28th November 2023

  • Treasuries Add to Monthly Gains as Investors Flock to Auction

Sale of five-year notes draws lower-than-expected yield

Weak economic data validates wagers on Fed rate cuts

https://blinks.bloomberg.com/news/stories/S4SPZ9T1UM0W

  • Traders See as Much as 250 Basis Points of US Rate Cuts in 2024

Bets made via SOFR options target aggressive rate cuts in 2024

Meanwhile, hedge funds have record net longs in SOFR futures

https://blinks.bloomberg.com/news/stories/S4SVFIDWX2PS

  • Economists See Stubborn US Core Inflation Keeping Rates Higher

Underlying PCE prices expected to rise faster through 2024

Forecasters see slowdown in private investment denting growth

https://blinks.bloomberg.com/news/stories/S4MRWZDWX2PS

  • Cyber Monday Forecast Boosted After Record Holiday Sales

Chinese upstart Temu sees big gain in transaction size

Buy-now-pay-later credit promotions helped drive sales

https://blinks.bloomberg.com/news/stories/S4T1JPT0AFB4

CLICK HERE TO READ THE FULL ARTICLE

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