3rd April 2024
- Bond Traders Load Up on Bearish Wagers as Rate-Cut Odds Dwindle
JPMorgan survey shows biggest outright short bets since Jan. 1
In futures, bearish positions fueled Monday’s Treasuries slide
https://blinks.bloomberg.com/news/stories/SBBKPRDWX2PT
- Fed Officials Say Three Rate Cuts a Reasonable Baseline for 2024
San Francisco’s Daly says ‘no urgency to adjust’ at the moment
Cleveland Fed’s Mester wants more evidence of easing inflation
https://blinks.bloomberg.com/news/stories/SBBUCRDWRGG0
- Bond Market Sees Fewer Rate Cuts Than Fed, Deepening Losses (4)
Traders no longer price in three quarter-point cuts in 2024
Most Treasury yields reach year-to-date highs as rout extends
https://blinks.bloomberg.com/news/stories/SBBXJPDWLU68
- Biden, Xi Spoke by Phone About AI Risks, Russia and Fentanyl (1)
US president expected to urge more efforts to combat fentanyl
China’s cooperation sought on Ukraine war, Middle East turmoil
https://blinks.bloomberg.com/news/stories/SBCHTQDWLU68
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