12th April 2024

  • Bond Traders Shift Thinking to a 5% Yield, No-Rate-Cut World (2)

Schroders is shorting 2, 5, 10-year Treasuries on higher rates

Ten-year yield has topped 4.5% for first time since November

https://blinks.bloomberg.com/news/stories/SBS324T1UM0W

  • Fed’s Main Inflation Gauge to ‘Calm Some Nerves’ After CPI (1)

PPI report offered relief in key categories that feed into PCE

Gauge is set for a 0.2% or 0.3% advance in March, analysts say

https://blinks.bloomberg.com/news/stories/SBS94KT0G1KW

  • Tax Deadline Is Pivotal for Funding Markets, Fed’s Balance Sheet

High tax bill could pull hundreds of billions from banks

Potential liquidity squeeze rekindles memories of 2019

https://blinks.bloomberg.com/news/stories/SBSPSZT0G1KW

  • Fed’s Collins Says Data May Warrant Later, Fewer Cuts This Year

Boston Fed chief expects rate cuts to begin ‘later this year’

Recent reports have eased concerns around urgency to move

https://blinks.bloomberg.com/news/stories/SBSFAST1UM0W

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