23rd June 2022
- Powell Says Soft Landing ‘Very Challenging;’ Recession Possible
Chair says chances of recession are not particularly elevated
Policy makers must be nimble if conditions surprise, he says
https://blinks.bloomberg.com/news/stories/RDW6MBT0AFB4
- Global Yields Drop From Multi-Year Highs as Recession Fears Grow
US 10-year yield falls to 3.13% after rising to 3.5% last week
Aussie bonds head for best week in a decade; kiwi bonds rally
https://blinks.bloomberg.com/news/stories/RDWODDT1UM14
- Treasury’s Unloved 20-Year Bond Draws Buyers to Auctions
Highest-yielding Treasury security has widest bid-offer spread
Poor secondary-market liquidity enhances auction appeal
https://blinks.bloomberg.com/news/stories/RDUG8DT0AFB6
- Crude Oil Takes Fresh Blow as Recession Angst Scars Commodities
US Fed chief warns that soft landing to be ‘very challenging’
WTI down by more than 15% since June 8 on drumbeat of warnings
https://blinks.bloomberg.com/news/stories/RDWZ88T1UM0W
CLICK HERE TO READ THE FULL ARTICLE
For more information please contact Rubrics Asset Management. info@rubricsam.com.