(USTs bid, steeper on light volumes)while WE slept; basis traders; yields - from historical (1790) average TO, "Are Bond Yields Facing Historic Overbought Correction?"; foreign private BUYERS USTs
(USTs bid, steeper on light volumes)while WE slept; basis traders; yields - from historical (1790) average TO, "Are Bond Yields Facing Historic Overbought Correction?"; foreign private BUYERS USTs
Good morning. USTs are bid and, best I reckon, thanks largely due to the UK ‘flation print impacting GILTS markets … Bloomberg: 5 Things You Need to Know to Start Your Day … Bost For Rate-Cut Bets Cooler-than-expected UK inflation data has bolstered bets that major central banks will start cutting rates next year. The UK’s headline inflation reading, which came in softer than estimates at 3.9%, boosted European stocks and bonds this morning, with the good mood spreading to US Treasuries and stock futures. This comes after Federal Reserve Bank of Richmond President Thomas Barkin suggested the US central bank would
To tag onto your Hemingway quote, a new fav of mine from Napoleon: To succeed in life, promise everything and deliver nothing. Seems to be the operating policy of many a government these days!
To tag onto your Hemingway quote, a new fav of mine from Napoleon: To succeed in life, promise everything and deliver nothing. Seems to be the operating policy of many a government these days!