18th July 2022

  • US Long-Term Inflation Expectations Drop to One-Year Low

University of Michigan five-year price forecast at 2.8%

Overall consumer sentiment boosted as gas prices fell

https://blinks.bloomberg.com/news/stories/RF2FBCT1UM0X

  • Treasury Market’s Main Battleground Has Shifted Into Next Year

Consensus is building that hiking cycle may end this year

Two-year real yields turn positive, a policy milestone

https://blinks.bloomberg.com/news/stories/RF2H6DDWLU6B

  • DWS’s Bianco Says Investors Should Turn to Short-Term Bonds

Bianco likes banks set to benefit from interest-rate hikes

Sees risk market hasn’t priced in 4% interest rates in the US

https://blinks.bloomberg.com/news/stories/RF676SDWX2PS

  • Mammoth Trade in Fed Funds Futures Bets Against Full-Point Hike

Block trade in October 2022 contract may pump up open interest

Contract subsequently rallied as rate-hike premium declined

https://blinks.bloomberg.com/news/stories/RF2DUAT1UM0W

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