26th May 2023

  • Debt Deal Takes Shape to Raise Limit, Cap Spending for Two Years

Defense spending would be permitted to rise 3% next year

Shares opened marginally higher in Japan and South Korea

https://blinks.bloomberg.com/news/stories/RV8UMNDWLU68

  • US on ‘Borrowed Time’ as Debt Cap Drives Cash Below $50 Billion

Negotiations ongoing in Washington to find a debt-ceiling deal

T-bill markets indicate concern among investors about default

https://blinks.bloomberg.com/news/stories/RV8EG0DWLU68

  • Collins Says Fed at or Near Rate-Pause Point as Inflation Cools

Boston Fed chief says low, predictable inflation rate needed

Policymakers next meet to discuss US rates June 13-14

https://blinks.bloomberg.com/news/stories/RV80GTDWLU68

  • Fed Traders Fully Price In an Interest-Rate Hike Once Again

Two-year yield rise above 4.5%, up for 10 straight sessions

June and July swaps show at least a quarter-point hike priced

https://blinks.bloomberg.com/news/stories/RV8D43DWRGG0

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