Fed urged to consider upsizing FIMA
US Treasury Secretary Scott Bessent has urged the Federal Reserve to increase the size of the Foreign and International Monetary Authorities Repo Facility (FIMA)...
US Treasury Secretary Scott Bessent has urged the Federal Reserve to increase the size of the Foreign and International Monetary Authorities Repo Facility (FIMA)...
Just as the US dollar has entered a much more stable path in recent months, so the US Treasury market has been equally comatose and this is keeping yields pretty stable...
Longer-term bond yields are expected to increase further, spurred by higher treasury yields. Over the longer-term yields are seen falling back, but only once the...
We’ve already seen in the space of a few short weeks the market adjust its expectations for rate cuts this year from around six 25-bps reductions to four.
In some ways we can look at the valuation of the dollar as something of a balancing act.
It’s likely you’ve heard the saying that ‘when the US sneezes the rest of the world catches a cold’. It might not always be true but that’s cold comfort to those outside...
The US dollar has fallen by close to 10% in trade-weighted terms from the 20-year peak that we saw last October.
The US dollar has the upper hand at the moment with other currencies hit by what can be called a double whammy.
In the past year, we’ve seen 10-year US treasury yields rise from around 0.9% to 1.4% today.