13th October 2023

  • Bond Rout Reignites, Unleashing Worst Day Since 2020 Turmoil

Market-implied odds of another Fed hike rebound to 40%

Thirty-year yields rise as much as 19 basis points on day

https://blinks.bloomberg.com/news/stories/S2FI5UDWX2PS

  • US Consumer Prices Rise at Brisk Pace for Second Straight Month

Core CPI up 0.3% in September, headline gauge advances 0.4%

Data underscore Fed intent to keep rates high, curb inflation

https://blinks.bloomberg.com/news/stories/S2F3HYDWRGG0

  • Fed to Keep Hike on Table This Year After Services Prices Rise

Closely watched components of CPI post brisk increases

Officials suggest they’ll extend rate pause at next meeting

https://blinks.bloomberg.com/news/stories/S2F2NODWRGG0

  • Higher Funding Costs Add Stress as Banks Ready Earnings Reports

Financial institutions are paying more to safeguard dollars

Earnings will provide fresh glimpse of funding, deposits

https://blinks.bloomberg.com/news/stories/S2BHUMDWRGG0

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