11th October 2022
- Brainard Offers Case for Caution as Fed Hikes Rates Aggressively
Fed vice chair says uncertainty high, watching global risks
Says Fed policy will have to be restrictive for some time
https://blinks.bloomberg.com/news/stories/RJJVV4T0AFB5
- Global Bonds Slide on Risk Inflation Data Will Support Fed Hawks
A Bloomberg index of global bond prices tumbles to record low
Treasury two-year yields climbed to highest since 2007
https://blinks.bloomberg.com/news/stories/RJKMWJT1UM0W
- The Most Powerful Buyers in Treasuries Are All Bailing at Once
Fed, foreign governments, commercial banks all stepping back
More pain for bond investors may be in store amid buyer void
https://blinks.bloomberg.com/news/stories/RJK8VBT0G1KZ
- ‘Fragile Liquidity’ in Bond Market Could Threaten Fed’s QT Plans
More the central bank unwinds, the greater odds of accident
Bank of England has already had to intervene to backstop gilts
https://blinks.bloomberg.com/news/stories/RJJDPWT0AFBS
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