18th February 2021

  • Fed Officials Saw Bond-Buying Pace Continuing for ‘Some Time’

Fed releases minutes of last month’s monetary policy meeting

Difference between temporary, persistent inflation in focus

https://blinks.bloomberg.com/news/stories/QOOUR8T1UM15

  • Fed Staff Suggest More Worry Over Financial Risk Than Powell

Powell calls risks moderate, staff sees them as notable

Official insists Powell agrees with staff’s overall appraisal

https://blinks.bloomberg.com/news/stories/QOP5K8T0G1KW

  • Real Yields’ Rise Is Canary in the Coal Mine for Risk Assets

5- and 10-year real rates, gauged by TIPS yields, have risen

Inflation expectations’ jump is driving nominal yields higher

https://blinks.bloomberg.com/news/stories/QOOTN9DWX2PS

  • Brent Oil Passes $65 With U.S. Crisis Now a Global Supply Shock

Almost 40% of American oil production is offline amid freeze

Brent futures rise 1.3% after closing up 1.6% on Wednesday

https://blinks.bloomberg.com/news/stories/QOPLREDWRGG7

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