Traders Pare Fed-Hike Bets After Jobs; Treasury Curve Steepens
Traders in US rates market pared their bets on amount of policy tightening they expect from the Fed after data showed an uptick in unemployment rate.
Traders in US rates market pared their bets on amount of policy tightening they expect from the Fed after data showed an uptick in unemployment rate.
Morgan Stanley strategist Srikanth Sankaran said investors should consider leveraged loan market trying to assess what’s around corner for economy.
Investors should brace for more pain as US stock indexes haven’t yet hit bottom for the year, according to Mike Wilson at Morgan Stanley.
Investors in the $23 trillion U.S. Treasury market are slicing up orders and switching to more easily traded issues.
As hedge funds rushed for the exit, one reliable source of market support emerged: Corporate clients at BofA went on buying spree.
Do you really want to fight to hold on to trust assets if the beneficiaries are making your life miserable?
Powell’s latest hawkish missive threatens to open up a new front in the ever-raging battle between tech stocks and Treasury yields.