Curve,repo&duration therapy

Rates, FX, Global Equity & Metals. 🏪
Reader of businesses. Runner by choice. 💨

[TraderBillyAU @TraderBillyAU]

Given that size of beat and heat in the data... and reds only off by 8bps shows how short the market is!

[Curve,repo&duration therapy @RatesNacho]

@biancoresearch THIS IS GOOD JIM, THANKS

[Alex Manzara @AlexManzara]

Just after Waller essentially based his Sept FOMC decision on next week's CPI report (leaning toward holding FF rate steady), ISM Services Price Paid comes out blazing at 72.6, high since 2022.

[Curve,repo&duration therapy @RatesNacho]

@fernandowavesfx why why why?

[Curve,repo&duration therapy @RatesNacho]

REUTERS NEXT: FED'S WALLER SAYS OUR MANDATE IS PRICE STABILITY, FULL EMPLOYMENT, NOT FINANCIAL CONDITIONS

"going after warsh" waller is brutal sometime.

[Curve,repo&duration therapy @RatesNacho]

who is the one selling dollar?

[Curve,repo&duration therapy @RatesNacho]

Brent Oil coming 100

#oott

[Curve,repo&duration therapy @RatesNacho]

@bharat16k waller is the big man... he will definitely will make some trouble.

[Curve,repo&duration therapy @RatesNacho]

so absolutely right... damn funny. i mean it is their money order.

[Eric Wallerstein @ericwallerstein]

i shit you not this exact story is written by the FT every single day by a rotating cast of columnists

[Curve,repo&duration therapy @RatesNacho]

@BraxResearch isn't it this time different, 2y yield is already so high given fed has not started the hiking?

[Curve,repo&duration therapy @RatesNacho]

MACKLEM: MULTIPLE RATE INCREASES COULD BE NEEDED IF WE FELT INFLATION IS A PROBLEM

it is time for BOC

[Curve,repo&duration therapy @RatesNacho]

@darioperkins he made it for himself.

[Curve,repo&duration therapy @RatesNacho]

@hawkishdude also do you track any things for it? if then what stuff you follow? i am not aware for this. just want to understand for some OIS exposure.

[Curve,repo&duration therapy @RatesNacho]

@hawkishdude how much you are expecting? 2.28?

[Curve,repo&duration therapy @RatesNacho]

@spaghettilisbon how is you playing/trading this up?

[Curve,repo&duration therapy @RatesNacho]

FOMC: Barr (Board hawkish) does not indicate a rate hike and still conditioned it on inflation “not to be moderating sufficiently”, while “some confidence” would be sufficient for a hold.

If the hawks do not press for a hike more clearly it is an indication that the FOMC is not forming a majority, watch Waller tomorrow and other speakers.

[Curve,repo&duration therapy @RatesNacho]

U.S. TREASURY SECRETARY BESSENT ON BOND YIELDS: SHOWING INFLATION EXPECTATIONS FLAT TO DOWN

someone please show in forward inflation , 5Y5Y.

[Curve,repo&duration therapy @RatesNacho]

FED'S BARR: IF INFLATION DOESN'T MODERATE SOON, IT WILL BE TIME FOR AN INTEREST RATE HIKE

this is now getting interesting; a board member, and centrist tilting towards hike means something now. we are near, sep or oct or dec? what do you guys think?

If i have play i will choose Oct meeting paid.

[Curve,repo&duration therapy @RatesNacho]

NASDAQ, S&P Seasonality in September.

[InterestArb @InterestArb]

Everyone talking about rising Bond Yields, yields not seen in a very long time (GFC). Reality of the matter is that Global CBs exploited Extraordinary Monetary Policy Tools as long as they could, too long! They never truly normalized till inflation hit them in the face. With extreme levels of debt, and the cost of financing very significant, a dose of reality is setting in!