2nd July 2024

  • Wall Street Maps Out What a Trump Victory Would Mean for Bonds

Strategists see higher inflation, yields in a second term

US 30-year yield rate reaches highest level in a month

https://blinks.bloomberg.com/news/stories/SFYNF2DWX2PS

  • Trump Immunity Ruling Means Any Trial Before Election Unlikely

Justices split 6-3 along ideological lines on Trump’s bid

Majority tells lower courts to revisit over official conduct

https://blinks.bloomberg.com/news/stories/SFYSVGT0AFB4

  • Democrats Weigh Mid-July Vote to Formally Tap Biden as Nominee

Party could formally nominate Biden as early as July 21

President’s allies have pushed back on calls for replacement

https://blinks.bloomberg.com/news/stories/SFYX7DT0AFB4

  • JPMorgan Says Time to Take Profit on Bearish Treasuries Bets

Appropriate to reduce risk ahead of holiday-shortened week

US 5-year yields have climbed more than 20bps in past 3 weeks

https://blinks.bloomberg.com/news/stories/SFYX7KT1UM0W

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