19th February 2024

  • Cracks Start to Emerge in Global Central Bank Synchronicity

New Zealand may break from pack with an interest-rate hike

US-Europe economic trajectories diverge; policy paths may too

https://blinks.bloomberg.com/news/stories/S8Q820DWRGG0

  • US Producer Prices Increased by More Than Forecast in January

PPI rose 0.3% from month earlier and 0.9% on annual basis

Services costs led the advance, rising by most since July

https://blinks.bloomberg.com/news/stories/S8YBU7T0AFB4

  • Treasury Yields Reach Year-to-Date Highs as Rate-Cut Hopes Wane

Producer price inflation dims chance of Fed action before July

Less cumulative monetary easing is priced in for full year

https://blinks.bloomberg.com/news/stories/S8YGJ8T1UM0W

  • Bond Traders Hit by Rate-Cut Bets See a Chance to Lock In Yields

Prices reset as traders dial back Fed rate-cut expectations

Some see moment to secure high payouts before yields fall

https://blinks.bloomberg.com/news/stories/S8YUEQT0G1KW

CLICK HERE TO READ THE FULL ARTICLE

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