14th October 2021

  • Fed Officials Saw Taper Starting in Mid-November or Mid-December

Mull slowing Treasury buys $10 billion, MBS $5 billion monthly

‘Most participants’ saw inflation risks weighted to the upside

https://blinks.bloomberg.com/news/stories/R0XKJST1UM0W

  • Yield Curve Flattens Toward One-Year Low on CPI, Auction Demand

Traders fully price in Fed rate hike by November 2022

Consumer-price increase matches fastest annual gain since 2008

https://blinks.bloomberg.com/news/stories/R0XIPYDWX2PW

  • Summers Slams Woke Fed for Risking Losing Control of Inflation

Former Treasury chief has warned about price risks for months

Summers says Fed not preparing public for potential action

https://blinks.bloomberg.com/news/stories/R0XPEPT1UM10

  • The U.S. Debt-Limit Increase Is Mostly Earmarked for Use Already

Extraordinary measures already used need to be accounted for

Jostling means less near-term bill supply for investors

https://blinks.bloomberg.com/news/stories/R0XEY8DWX2PU

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For more information please contact Rubrics Asset Management. info@rubricsam.com.