19th June 2023

  • Janus Henderson Sees Rising Threat of Credit Crunch as Fed Hikes

Rising junk bond defaults are signs of underlying threat: Elms

Elms’s funds bought European bank AT1 bonds after selloff

https://blinks.bloomberg.com/news/stories/RWA4H6T1UM0W

  • Fed Officials Say Rates May Need to Go Higher to Tame Inflation

Governor Waller cites slow progress on core inflation

Richmond Fed chief Barkin says he’s comfortable doing more

https://blinks.bloomberg.com/news/stories/RWD6GBDWLU68

  • Biden 2024 Kickoff Counters Trump With Focus on Economy, Wealthy

President touts economic growth, jobs market at labor rally

Calls for new billionaire taxes, jabs at investment bankers

https://blinks.bloomberg.com/news/stories/RWETGRDWX2PS

  • Blinken’s China Trip Sees Positive Signs as Meetings Continue

Top US diplomat is on a two-day mission to reboot China ties

Progress from initial talks ups chance of US side meeting Xi

https://blinks.bloomberg.com/news/stories/RWHEZ6T1UM0W

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