19th April 2024

  • Treasuries Rebound as Middle East Risk Fans a Bid for Havens

Benchmark yields slump 10 basis points, dollar jumps

Traders seek shelter in safest assets on geopolitical concerns

https://blinks.bloomberg.com/news/stories/SC6CN0T0AFB4

  • Oil Pares Advance After Iranian Media Downplays Israel’s Attacks

US officials say Israel launched retaliatory attack on Tehran

Brent futures initially rally more than 4%, before gains fade

https://blinks.bloomberg.com/news/stories/SC6DEDDWRGG0

  • US Jobless Claims Hold Steady in Sign of Resilient Labor Market

Initial applications were unchanged at 212,000 last week

Continuing claims were also little changed in the prior week

https://blinks.bloomberg.com/news/stories/SC528PDWLU69

  • Some Hedge Funds Too Big to Fail for Bond Market, IMF Says (2)

Funds may be ‘systemically important’ to Treasury, repo market

Positions in basis trade are still large after a recent unwind

https://blinks.bloomberg.com/news/stories/SC5O0FDWRGG0

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