8th December 2020

  • Constrained Fed, Leery Dealers May Hurt Bonds’ Utility as Hedge

Bank for International Settlements discusses topic in paper

U.S. Treasuries’ effectiveness as equity hedge has eroded: BIS

https://blinks.bloomberg.com/news/stories/QKTGGRDWX2PS

  • Virus-Aid Talks Slow as Congress Extends Spending-Bill Deadline

Negotiators working on legislative language for Covid-19 aid

Package would be attached to giant spending bill for 2021

https://blinks.bloomberg.com/news/stories/QKZQ0XT0AFB7

  • Bank-Driven Squeeze in Funding Markets Emerges as Stocks Rise

Lenders are looking to counteract rise in regulatory scores

Consequences seen in currency, swap and collateral markets

https://blinks.bloomberg.com/news/stories/QKZMJQT1UM0Z

  • Oil Drops Toward $45 With Virus Surge Tempering Vaccine Optimism

U.S. has almost 2,000 Covid-19 hospitalizations per day

WTI declines 1.1% after dropping by the same amount Monday

https://blinks.bloomberg.com/news/stories/QL0FEVT0G1L4

CLICK HERE TO READ THE FULL ARTICLE

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