3rd November 2022

  • Powell Signals Smaller Rate Hikes Ahead on Path to Higher Peak

Fed could slow increase pace as soon as December, he says

Chair Powell calls any discussion of a pause ‘very premature’

https://blinks.bloomberg.com/news/stories/RKQN47T0G1KW

  • Fed Is Still Enemy No. 1 for Wall Street Traders Eyeing Up Bonds

Yields have scope to rise anew as Fed ramps up inflation fight

Yet higher fixed coupons are seen offsetting bond-price drops

https://blinks.bloomberg.com/news/stories/RKRC0HT0AFB4

  • Treasuries Yet to Price Fed Peak Rate in Pain Sign for Markets

Two-year yields still low relative to historic levels

Fed hawkishness risks increasing pressure on global bonds

https://blinks.bloomberg.com/news/stories/RKQY58T1UM0Y

  • US Holds Quarterly Debt Sales Steady, Ponders on Buybacks

Treasury quarterly refunding plan matches dealer expectations

Findings on buybacks to be shared in future refundings

https://blinks.bloomberg.com/news/stories/RKQ3ZBT0G1KY

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