25th October 2023

  • Last Time US Yields Rose So Much the Economy Tanked Twice

10-year Treasury yield up over 4 percentage points since 2020

The biggest increase since double-dip recessions of 1980s

https://blinks.bloomberg.com/news/stories/S31VO7DWLU68

  • Business Activity Gains Momentum as US Inflation Gauges Cool

S&P Global composite gauge rises to three-month high of 51

Inflation metrics showed slowest price growth since 2020

https://blinks.bloomberg.com/news/stories/S31E4XDWRGG0

  • Bond Funds Bracing for Futures Shakeup to Bolster Yield Surge

Net long in bond futures falls for second week amid CTD risk

In cash, JPM survey shows biggest outright long in two months

https://blinks.bloomberg.com/news/stories/S31HUSDWX2PS

  • Fed Watchdog to Review Board Role in Choosing Fed Bank Leaders

Diversity and inclusion to be a subject of the planned probe

Bank presidents have been subject to trading controversies

https://blinks.bloomberg.com/news/stories/S31T37DWLU68

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