30th November 2022

  • Hedge Fund Treasury Shorts Jump to Multiyear Highs Before Powell

Leveraged net short over 5 million 10-year futures equivalents

JPMorgan Treasury clients cut long positions in cash market

https://blinks.bloomberg.com/news/stories/RM49RJT0AFB4

  • BofA Says the US Yield Curve Will Return to Normal on Fed Pivot

Strategists sees both 2-, 10-year yields at 3.25% by end-2023

Weakening labor market likely to spur Fed policy pivot: BofA

https://blinks.bloomberg.com/news/stories/RM4AOPT0G1KW

  • Barclays Pushes Back Timeline for US Recession, Fed Cuts on Data

Start of ‘shallow recession’ delayed to second quarter

Fed could wait one more meeting before cutting interest rates

https://blinks.bloomberg.com/news/stories/RM4HDVT1UM0W

  • Oil Climbs a Third Day on OPEC+ Cut Chatter, Falling Stockpiles

Producer alliance may agree to reduce output at Dec. 4 meeting

WTI rises toward $79 after adding 2.5% over last two sessions

https://blinks.bloomberg.com/news/stories/RM5DT0DWX2PS

CLICK HERE TO READ THE FULL ARTICLE

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