • Fed Says US Banks Tightened Credit Further in Wake of Failures

Banks’ loan demand remained weak in the past quarter

Commercial real estate was a particular focus of tightening

https://blinks.bloomberg.com/news/stories/RYOBU6DWX2PS

  • Fed’s Goolsbee Says Next Rate Move Open Even as Inflation Eases

FOMC is ‘walking the line pretty well’ on easing price growth

‘Golden path’ is certainly possible at this point, he says

https://blinks.bloomberg.com/news/stories/RYNRIGDWRGG1

  • US Treasury Boosts Quarterly Borrowing Estimate to $1 Trillion

Department had previously estimated $733 billion for quarter

Treasury still restocking cash balance after debt-limit fight

https://blinks.bloomberg.com/news/stories/RYNWC1DWRGG0

  • Traders Brace for $102 Billion Wave of Treasury Bond Sales

Treasury’s quarterly refunding plan is due on Wednesday

Dealers see series of boosts to debt sales in coming quarters

https://blinks.bloomberg.com/news/stories/RYOCPPDWLU68

CLICK HERE TO READ THE FULL ARTICLE

For more information please contact Rubrics Asset Management. info@rubricsam.com.