9th May 2022

  • Treasury Curve Steepens After Jobs Data With Real Yields Surging

Two-year yield slides nearly 12 basis points from day’s high

Curve extends steepening trend unleashed by FOMC decision

https://blinks.bloomberg.com/news/stories/RBH5Q8T0G1KY

  • Fed’s Barkin Declines to Take 75 Basis-Point Hike Off Table

Comments in MNI interview about potential jumbo-sized move

Kashkari says rates may need to rise above neutral level

https://blinks.bloomberg.com/news/stories/RBHBKVT0AFB7

  • Fed Can Still Achieve Soft Landing, Says UBS’s Jeremy Zirin

Inflation is likely peaking now, says the portfolio manager

‘In our base case, the economy slows. It doesn’t roll over’

https://blinks.bloomberg.com/news/stories/RBGL6YT1UM0W

  • U.S. Posts Robust Job Gains, Data Offer Mixed Inflation Signs

Payrolls advanced by 428,000 in April, matching prior month

Unemployment rate held at 3.6% while participation declined

https://blinks.bloomberg.com/news/stories/RBGQY6T0AFBA

CLICK HERE TO READ THE FULL ARTICLE

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