7th February 2023
- Bonds Tumble as Central Bankers Hammer Home Hawkish Message
Bonds extend Friday selloff, US two-year yield jumps 19 bps
Policymakers are trying to tamp down dovish bets in markets
https://blinks.bloomberg.com/news/stories/RPOIC9T1UM0W
- Fed’s Bostic Says Higher Peak Rate on Table After Jobs Blowout
Atlanta Fed chief says main job is controlling inflation
Bostic tells Bloomberg that the Fed may have more work to do
https://blinks.bloomberg.com/news/stories/RPOEI0T0AFB6
- Bond Traders Quickly Come Around to Fed’s View on Peak for Rates
Fed-dated swaps reflect 5.12% benchmark rate around midyear
SOFR options activity surges as traders pare bets on rate cuts
https://blinks.bloomberg.com/news/stories/RPOAAOT1UM10
- JPMorgan’s Kolanovic Calls Latest Stock Rally a Bear-Market Trap
Strategist warns disinflationary process could be ‘transitory’
Kolanovic expects two more Fed rate hikes in March and May
https://blinks.bloomberg.com/news/stories/RPOC02T0G1KY
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