Interest futures recovered on Thursday after slightly dovish Fed remarks sent Treasury yields lower. However, underlying fundamentals still point to further downside. Tensions in the Middle East have sent oil prices higher, rekindling inflation worries. As a result, Fed rate hike bets have increased significantly from a week ago. The recent collapse in the bond Read More…
Interest futures were down on Friday as market participants looked forward to key speeches during the Jackson Hole symposium. Meanwhile, a surge in oil prices on Wednesday and Thursday supported Treasury yields, hurting bonds.
Interest futures soared on Wednesday after the US Treasury Department announced it would intervene to support the bond market.
Interest futures soared on Thursday after US data revealed softer-than-expected wholesale inflation. The PPI report led to a decline in Fed rate hike expectations, sending yields lower. However, if there is no deal to end the war in Iran, oil prices will keep rising, pushing inflation higher. The bond market recovered this week as traders Read More…
Interest futures collapsed on Thursday, giving back most of this week’s gains after reports of a restrictive draft plan for traffic through the Strait of Hormuz. The bond market had recovered this week as tensions between the US and Iran eased, giving room for talks. Meanwhile, market participants are eagerly awaiting the US nonfarm payrolls Read More…
Interest futures recovered on Friday after collapsing in the previous sessions amid an escalation in the Iran war. The rebound came late Thursday after the US released a set of downbeat economic data. The GDP and inflation numbers eased Fed rate hike expectations. Wednesday witnessed the biggest collapse in interest futures after the US hit Read More…
