21st December 2023
- Fed’s Harker Says Rates Should Move Down But Not Immediately
Philadelphia Fed president said ‘important’ to lower rates
Harker’s comments were more supportive of a cut than his peers
https://blinks.bloomberg.com/news/stories/S5Z850DWX2PS
- Treasuries Rally With Global Bonds as Traders Lift Rate-Cut Bets
German 10-year yield falls below 2% for first time since March
US, UK bonds also gain amid wagers on central banks pivoting
https://blinks.bloomberg.com/news/stories/S5ZI6TDWX2PS
- US Housing Market Shows Signs of Life as Mortgage Rates Fall
Existing home sales, housing starts and buying plans surge
Mortgage rates fall on anticipation for Federal Reserve cuts
https://blinks.bloomberg.com/news/stories/S5Z3GZDWRGG0
- The Kings of a Colossal Bond Trade That’s Spooking Regulators
A small bunch of hedge fund traders dominates the massive basis trade. They’ve made billions for their firms — and alarmed financial supervisors.
https://blinks.bloomberg.com/news/stories/S5XUOCDWRGG0
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