27th February 2024
- Treasuries Basis Trade Shows Signs of Waning, Deutsche Bank Says
Leveraged futures short positions unwound over recent weeks
The leveraged trade has drawn recent scrutiny from Washington
https://blinks.bloomberg.com/news/stories/S9H3T3T1UM0W
- US Corporate Bond Sales Hit $172 Billion to Set February Record
Honeywell, NatWest among firms in high-grade market Monday
Today’s sales boost month over $151 billion mark set last year
https://blinks.bloomberg.com/news/stories/S9HIF2T0AFB4
- Fed’s Schmid Urges Patience on Cuts as Inflation Fight Goes On
‘We are not out of the woods yet’ on inflation fight, he says
Schmid makes his first monetary policy speech in Oklahoma
https://blinks.bloomberg.com/news/stories/S9HMXPT0G1KW
- Fed QT Gets Room to Run Longer as Funding-Market Pressures Abate
Decline in leveraged funds’ positions suggests less repo need
Lower funding needs could keep cash at reverse repo facility
https://blinks.bloomberg.com/news/stories/S9GWOKT1UM0W
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