20th September 2022
- US 10-Year Yield Rises to 3.5% for First Time Since 2011
75bps hike at September FOMC priced in; some expect 100bps
Traders see rising chance of a downturn that’ll lead to easing
https://blinks.bloomberg.com/news/stories/RIH374T1UM0Y
- Oil Steadies as Looming Interest-Rate Hikes Spur Demand Concerns
Central banks from the US, Europe and Asia set to raise rates
WTI futures trade near $86 a barrel after adding 0.7% Monday
https://blinks.bloomberg.com/news/stories/RIHUEDT1UM0W
- Treasury Two-Year Yields Climb Relentlessly Toward 4% Before Fed
Yield is heading for its steepest annual increase since 1994
Central banks are prepared to tolerate recession, Nomura says
https://blinks.bloomberg.com/news/stories/RIHOGIT0AFB7
- Biden to Release 10 Million Oil Barrels Ahead of EU-Russian Ban
WTI futures briefly pared Monday’s modest gains on the news
SPR sales so far have resulted in 165 million barrels of oil
https://blinks.bloomberg.com/news/stories/RIH13GT0AFB4
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