4th August 2023

  • Bond Market on the Ropes Confronts Risk of Pivotal Jobs Report

Strength in data seen potentially leading Fed to hike again

Treasury market’s 2023 gains almost erased as yields soar

https://blinks.bloomberg.com/news/stories/RYUAWNT1UM0W

  • Surprise Steepening Is Treasury Pain Trade Few Had Anticipated

Thirty-year bonds are heading for their worst week this year

Nomura says it’s nervous about buying long end of yield curve

https://blinks.bloomberg.com/news/stories/RYUPU5DWLU68

  • Fed’s Barkin Says Inflation-Rate Drop May Be Soft-Landing Signal

June inflation data were a good sign, Richmond Fed chief says

Consumers remain resilient, he says, citing Barbie movie

https://blinks.bloomberg.com/news/stories/RYTHH2DWX2PS

  • US Service Sector Activity Expanded at Slower Pace in July

ISM service-sector index fell to 52.7 in July, est. 53.1

Gauges of employment, business activity declined, prices up

https://blinks.bloomberg.com/news/stories/RYTK2WDWLU68

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