16th March 2023

  • Credit Suisse Taps $54 Billion in Central Bank Crisis Aid

Top shareholder says panic around financial stocks unwarranted

Moves demonstrate decisive action, CEO Ulrich Koerner says

https://blinks.bloomberg.com/news/stories/RRLQPFDWRGG2

  • Cracks Spread Across US Bond Market as Bank Angst Hits Liquidity

Some SOFR, Fed Funds contracts saw trading pauses Wednesday

Liquidity starts to worsen in parts of cash Treasuries

https://blinks.bloomberg.com/news/stories/RRL87RT0AFB4

  • JPMorgan Joins Those Saying Cash in Bond Gains as Hikes Loom

‘I don’t want to chase this rally,’ says Pendal’s Xie Patrick

Fed isn’t done with hiking and will move next week: JPMorgan

https://blinks.bloomberg.com/news/stories/RRLLCBT0AFB4

  • Rate-Hike Bets Evaporate as Global Bonds Surge Amid Bank Turmoil

US two-year yield falls 54 basis points to six-month low

Quarter-point Fed hike on March 22 is given one-in-two odds

https://blinks.bloomberg.com/news/stories/RRKSXZDWRGG3

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