29th December 2023

  • Maine’s Top Election Official Bars Trump From Primary Ballot

GOP frontrunner facing efforts to keep him off state ballots

Trump back on ballot in Colorado while appeal there proceeds

https://blinks.bloomberg.com/news/stories/S6EPPPT0G1KW

  • Dollar, Battered by Rate Cut Bets, Set for Worst Year Since 2020

Wagers on Federal Reserve easing have ramped up in December

Pound sees biggest annual gain since 2017, franc since 2010

https://blinks.bloomberg.com/news/stories/S6EWBET1UM0W

  • Use of Fed Term Funding Tool Rises to Record in Arbitrage Play

Use rose to all-time high $136 billion in week through Dec. 27

Facility pricing more attractive as rate-cut bets increase

https://blinks.bloomberg.com/news/stories/S6EBYEDWX2PS

  • Funding Rates Whipsaw as Strains Grip Markets Ahead of Year-End

Repo for Dec. 29 expected around 5.67%/5.64%: Clear Street

SOFR fixed at 5.39% as of Dec. 27, matching all-time high

https://blinks.bloomberg.com/news/stories/S6E8AFT0G1KW

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