23rd October 2024
- Treasuries Plunge Like It’s 1995 as Traders See Soft Landing (2)
Two-year yields have jumped 34 basis points since Fed meeting
Resilient economy limits room for rate cuts as election looms
https://blinks.bloomberg.com/news/stories/SLS0AFT1UM0W
- IMF Lowers Global Growth Forecast, Warns of Increasing Risks (1)
Fund sees wars, protectionism posing threats to expansion
Euro-area outlook reduced on manufacturing in Germany, Italy
https://blinks.bloomberg.com/news/stories/SLRHLPDWX2PS
- Cost to Hedge Against Treasuries Losses Soars to Highest of 2024
Options premium on US 10-year heavily skews to bearish hedges
Position seen that targets 10-year at about 4.75% in a month
https://blinks.bloomberg.com/news/stories/SLRC7MT0G1KW
- Bank of Canada in Position to Speed Up Rate Cuts: Decision Guide
Inflation lower than 2% target, growth well below estimates
Bank is arguably ‘well behind the curve,’ says RBC’s Daw
https://blinks.bloomberg.com/news/stories/SLF0MHDWLU69
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