Wobbles in the bond market suggest investors think the US central bank turned too dovish too soon
Influential governor says US economy in ‘sweet spot’ but hotter than expected inflation not welcome
The neutral ‘R-star’ level will be higher but the more notable change will be a steepening of the bond yield curve
Fixed-income ETFs see record inflows as investors seek steady returns and hedge against a stock sell-off
Pain and SOFRing
Minutes from meeting showed some dispute about how quickly to reduce borrowing costs
Why only help when bankers are in trouble?
Bond traders brace for inflation data on Thursday after jobs figures smashed expectations
And the sukuk market
The New York Federal Reserve president on the battle to tame inflation
New York Fed president John Williams signals support for quarter-point interest rate cuts
And rising long yields
Figure prompts traders to increase bets Federal Reserve will slow pace of interest rate cuts
Don’t rely on easy r* narratives
Central banks are in cutting mode — but how fast they will lower interest rates remains unclear
US central bank chair expresses ‘growing confidence’ of soft landing for economy
Big interest rate cut is yet another evolution in paradigm of liquidity dominance
It’s hard
Data comes after US central bank last week cut interest rates for the first time since the pandemic
St Louis Fed president tells FT the economy could react ‘very vigorously’ to loosening financial conditions
When corporate treasurers take an FX punt
Tech stocks re-emerge
Plus rehashes of Fed epiphenomenalism and small caps
Smaller stocks used to outperform their bigger cousins. Will that ever be the case again?
The Fed went all out last week. The aftershocks of the jumbo cut are still reverberating
