22nd December 2021

  • A Global Savings Glut Is Set to Anchor Treasury Yields Below 2%

Consensus is rate hikes will still leave real yields negative

Weaker inflation outlook means ECB, BOJ remain accommodative

https://blinks.bloomberg.com/news/stories/R4HNGUDWRGG4

  • Dollar Funding Market Is Feeling the Strains of Too Much Cash

Benchmark for repo rates falls for first time since October

Short-end rates are still plagued by a lack of collateral

https://blinks.bloomberg.com/news/stories/R4H0OQDWRGG4

  • Biden Sees Path for Economic Plan Despite Manchin Rebuff

President notes Goldman Sachs revision of economic forecast

‘Going to get something done’ with Manchin, Biden says

https://blinks.bloomberg.com/news/stories/R4HZ1YDWRGG0

  • Oil Futures Rise With Equities in Volatile Year-End Trading

Market still assessing how omicron strain will impact demand

WTI climbed 3.7% after falling for past the two sessions

https://blinks.bloomberg.com/news/stories/R4HJ2TDWX2PS

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