6th May 2022

  • Global Bonds Hammered Ahead of Jobs Report as Market Doubts Fed

Aussie debt gyrates toward worst week since February 2021

Traders look to jobs report for signs of inflation pressures

https://blinks.bloomberg.com/news/stories/RBG4RRT1UM0W

  • Excess Liquidity to Keep Rates in U.S. Funding Markets Tethered

Robust tax receipts, slower Fed unwind means cash will remain

Treasury bills to keep trading at a premium, RRP usage to rise

https://blinks.bloomberg.com/news/stories/RBF309T1UM0W

  • Recession Risk Is Message of Market Turmoil, BMO’s Lyngen Says

Bond yields surge, stocks tumble on concerns about outlook

Shows doubts Fed will engineer a soft landing, Lyngen says

https://blinks.bloomberg.com/news/stories/RBFCTPDWLU6K

  • Ex-Fed Vice Chair Clarida Says Rates Must Rise to at Least 3.5%

Expeditiously getting to neutral not enough to cool inflation

Asset-rundown effect on financial conditions to influence move

https://blinks.bloomberg.com/news/stories/RBF6DFT0AFB7

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