30th May 2023

  • Treasury Bills Climb as Traders Bet Congress Will Pass Debt Deal

Yields on bills maturing in June fall back in Asia trading

Longer-dated Treasuries also rally as investors parse deal

https://blinks.bloomberg.com/news/stories/RVGC1KT0G1KW

  • Biden, McCarthy Work Lawmakers to Pass Deal as Time Runs Short

Environmentalists, defense hawks, GOP hard-liners oppose pact

Early endorsements made by prominent moderate lawmakers

https://blinks.bloomberg.com/news/stories/RVFQ2OT1UM0W

  • Debt Deal to Hit a US Economy Already Facing Recession Risk

Fed policy makers have fresh consideration for rate outlook

Federal government has been support for GDP in recent quarters

https://blinks.bloomberg.com/news/stories/RVFCO2T1UM0W

  • ‘Domestic Offshoring’ Sends Low-Wage Jobs Out of Key US Cities

Orlando, Phoenix, Las Vegas saw increase in call-center roles

Denver, Austin among cities with big uptick in top executives

https://blinks.bloomberg.com/news/stories/RV49NJDWX2PT

CLICK HERE TO READ THE FULL ARTICLE

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