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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