8th July 2022

  • Fed Hawks Back 75 Basis-Point July Hike, Still See Soft Landing

Waller, Bullard say restrictive policy needed to cool prices

Half-point increase ‘probably’ warranted in September: Waller

https://blinks.bloomberg.com/news/stories/REO2HWDWLU6O

  • US Jobs Report to Show ‘Natural Slowdown’ But Not Broad Weakness

Payrolls gain in June seen among smallest of pandemic recovery

Layoffs are historically low despite some high-profile cuts

https://blinks.bloomberg.com/news/stories/REKCICDWLU68

  • Bond Volatility Keeps Climbing and Investors Are Flummoxed

Barclays says the range of potential outcomes has widened

Correlation between rates and vols was a ‘lazy assumption’

https://blinks.bloomberg.com/news/stories/RENW1ZDWRGG0

  • Bond Market a Daily Roller Coaster as Tactical Trading Prevails

Intraday swings for 10-year Treasury rival March 2020 in size

Short-term traders run the show amid broad lack of conviction

https://blinks.bloomberg.com/news/stories/RENLRFDWX2PS

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