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.