5th October 2022
- Fed Pivot Trade Sparks Again as Bonds Rally, Dollar Weakens
Treasury two-year yield dips below 4% as traders trim Fed bets
Softer JOLTS report boosts bonds, ahead of US payrolls Friday
https://blinks.bloomberg.com/news/stories/RJ8J0HT0G1KW
- Fed Telegraphs No Aussie-Style Policy Pivot in Inflation Battle
US central bank unlikely to follow RBA in slowing tightening
Markowska at Jefferies says ‘way too early’ for Fed down-shift
https://blinks.bloomberg.com/news/stories/RJ8GGJDWRGG0
- Dollar to Shake off RBA’s ‘Wag the Dog’ Moment, Strategists Say
Dollar was due for a ‘take-profit move,’ CIBC’s Bipan Rai says
Greenback strength gauge down 3% since last week’s record high
https://blinks.bloomberg.com/news/stories/RJ8XZGT0AFB7
- Extreme Treasury Positioning Shows Short Squeeze Has Room to Run
Hedge funds recently extended duration net short in futures
Options data suggest increased demand to cover short positions
https://blinks.bloomberg.com/news/stories/RJ73WWDWX2PV
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