25th January 2023

  • Bond Traders Hedge Prospect That This May Be Fed’s Last Hike

Fed swaps price in chance of a March pause after 25bp Feb move

Traders wade into SOFR options to hedge dovish Fed scenarios

https://blinks.bloomberg.com/news/stories/RP0LAOT1UM0W

  • Hedge Funds Eye Treasury Steepeners With Last Fed Move in Sight

Positions in US two-, 10-year futures widest in over a year

Short bets extend by most in three weeks: JPMorgan survey

https://blinks.bloomberg.com/news/stories/ROY4GEDWX2PS

  • Shipping-Cost Drop From Pandemic High Points to Easing Inflation

Sea-transport fees’ role as inflation driver under-recognized

Officials must be held accountable for missing price drivers

https://blinks.bloomberg.com/news/stories/RP055ST0G1KW

  • Jeremy Grantham Warns of a 17% Plunge in the S&P 500 This Year

Range of problems larger than it usually is, strategist says

He doesn’t rule out a ‘brutal decline’ to 2,000 for S&P 500

https://blinks.bloomberg.com/news/stories/ROSY5CDWLU68

CLICK HERE TO READ THE FULL ARTICLE

For more information please contact Rubrics Asset Management. info@rubricsam.com.