News Archive

Every report the desk has filed, searchable by full text, topic, format, symbol and date range.

Treasury's Smaller Buyback Sizes Reopen Debate Over Its Market Goals

Smaller-than-expected debt repurchases from the US Treasury are prompting questions about whether the program is doing what it was designed to do, even as bond strategists argue conditions could be worse.

The US Treasury's decision to run smaller buybacks than markets expected has revived debate over the program's purpose, while bond strategists argue the broader market backdrop is more stable than feared.

MARKET REPORT

Treasury Yields Post Fastest Climb in Decades as $30 Trillion Market Buckles

Paramount's debt sale to fund its Warner Bros purchase became the latest test of how much borrowing the market can absorb at today's rates.

Yields on U.S. government debt have risen so fast in recent months that traders are calling it one of the sharpest jumps in a generation, and corporate borrowers are already feeling the squeeze.

MARKET REPORTBEARISH

Cooler Inflation Reading Fails to Move Bond Yields as Goldman Pushes Back Fed Hike Call

The Fed's preferred inflation gauge rose less than forecast in August, yet Treasury yields held steady while Goldman Sachs shifted its rate-hike forecast to December.

Core PCE inflation rose 0.2% in August, below economist expectations, but bond yields did not fall in response, even as Goldman Sachs pushed its Fed rate-hike forecast back to December.

MARKET REPORT

52-Week Lows Pile Up Across Utilities, Retail and Credit Despite Index Gains

CMS Energy, UFP Industries, Deckers, Blue Owl Capital and Marzetti all hit fresh 52-week lows even as the S&P 500 posted a slight September gain.

Five separate companies across unrelated sectors — utilities, building products, footwear, private credit, and food — hit new 52-week lows even as the broader S&P 500 index eked out a small gain for September.

MARKET REPORTBEARISH
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