Inflation is too high, must come downWe'll keep at it until the job is doneNeed to see inflation actually falling in dataUncertain times require a risk management approach to policyCore inflation has been...
<p>You can't try to please markets. </p><p>30-year UK yields were down to 4.24% earlier today but have since jumped to 4.64%. </p><p>The final round of the BOE's gilt-purchase program is due up imminently....
If there was going to be a turnaround today, here's how I imagined it would go:Stocks would get wiped outBond yields would jumpA big would slowly appear for bonds because 4% 10s...
This is turning into a remarkable day and it's only half over.Have a look at intraday emini futures:The market was in a very good mood ahead of CPI but imploded on the data,...
An ECB report from Reuters cites a staff model forecast that sees rates peaking at 2.25%, citing four sources. That's lower than the market-implied rate at just above 3%.The model shows that 2.25%...
Stocks are making a big of a comeback and oil is nearly back to unchanged ahead of the EIA weekly report.There's some talk of negotiations from Russia but I don't think that's the...
