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
- 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
- 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
- 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.
For more information please contact Rubrics Asset Management. firstname.lastname@example.org.