22nd November 2024
- US Funding Costs Surge in Anticipation of Year-End Pressures (1)
Overnight repo rates for the Dec. 31 to Jan. 2 period soared
Dealers already struggling with balance-sheet congestion
https://blinks.bloomberg.com/news/stories/SNBHZXDWLU68
- Currency Traders Bet on Market Volatility Returning With Trump
Hedge funds buy up options that pay out if FX swings increase
Traders expect policy divergence between US and Europe
https://blinks.bloomberg.com/news/stories/SMU6BADWX2PS
- US Initial Jobless Claims Decline to Lowest Level Since April
Applications for benefits fell 6,000 last week to 213,000
Continuing claims rose, reflecting fallout from Boeing strike
https://blinks.bloomberg.com/news/stories/SNAZ8VT1UM0W
- Trump Picks Pam Bondi for Attorney General After Gaetz Exit (1)
Former Florida attorney general defended Trump in impeachment
Bondi is fierce backer of Trump, now works at a lobbying firm
https://blinks.bloomberg.com/news/stories/SNBSRCDWRGG0
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