17th October 2023

  • Long-End Treasuries Fluctuate by Most Since 2020 Pandemic Onset

US 30-year yield moves averaged 13bps in last five sessions

Long-dated yields remain near highest levels since 2007

https://blinks.bloomberg.com/news/stories/S2MX49T1UM0W

  • BlackRock Tweaks Treasuries View After Sharp Run-Up in Yields

Asset manager shifts to ‘Tactically Neutral’ as Fed rate peaks

Expects 10-year yield above 5% as investors demand premium

https://blinks.bloomberg.com/news/stories/S2MPCXT0G1KW

  • Harker Says Fed Should Stop With US Small Businesses Struggling

Philadelphia Fed chief repeats his call to stop raising rates

Bankers concerned firms ‘aren’t going to make it,’ Harker says

https://blinks.bloomberg.com/news/stories/S2N4CQT1UM0X

  • Oil Steadies as Biden Commits to Israel Trip to Contain Crisis

US president will be in Israel on Wednesday after Hamas attack

WTI holds above $86 a barrel following 1.2% decline on Monday

https://blinks.bloomberg.com/news/stories/S2NTFDT0G1KW

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