(Bloomberg) -- Rates traders are betting that the steepest global tightening cycle in a generation is over and that monetary easing will begin from mid-2024....
-- Rates traders are betting that the steepest global tightening cycle in a generation is over and that monetary easing will begin from mid-2024.Everything We Know About Grand Theft Auto 6 Right Now
“The global data picture suggests higher cash rates are doing their work in slowing demand and the oil price is signaling the same,” said Prashant Newnaha, a rates strategist for TD Securities Inc. in Singapore.“The sharp rally in the long end appears to be driven by renewed pension buying after yields hit fresh highs, with the move lower in oil providing an additional catalyst.”
ECB Governing Council member Francois Villeroy de Galhau said on Thursday it’s too soon to talk about a rate cut, adding that will come when “everyone is convinced that inflation will come back to 2%.
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