24th August 2023
- Big Short Squeeze Risk Stalks Bond Markets as Yields Reverse
Squeeze on short bond positions seen after soft economic data
A 20-year Treasury bond sale is also due later on Wednesday
https://blinks.bloomberg.com/news/stories/RZUK2AT0AFB4
- US Business Activity Barely Expands on Subdued Customer Demand
S&P Global composite gauge fell to six-month low in August
Orders contract, while costs of wages and materials pick up
https://blinks.bloomberg.com/news/stories/RZUJORT0AFB4
- Inflation-Linked Treasuries Face Key Test After Bruising Month
Inflation-adjusted Treasuries have erased most of 2023 gains
Real yields near highest since 2011 before 30-year auction
https://blinks.bloomberg.com/news/stories/RZHJNODWLU68
- Powell to Map Final Steps in Inflation Fight at Jackson Hole
Fed chair to speak Friday morning at annual confab in Wyoming
Central bank’s tightening campaign is entering difficult stage
https://blinks.bloomberg.com/news/stories/RZSRDST1UM0W
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