22nd September 2022

  • Powell Signals More Pain to Come With Fed Sending Rates Higher

Fed delivers its third straight 75 basis point increase

Fed chair says rates to rise until ‘sufficiently restrictive’

https://blinks.bloomberg.com/news/stories/RIKTAST0AFB8

  • Powell Signals Recession May Be the Price for Crushing Inflation

Fed raises rates 75 basis points, signals more hikes to come

‘No one knows’ if this will lead to a recession, Powell says

https://blinks.bloomberg.com/news/stories/RILHJET0G1KW

  • Bond Market Pushes Recession Trades as Fed Hawks Take Flight

Traders are pricing in almost 50 basis points of 2023 Fed cuts

Yield curve becomes more inverted as traders flag a downturn

https://blinks.bloomberg.com/news/stories/RIKTYYT0AFB4

  • US Debt Buyers Brace for Fed to Hike ‘Until Something Breaks’

Credit risk gauges whipsawed as market digested Powell message

High-grade primary market muted as borrowers remain cautious

https://blinks.bloomberg.com/news/stories/RIKRWET0G1KW

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