27th September 2023

  • Bond Selloff Rattles Traders as Hedging Costs Hit 12-Month High

Premium to hedge higher long-end Treasury yields jumps

JPMorgan client survey shows Treasury short positions rise

https://blinks.bloomberg.com/news/stories/S1LQUGDWLU68

  • Bond Traders Roiled by Fed See US Shutdown as Next Big Wild Card

A flight to havens could arrest the Treasury market’s selloff

Yet it may erode confidence by underscoring US dysfunction

https://blinks.bloomberg.com/news/stories/S1KL0KT1UM0W

  • US Government Shutdown Nears as Lawmakers Make Incremental Gains

Senate bill extends funding to Nov. 17, provides Ukraine aid

Temporary funding would have to overcome deadlock in US House

https://blinks.bloomberg.com/news/stories/S1MAZJT0G1KW

  • Oil Pushes Higher as Tightening Market Outweighs Risk-Off Tone

API reports decline in crude inventories at vital Cushing hub

WTI is set for its biggest quarterly gain since early 2022

https://blinks.bloomberg.com/news/stories/S1MQAKT1UM0W

CLICK HERE TO READ THE FULL ARTICLE

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