S&P 500, Corporate Earnings – Talking PointsS&P 500 continues bullish push as key resistance comes into viewFederal Reserve enters blackout period ahead of next week’s meetingMega-cap tech earnings likely to set the tone...
German Dax 40 Talking PointsDax futures move higher amid speculation of a potential Fed pivotGerman equities turn green as utilities lead gainsThis week’s ECB rate decision could provide an additional threat to European...
US PMI KEY POINTS:Flash U.S. Composite output index falls to 47.3 in October from 49.5 in SeptemberServices PMI slumps to 46.6 from 49.3, versus 49.2 expectedManufacturing activity sinks into contractionary territory, sliding to...
S&P 500 OUTLOOK: NEUTRALThe U.S. central bank goes into its blackout period this weekend ahead of the November FOMC meetingWith no Fed officials slated to speak in the coming days, monetary policy could...
by confoundedinterest17
Pension funds have long been investing in “safe” agency mortgage-backed securities.
But as The Fed does its “tighten up”, we are seeing agency MBS prices falling and duration risk rising.
I remember showing my Fixed-income...
Markets:Gold up $27 to $1654US 10-year yields down 1 bps to 4.22%WTI crude oil up 48-cents to $84.99S&P 500 up 88 points to 3754JPY and AUD lead, USD lagsThis week had it all...
