11th June 2024

  • Fewer Job Promotions Leave Entry-Level US Workers ‘High and Dry’

Lack of churn in US workforce isn’t opening jobs for new grads

ADP data show promotions have dropped off from 2022 high

https://blinks.bloomberg.com/news/stories/SEV6JJDWLU69

  • Zero-Coupon Bond Pile Balloons to Near Half-a-Trillion Dollars

US Treasuries rallied in May saw demand for long-duration debt

Strong US jobs data limited hopes for Fed rate cuts this year

https://blinks.bloomberg.com/news/stories/SEVDUNDWLU68

  • Bond Traders Will Follow the New Fed Dots All the Way Into 2025

Options bets pick up that rates stay elevated into March 2026

Traders have priced less 2024 cuts since last Fed dot plot

https://blinks.bloomberg.com/news/stories/SEPQ4YDWLU68

  • JPMorgan Warns of a Shock to Stock Market’s Calm From CPI, Fed

Bank’s trading desk lays out scenarios for inflation data

Citi sees rising implied volatilities for CPI, rates decision

https://blinks.bloomberg.com/news/stories/SEV55CDWLU68

CLICK HERE TO READ THE FULL ARTICLE

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