3rd January 2024
- Treasuries Start Year on Back Foot as Global Rate-Cut Bets Ease
Yields on US, European government bonds rise at least nine bps
Move reflects doubts over scope of interest-rate cuts in 2024
https://blinks.bloomberg.com/news/stories/S6NI6VDWX2PS
- Fed’s Balance Sheet Leaps Into Spotlight After Repo Volatility
Use of reverse repo facility fell by $313.6 billion on Tuesday
Traders look to tool for clues on quantitative tightening path
https://blinks.bloomberg.com/news/stories/S6NCK9T0AFB4
- Oil Holds Decline With Risk-Off Tone Countering Red Sea Flare-Up
Traders rein in bets on scale of interest-rate reductions
Iran’s dispatch of warship challenges US dominance in waterway
https://blinks.bloomberg.com/news/stories/S6O8PPT1UM0W
- Iran’s Red Sea Power Play Raises Fears of Trade Disruption (3)
Tehran dispatched frigate as US-led task force battles Houthis
Attacks by Iran-backed Houthis have already disrupted shipping
https://blinks.bloomberg.com/news/stories/S6O2UUT1UM0W
CLICK HERE TO READ THE FULL ARTICLE
For more information please contact Rubrics Asset Management. info@rubricsam.com.