7th March 2023

  • Retail Investors Grab Most Six-Month Bills in Nearly 30 Years

Noncompetitive bidders took $2.84 billion at Monday’s auction

Issue has been most vulnerable to Fed and debt ceiling risks

https://blinks.bloomberg.com/news/stories/RR3YQJT1UM0W

  • Debt Ceiling Anxiety Tracker: T-Bills in Limbo and CDS Elevated

Lack of clarity around crunch point means no clear bills kink

Treasury’s cash pile is dwindling and bill supply is being cut

https://blinks.bloomberg.com/news/stories/RQY6LSDWX2QA

  • Cleveland Fed Says Its Inflation Forecast Is Hitting the Mark

Research finds nowcasts more accurate than alternative models

Nowcast readings for CPI and PCE are updated each business day

https://blinks.bloomberg.com/news/stories/RR3X58T0AFB4

  • Traders See Rare Shift Where Euro-Zone Inflation Risk Tops US

Swaps show euro-area inflation above US in first since 2009

Fed outdoing ECB in aggressive moves to rein in rising prices

https://blinks.bloomberg.com/news/stories/RR49M0T0AFB4

CLICK HERE TO READ THE FULL ARTICLE

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