Today: September 08, 2024
Today: September 08, 2024

Latest From Davide Barbuscia

Economy|Finance

Cash could stay attractive for months despite rate cuts, JP Morgan says

Looming interest rate cuts may not immediately spur a rush out of cash-like instruments, as yields on some shorter-dated government bonds could take months to

Cash could stay attractive for months despite rate cuts, JP Morgan says
Economy|Finance

PIMCO's Ivascyn says US likely to avoid recession but warns of dire fiscal picture

The U.S. economy is still on track for a soft landing despite signs of further weakening, but the country's deteriorating fiscal profile is prompting U.S. bond

PIMCO's Ivascyn says US likely to avoid recession but warns of dire fiscal picture
Uncategorized

US bond rally overdone but Fed should have cut rates in July, BlackRock manager says

A recent U.S.

US bond rally overdone but Fed should have cut rates in July, BlackRock manager says
Economy|Finance

US recession scare fuels searing rally in bonds, yield curve flip in view

A sharp repricing in U.S. interest rate cut expectations could give more fuel to a searing bond rally triggered by weakening economic data, as investors

US recession scare fuels searing rally in bonds, yield curve flip in view
Economy|Finance

DoubleLine sounds alarm on US government debt spiralling higher

Higher debt payments and the possibility of a U.S. recession over the next 10 years could boost U.S. debt levels beyond recent forecasts and weigh on economic

DoubleLine sounds alarm on US government debt spiralling higher
Economy|Finance

US yield curve nears flip with jury out on recession signal

The longest and deepest U.S. Treasury yield curve inversion in history, a key bond market signal of an upcoming recession, could be nearing its end.

US yield curve nears flip with jury out on recession signal
Business|Economy|Finance

Hedge fund study on U.S. Treasury issuance fuels debate

A hedge fund study that said the U.S.

Hedge fund study on U.S. Treasury issuance fuels debate
Economy|Finance

Big US bond managers steer clear of long-dated government debt

A number of U.S. bond managers at firms in charge of trillions of dollars of assets are steering clear of long-term U.S. government bonds as they expect fiscal

Big US bond managers steer clear of long-dated government debt
Economy|Election|Finance|Political

US bond market reacts to Biden's exit with 'Trump trade' reversal

U.S. government bond investors on Monday unwound some of the trades that were put in place on expectations of a second U.S. presidency of Republican Donald

US bond market reacts to Biden's exit with 'Trump trade' reversal
Business|Economy|Finance

Vanguard favors high-quality credit as US economy nears 'turning point'

Top U.S. asset manager Vanguard favors high-rated corporate debt over riskier high-yield companies' bonds as it seeks protection against the possibility a

Vanguard favors high-quality credit as US economy nears 'turning point'
Economy|News|Political

Bond market re-focus on US elections throws wrench into 2024 rally hopes

A recalibration of how the U.S. presidential election plays out is causing bond investors to bet yields stay higher for longer as November approaches.

Bond market re-focus on US elections throws wrench into 2024 rally hopes
Business|Economy|News

US overnight funding rate hits highest since January

A measure of the borrowing costs on loans between banks and other participants in the U.S. repurchase agreement (repo) market hit its highest level since

US overnight funding rate hits highest since January
News|Political

Apollo Global chief economist expects no Fed cuts this year

The U.S.

Apollo Global chief economist expects no Fed cuts this year
Business

US funding rates rise modestly on tax outflows, Treasury supply

U.S. short-term funding costs rose slightly this week due to tax-related outflows and demand for cash to finance the Treasury's debt issuance, but market

US funding rates rise modestly on tax outflows, Treasury supply
Business

Fed's dovish pivot 'inertia' may spell trouble for long-term bonds, BlackRock says

Longer-term U.S.

Fed's dovish pivot 'inertia' may spell trouble for long-term bonds, BlackRock says
Business

Hedge fund industry groups sue US SEC over Treasury market dealer rule

Trade groups representing the private fund management industry sued the U.S.

Hedge fund industry groups sue US SEC over Treasury market dealer rule
Business

US bond giant PIMCO expects term premiums to rise again

U.S.

US bond giant PIMCO expects term premiums to rise again
Business

Analysis-'Slam dunk' Treasury trade becomes test of patience as yields march higher

A sell-off in the U.S. government bond market is picking up speed, as a strong economy whittles away at hopes for imminent interest rate cuts from the Federal

Analysis-'Slam dunk' Treasury trade becomes test of patience as yields march higher
Business

Barclays flags Treasuries central clearing cybersecurity risks after ICBC hack

A key reform proposed by the U.S. Securities and Exchange Commission to boost the use of central clearing for U.S.

Barclays flags Treasuries central clearing cybersecurity risks after ICBC hack
Business

Vanguard bets on long-term US Treasuries after 'cruel summer' for bond investors

U.S. asset manager Vanguard is bullish on longer-dated Treasuries after this year's brutal selloff, betting that the Federal Reserve is at the end of its rate

Vanguard bets on long-term US Treasuries after 'cruel summer' for bond investors
Business

Long US Treasury yields may rise further despite near-term swings, BlackRock says

Long-term U.S.

Long US Treasury yields may rise further despite near-term swings, BlackRock says
Business

Treasury yields wrecking-ball surge gets fresh fuel after blowout jobs report

The U.S.

Treasury yields wrecking-ball surge gets fresh fuel after blowout jobs report
Business|Economy

BlackRock cautious on long-term US Treasuries ahead of elections

The BlackRock Investment Institute said on Monday it was cautious on long-term U.S.

BlackRock cautious on long-term US Treasuries ahead of elections
Business|Economy

Wall Street frets over timeline for centralized Treasury clearing

The Securities Industry and Financial Markets Association may ask regulators for more time to implement a rule requiring centralized Treasury clearing as Wall

Wall Street frets over timeline for centralized Treasury clearing
Business|Economy

US SEC's Gensler welcomes competition on multiple clearing houses for Treasuries

Gary Gensler, chair of the Securities and Exchange Commission, said on Wednesday he welcomed competition around having multiple clearing houses for U.S.

US SEC's Gensler welcomes competition on multiple clearing houses for Treasuries

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