27th June 2023
- Traders Bail on Fed Rate-Cut Bets on Powell’s Hawkish Message
Mass exodus from December upside SOFR options seen Friday
Fed chief reinforced that more rate hikes are likely this year
https://blinks.bloomberg.com/news/stories/RWTA3PDWLU68
- Morgan Stanley Sees Fed Hiking Rates in July After Powell Speech
Fed seen raising interest rates by 25 basis points: economists
Revision follows Powell saying more needed to combat inflation
https://blinks.bloomberg.com/news/stories/RWWAT3T1UM0W
- Treasury Bill Blitz Is Just a Prelude to Longer-Term Debt Glut
A surge in issuance across maturities to pressure rates
Treasury set to pay more as it faces ‘price-sensitive’ buyers
https://blinks.bloomberg.com/news/stories/RWVSVXT1UM0W
- Oil Edges Higher After Choppy Session Sparked by Russian Turmoil
Putin condemns Wagner ‘traitors’ in first remarks since mutiny
WTI climbs toward $70 a barrel after rising by 0.3% on Monday
https://blinks.bloomberg.com/news/stories/RWWCPWT1UM0W
CLICK HERE TO READ THE FULL ARTICLE
For more information please contact Rubrics Asset Management. info@rubricsam.com.