26th July 2021

  • Fed’s MBS Buying High on Agenda as Officials Begin Taper Talk

Soaring home prices put focus on mortgage-backed securities

Officials split on tapering MBS buying faster than Treasuries

https://blinks.bloomberg.com/news/stories/QWNQT5DWRGGF

  • Growth Softens at U.S. Service Firms on Capacity Constraints

IHS Markit index decreases to five-month low in July

Separate manufacturing gauge climbs to a fresh record high

https://blinks.bloomberg.com/news/stories/QWPACPDWX2QC

  • Yellen Warns of Default Risk by October Without Debt-Limit Hike

Default would cause ‘irreparable harm,’ Yellen says in letter

Too difficult to estimate how long Treasury can hold out

https://blinks.bloomberg.com/news/stories/QWPVPSDWLU6I

  • World’s Food Supplies Get Slammed by Drought, Floods and Frost

Coffee surges to highest since 2014 after frost hits Brazil

As food vulnerability rises, social unrest often follows

https://blinks.bloomberg.com/news/stories/QWOSY5DWLU6J

CLICK HERE TO READ THE FULL ARTICLE

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