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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