The USDCHF raced higher after the better than expected CPI data. That took the pair to a new 2022 high and to the highest level going back to May 2010 (see daily chart...
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...
Hidden Road, a credit network for institutional investors, has launched what it called the trading industry’s first over-the-counter (OTC) prime brokerage service for digital assets.
Take Advantage of the...
High yield 3.93%tail 1.0% vs. six-month average of -0.6 basis pointsbid to cover 2.39X vs 2.37X average over the last 6 auctionsDirects 18.65% vs 17.4% over the last 6 auctionsIndirects 69.1% vs 70.0%...
Fedspeak, Federal Reserve – Talking PointsFOMC effectively fully priced for 75 basis point hike in NovemberNeel Kashkari calls for 4.5% on fed funds rate in 2023Michelle Bowman voices support for continued large rate...