Economic News

Traders adjusted their expectations for an early Federal Reserve interest-rate cut. The recent US inflation data has effectively ended the global bond rally that commenced in December, fueled by hopes of a dovish shift in Fed policy. Market sentiment shifted as swap traders tempered their anticipation for a Fed rate cut before July, coinciding with the VIX, or […]

As markets await key economic data, insights from Fed officials highlight potential risks to inflation dynamics. In Asia trading, Treasuries maintained stability on Tuesday as investors braced for the release of January’s US consumer price index report later in the day. Expectations are rife that the report will reveal the first year-over-year headline inflation reading below 3%

Investors are on high alert for the annual revisions to monthly US inflation data, a crucial metric that could impact market sentiment and perceptions about the Federal Reserve’s efforts to control consumer prices. Last year’s adjustments raised questions about the Fed’s effectiveness in curbing inflationary pressures, adding to market uncertainty. Market activity was subdued on

Attention will be squarely on the US labor market this Thursday as economists anticipate a slight decline in initial jobless claims for the week ending February 3, from 224,000 to 220,000. Any significant deviation from this forecast could significantly impact expectations regarding a potential interest rate cut by the Federal Reserve in March. Amid tightening

The dollar found its footing after a decline on Tuesday, with a chorus of Federal Reserve officials echoing Chair Jerome Powell’s cautious stance on monetary policy, signaling that the central bank won’t rush into easing measures. Fed Bank of Cleveland President Loretta Mester suggested that policymakers may find confidence to consider interest rate cuts “later

In Asian trading, the 10-year Treasury yield witnessed a decline of three basis points, signaling a modest retreat following a robust surge over the past two days. Monday’s trading session saw a significant uptick in Treasury yields, with rates climbing by 14 basis points, marking the most substantial two-day increase since June 2022. The surge

In a continuation of Friday’s selloff, Treasury yields faced further pressure after Federal Reserve Chair Jerome Powell indicated a likelihood of delaying interest rate cuts until after March. The yield on the US 10-year Treasury note rose approximately five basis points in the Asian session, following a notable 14-basis-point surge on Friday, fueled by robust

In anticipation of the upcoming US nonfarm payrolls data, expected to reveal a slowdown in new job additions, Treasury movements have garnered attention. Preliminary data released on Thursday indicating an uptick in jobless claims further suggests a softening in the labor market. Global stocks are poised for a second consecutive week of gains, fueled by

Following the Federal Reserve’s decision and Chair Jerome Powell’s statement indicating skepticism about the likelihood of a policy easing in March, there are signs that officials are not rushing to lower rates. In response to Powell’s comments and renewed concerns about regional lenders, Treasuries maintained most of their gains during Asian trading, with the yield

Investors in the bond market have scaled back expectations for US rate cuts in the current year, as the likelihood of a reduction in March dwindles to approximately one-in-three. The market closely interprets the Federal Open Market Committee’s (FOMC) and Chairman Powell’s medium-term guidance, a factor that can trigger volatility in asset markets, even when