10th March 2023
- Treasuries Surge as Bond Bulls Seize on Bank Fears, Jobless Data
Two year Treasury yield set for biggest 2-day slide since June
Little strength in jobs report seen spurring large rate hike
https://blinks.bloomberg.com/news/stories/RRA8Z7T0G1KX
- Bank Stocks Fall the Most Since 2020 in Wake of SVB’s Nosedive
‘Is this the dam that has burst?’ DA Davidson’s Tenner asks
JPMorgan, Bank of America and Wells Fargo all drop 5% or more
https://blinks.bloomberg.com/news/stories/RR9UY7T0G1L0
- Osterweis’s Vataru Says Fed Would Be Wrong to Boost Hiking Pace
Vataru sees risk of an ‘overly restrictive policy error’
Markets speculating Fed will re-accelerate pace of tightening
https://blinks.bloomberg.com/news/stories/RRA04JT1UM1A
- Big Bets Against US Rates Volatility Are Roiled by Shift on Fed
Traders plowed into options betting on less volatile market
But expectations for more aggressive Fed posing a threat
https://blinks.bloomberg.com/news/stories/RR9BWFT0G1KX
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