20th July 2021

  • Yield Plunge Stirs Thoughts of 1% Treasuries on Delta Variant

Yield on 10-year note fell to 1.17%, lowest since February

Bearish positioning may continue to provide fuel for gains

https://blinks.bloomberg.com/news/stories/QWIPVUT0G1KY

  • Wall Street’s New Concern Is That Economic Growth Has Peaked

Covid spread and price pressures are putting investors on edge

Strategists raise possibility growth estimates look too rosy

https://blinks.bloomberg.com/news/stories/QWIQO7T1UM0Y

  • Hawkish Fed Bets Axed Again as Four Hikes Priced Out Since April

Monday’s risk-off market saw rates traders pare more hike bets

Almost 100 basis points of hike bets taken out since April

https://blinks.bloomberg.com/news/stories/QWIXPXT0G1KX

  • Biden Says Inflation ‘Temporary,’ Affirms Fed Independence

Fed should take ‘steps it deems necessary’ for strong recovery

Republicans are blaming Democrats for increasing inflation

https://blinks.bloomberg.com/news/stories/QWI2AIDWX2PS

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