Stocks & Bonds Tumble As Rate-Hike Odds Rise
Higher than expected labor costs and the corresponding tumble in productivity prompted combination of recession fears and inflation anxiety with the market pricing in more tightening in the short-term and then more easing after the recession hits…
Source: Bloomberg
Notably the Q1 rate-cut expectations are fading, notably almost back to zero probability of the cut…
Source: Bloomberg
Stocks did not like that and long-duration Nasdaq stocks sank notably with Small Caps worst on the day. The Dow was the least ugly horse
Treasuries were all sold today, reversing Monday’s gains with both 10Y and 30Y remaining lower in yield on the week. Today saw the short-end underperform (2Y +7bps, 30Y +2bps)…
Source: Bloomberg
Notably all yields are still higher from Friday’s payrolls print.
The yield curve flattened significantly with 2s10s trading as inverted as -49bps….
Source: Bloomberg
The dollar ended unchanged after some early weakness (testing down to pre-payrolls levels) was reversed…
Source: Bloomberg
Crypto slipped lower on the day with bitcoin testing down to $23k…
Source: Bloomberg
Gold pushed back above $1800 today…
Oil ended very marginally lower after testing above $92…
Finally, US retail pump prices fell to 5 month lows…
Source: Bloomberg
And while President Biden’s approval rating has bounced, it remains notably divergent from gas prices.
Tyler Durden Tue, 08/09/2022 – 16:00
Source: https://freedombunker.com/2022/08/09/stocks-bonds-tumble-as-rate-hike-odds-rise/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).
| Online: | |
| Visits: | 1,599,176,594 |
| Stories: | 8,138,299 |
Whistler Blowers, Insiders
