10th November 2023

  • Treasury Yields Soar After Poor Auction, Powell Rate Comments

US 30-year yield climbs as much as 22 basis points on the day

Auction was more than 5 basis points cheaper than expected

https://blinks.bloomberg.com/news/stories/S3VFI4DWRGG0

  • Powell Says Fed to Be Careful, Won’t Hesitate to Hike If Needed

‘Not confident’ policy tight enough for 2% inflation: Powell

Fed chief says policymakers will continue to ‘move carefully’

https://blinks.bloomberg.com/news/stories/S3VIZYDWX2PS

  • Fed Officials Say Full Impact of Past Rate Hikes Is Yet to Come

‘Still not seeing the full effects,’ Richmond’s Barkin says

Atlanta’s Bostic says policy ‘likely sufficiently restrictive’

https://blinks.bloomberg.com/news/stories/S3V98NDWRGG0

  • ‘Dark Matter’ Bond Metric Mesmerizes Wall Street and Washington

Rising term premium stays Fed’s hand, alters Treasury issuance

Some say focus on measure makes predicting rate path harder

https://blinks.bloomberg.com/news/stories/S2U96YT0G1KW

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