Rubrics Morning Comment 22.02.23 – Rubrics – Asset Management

22nd February 2023

Global Bonds Set to Erase 2023 Gains as Pivot Hopes Wither

Fixed-income assets poised to reverse January’s record rally

Higher-for-longer narrative for rates is key driver: Westpac

https://blinks.bloomberg.com/news/stories/RQGSWGT0AFBF

Fed Minutes to Show Support Level for Larger Hikes, Higher Peak

Readout could reveal if more officials considered 50 bps move

Tone could hint at how officials are interpreting recent data

https://blinks.bloomberg.com/news/stories/RQFRFLT0G1KW

Treasury Yields Jump to New 2023 Highs as Fed-Hike Bets Increase

Both 5- and 10-year Treasury yields push to new highs for year

US purchasing managers indices from S&P Global showed strength

https://blinks.bloomberg.com/news/stories/RQG15PT0G1KW

Oil Extends Worst Run of Losses This Year Ahead of Fed Minutes

Minutes from last meeting may provide clues on monetary policy

WTI futures trade near $76 after declining for a fifth session

https://blinks.bloomberg.com/news/stories/RQGUJUT0G1KW

CLICK HERE TO READ THE FULL ARTICLE

For more information please contact Rubrics Asset Management. info@rubricsam.com.

Copyright © 2024 Rubrics Asset Management (Ireland) Limited
Rubrics Asset Management (Ireland) Limited is a private company registered in Ireland (reference number: 613956) and regulated by the Central Bank of Ireland in the conduct of financial services (reference number: C173854). Details about the extent of our authorisation and regulation is available on request. Rubrics Asset Management (UK) Limited is an appointed representative of Laven Advisors LLP, which is authorised and regulated by the Financial Conduct Authority of the United Kingdom (Reference number: 447282).