5th December 2023

  • Treasury Yields Jump as Data-Heavy Week Seen Testing Bull Run

Swaps indicate expectations of around 1.25% in cuts for 2024

Health of jobs sector set to dictate Treasury yield shifts

https://blinks.bloomberg.com/news/stories/S55PD1DWRGG0

  • Goldman Favors Options to Counter ‘Excessive’ Rate-Cut Pricing

Firm recommends selling a call option in June SOFR Options

Leveraged positions in SOFR futures hit record long: CFTC data

https://blinks.bloomberg.com/news/stories/S55CHTT0AFB4

  • Funding Market Squeeze Drives Repo Benchmark Rate to Record High

SOFR fixed at 5.39% as of Dec. 1 from 5.33%: New York Fed

That’s the highest since it started publishing in April 2018

https://blinks.bloomberg.com/news/stories/S55AA9DWRGG0

  • JPMorgan Says Stocks Imperiled as Goldilocks Setup ‘Unrealistic’

Lakos-Bujas voices caution as slowdown threatens earnings

‘Blue moon-type’ utilities are his top recommendation

https://blinks.bloomberg.com/news/stories/S4YD6OT1UM0W

CLICK HERE TO READ THE FULL ARTICLE

For more information please contact Rubrics Asset Management. info@rubricsam.com.