25th January 2024

  • US Business Activity Expands at Fastest Pace in Seven Months

S&P Global composite gauge increases to 52.3 in January

Inflation metrics keep cooling; outlook best since May 2022

https://blinks.bloomberg.com/news/stories/S7RTMBDWX2PS

  • US 30-Year Yield Reaches Year-to-Date High After Poor Auction

Sale of five-year notes drew a higher-than-expected yield

Expectations for Fed interest-rate cuts continue to ebb

https://blinks.bloomberg.com/news/stories/S7S4CIDWX2PS

  • Fed Raises Rate on Emergency Loan Program to Stop Arbitrage

Bank Term Funding Program will expire on March 11 as planned

Banks will see higher rates to borrow effective immediately

https://blinks.bloomberg.com/news/stories/S7SJJVT1UM0W

  • Bank of Canada Holds Rate at 5%, Signals It’s Done Hiking

Loonie drops after central bank releases dovish statement

Debate is shifting to how long to maintain restrictive policy

https://blinks.bloomberg.com/news/stories/S7RWCZDWX2PS

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