16th November 2023
- Bond Traders Reload Bets on Higher Yields After Massive Rally
Futures block sales seen in Asia, London and now US sessions
New shorts eyed after over 20bp move lower in yields post-CPI
https://blinks.bloomberg.com/news/stories/S46CLQDWRGG0
- Pimco’s Ivascyn Warns of ‘Too Much Enthusiasm’ on 2024 Rate Cuts
‘The inflation problem is far from being solved,’ CIO says
Ready to trim interest-rate risk if bond rally extends too far
https://blinks.bloomberg.com/news/stories/S3X65JDWX2PS
- Summers Says ‘Transitory Factors’ Boosted Inflation, Now Ebbing
Former Treasury chief says bottlenecks had pushed up prices
Summers says risk of recession in first half only 25% or less
https://blinks.bloomberg.com/news/stories/S46TUUT0G1KW
- Slipping US Retail Sales, Cooling Prices Point to Soft Landing
Receipts at retailers dropped 0.1%, producer prices fell 0.5%
Fed is looking for easing demand to tame price pressures
https://blinks.bloomberg.com/news/stories/S462L6T0G1KW
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