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
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