15th March 2023

  • US Core CPI Tops Estimates, Pressuring Fed as It Weighs Hike

Underlying gauge rose 0.5% in February, most in five months

Shelter accounted for more than 70% of overall monthly gain

https://blinks.bloomberg.com/news/stories/RRIIFVDWRGG0

  • Traders Once Again Betting Fed Is More Likely to Hike Than Not

Two-year yield erases about a third of Monday’s historic drop

Traders upgrade odds of a Fed rate hike next week from 50%

https://blinks.bloomberg.com/news/stories/RRIY6LDWLU6A

  • Fidelity, Schroders Win Big on Treasuries Bets as Markets Swoon

SVB’s downfall spurred global rethink of US rate-hike wagers

Hard to see Treasuries selling off too much, Schroders says

https://blinks.bloomberg.com/news/stories/RRI64OT0AFB4

  • Fast-Money Quants Bail From $200 Billion of Mistimed Bond Bets

CTAs had amassed $300 billion of bearish positions: JPM

Bets on hawkish policy misfire as banking system wobbles

https://blinks.bloomberg.com/news/stories/RRGI0CDWRGG0

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