Who is right: the market or the FED?
Long-term Treasury bond options show that the outstanding open positions predicting a bond rally and lower interest rates are 2.5 times larger than those protecting...
Tag: interest rates
The U.S. inflation and the market euphoria
The core Consumer Price Index, which excludes the costs of food and energy, increased by 0.2% compared to September. The overall indicator remained stagnant, held...
Is a downgrade of Italian debt possible?
This week, a possible downgrade of Italy would sound like a bad omen for the Eurozone. Moody’s believes that the country presents a “substantial credit...
The risk of a government shutdown in the United States persists
A shutdown would threaten a downgrade in the United States’ credit rating by Moody’s Investors Service, which cited political dysfunction as a growing social risk....
What scenario for interest rates in 2024?
The market has once again become hopeful. The Fed has completed its job, and we can now contemplate a rate cut in 2024 and, more...
The Fed: Towards the End of the Rate Hike Cycle
The Fed has maintained its benchmark interest rate of 5.25% to 5.50% for a second consecutive meeting. The policy statement acknowledges the recent strength in...
A $400 billion debt burden threatens emerging market companies
Cracks are deepening for vulnerable companies in emerging markets as global borrowing rates reach their highest levels since the financial crisis, disrupting opportunities to refinance...
The ECB takes a break
The European Central Bank has left interest rates unchanged for the first time in over a year after raising the deposit rate to a record...
A Credit Market Under Pressure
Last March, the rise in bond yields had shaken the American banking system, sending three regional banks into turmoil. A massive fire sale and a...