while we slept (extremely quiet); BoE largest hike in 27yrs; WalMart + CSFB = layoffs; “I don’t feel the pain of inflation anymore ..." -Daly
thebondbeat.substack.com
Good morning … One thing we can say for sure is that August hasn’t been dull so far and we’ve only had three days. This is all before the biggest BoE hike for 27 years (50bps) likely today, and then US payrolls tomorrow. Indeed, there have been some remarkable ranges in treasuries so far in the three days of August.
while we slept (extremely quiet); BoE largest hike in 27yrs; WalMart + CSFB = layoffs; “I don’t feel the pain of inflation anymore ..." -Daly
while we slept (extremely quiet); BoE largest…
while we slept (extremely quiet); BoE largest hike in 27yrs; WalMart + CSFB = layoffs; “I don’t feel the pain of inflation anymore ..." -Daly
Good morning … One thing we can say for sure is that August hasn’t been dull so far and we’ve only had three days. This is all before the biggest BoE hike for 27 years (50bps) likely today, and then US payrolls tomorrow. Indeed, there have been some remarkable ranges in treasuries so far in the three days of August.