7th December 2021
- Cracks Emerge in Treasury Bond Market as Fed Starts to Back Away
Fed is ending purchases that buoyed trading in off-the-runs
That’s spurred a revival of volatility and damaged liquidity
https://blinks.bloomberg.com/news/stories/R3PDZPT0G1KW
- Biden Weighs Russian Banking Sanctions If Putin Invades Ukraine
Currency trading, some bond buying could also be penalized
U.S. officials have warned Russia may attack Ukraine next year
https://blinks.bloomberg.com/news/stories/R3Q4XBT0G1KZ
- Congressional Leaders Eye Tying Debt Ceiling to Defense Bill
Details being negotiated; Hoyer calls maneuver ‘a possibility’
Schumer, McConnell have been negotating on debt limit impasse
https://blinks.bloomberg.com/news/stories/R3PXE7T0G1L4
- Oil Extends Gains Above $70 on Signs Omicron Concerns Overdone
Bids for first batch of U.S. strategic reserves lodged Monday
WTI climbs 1% after jumping almost 5% in previous session
https://blinks.bloomberg.com/news/stories/R3Q8X4T0G1KW
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