The remarks land as traders sharply pare bets on a September rate increase, with pricing falling to around 30 percent from more than 70 percent at the end of Ju...
Market pricing for a Bank of Japan rate hike in September has climbed to ~80 percent, up sharply from around 65 percent in early August, after media reports poi...
Rising Treasury yields reasserted themselves as the dominant cross asset driver, unwinding much of Wednesday's relief rally that followed the Treasury Departmen...
It's a busy data agenda ahead, with the eyes mainly on the CPI data from Japan.I'll have a preview to come on this separately, inclduiong implications for the B...
US Treasury auctions off $9 billion of 30-year TIPS at 2.973% vs 2.991% WIFed's Musalem says hiking rates now could save more aggressive action laterUS Treasury...
High yield: 2.973%WI level at the time of the auction 2.991%Stopped through by 1.8 bpsBid-to-cover ratio 2.82XDirect (domestic buyers) 13.4%Indirect (internatio...
Strong growth and investment is influencing bond marketFed credibility is not in questionFed is focused on making monetary policy independent of fiscal policyMo...
Strong growth and investment is influencing bond marketFed credibility is not in questionFed is focused on making monetary policy independent of fiscal policyMo...
Buyback could be more than 4 billionPart of it is signallingWe want to show that yields do not reflect underlying fundamentalsProbably going to announce increas...
Rise in long term yields is a global issue, not a signal for the FedI don't see Fed credibility at riskShort term yields show markets understand Fed reaction fu...
Prior was +41.4Details:New orders xx versus 37.0 last monthShipments xx versus 33.7 last monthUnfilled orders xx versus 18.1 last monthDelivery times xx versus ...