8th January 2024

  • US Payrolls, Wages Pick Up in Jobs Report Dotted With Caveats

Employment rose 216,000 in December after 173,000 advance

Drop in participation rate among weaker elements of data

https://blinks.bloomberg.com/news/stories/S6SQ7CT0G1KW

  • Bond Traders Are Resolute on 2024 Fed Cuts as Data Whips Yields

Bets on lower US rates have proved resilient as year begins

Rates rose as much as 10 basis points Friday before moderating

https://blinks.bloomberg.com/news/stories/S6SLENT1UM0W

  • Logan Says Fed Should Slow Asset Runoff as Reverse Repo Dwindles

Fed shouldn’t rule out chance of another rate hike, Logan says

Dallas chief warns easing financial conditions may fuel demand

https://blinks.bloomberg.com/news/stories/S6ULELDWRGG0

  • Bond Traders Seize on 4% Yields, Confident Fed Rate Cuts Coming

Investors piled in after strong jobs data caused yield jump

Market faces next test with inflation data, 10-year auction

https://blinks.bloomberg.com/news/stories/S6X2VNDWRGG0

CLICK HERE TO READ THE FULL ARTICLE

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