18th April 2023

  • Fed’s Barkin Wants More Evidence Inflation Is Easing to Goal

Richmond Fed president reassured by banking regulator action

Markets price in chance of US interest-rate increase May 3

https://blinks.bloomberg.com/news/stories/RT9S7MT0G1KW

  • Treasury Sells 3-Month Bills at Highest Rate Since Clinton

Bill was sold at a yield of 5.08%, a level last topped in 2001

Yields pushed higher by debt-cap concerns, Fed expectations

https://blinks.bloomberg.com/news/stories/RT9O8AT0G1KW

  • Hedge Funds Go All In on Dollar, First Time in Over a Year

Fed comments, latest data back hedge funds’ optimism

Bloomberg dollar gauge had fallen in last five weeks

https://blinks.bloomberg.com/news/stories/RT9KGST0G1KZ

  • Credit Market Rallies to Pre-SVB Levels as Banking Turmoil Eases

Asia investment-grade CDS drop to lowest since March 9

Outlook of less aggressive Federal Reserve also lifts mood

https://blinks.bloomberg.com/news/stories/RT8JXOT0G1KW

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