8th October 2021

  • Big Short Builds in U.S. Bonds on Wariness of Convexity Trigger

Rising Treasury yields approach zone where many would sell

Inflation risk has pushed 10-year Treasury yield above 1.50%

https://blinks.bloomberg.com/news/stories/R0MC3QT0AFB7

  • Short-Term Increase in U.S. Debt Ceiling Passes Senate

Legislation would raise government’s debt limit through Dec. 3

Vote ends weeks of partisan stand-off, House to vote Tuesday

https://blinks.bloomberg.com/news/stories/R0N44CT1UM0X

  • Record Share of Small Businesses in U.S. Report Job Vacancies

NFIB says 51% of small firms had open positions in September

Unprecedented share reported raising worker compensation

https://blinks.bloomberg.com/news/stories/R0MA4WT1UM11

  • Oil Heading for Seventh Weekly Advance With WTI Nearing $80

U.S. Energy Department has no plans to tap crude oil reserves

WTI futures up more than 4% for the week amid energy crunch

https://blinks.bloomberg.com/news/stories/R0N4QBT1UM0X

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