20th February 2023

  • Fed Swaps Price In March and May Rate Hikes, Expect Peak at 5.3%

Third additional quarter-point hike in June is given 70% odds

US two-year yield exceeded 4.7% for first time since November

https://blinks.bloomberg.com/news/stories/RQ8OEPDWLU69

  • Treasury Bills Offer Stock-Like 5% to Take Fed, Debt-Limit Risk

Six-month bill first US obligation to reach level since 2007

Rate of return on bills competes with earnings yield on stocks

https://blinks.bloomberg.com/news/stories/RQ6QUKDWLU69

  • Oil Gains After Weekly Loss as China Recovery Competes With Fed

US plans to impose fresh export controls, sanctions on Russia

WTI climbs toward $77 a barrel after dropping 4.2% last week

https://blinks.bloomberg.com/news/stories/RQDBHXT0G1KW

  • Fed Officials Stress Need to Keep Raising Rates to Cool Prices

Richmond Fed chief favored 25 basis-point increase in February

Governor Michelle Bowman says policy not yet slowing economy

https://blinks.bloomberg.com/news/stories/RQ8E9ZDWLU68

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