| Kidder Reports |
|
|
AAA AlJaz AmTh A.Muse AntiWar Arm ARS Asia AntiWar Bell Big Bee Bloom Breit Brown BsAs
News Iran’s foreign minister proposed reopening the Strait of Hormuz and resuming nuclear talks with the US within seven days if the Trump administration accepts its conditions, including lifting the naval blockade, unfreezing Iranian assets, and ending the war “on all fronts.” The University of Michigan’s consumer sentiment survey confirmed a sharp rise in inflation expectations in September. Strong US economic data, worsening fiscal conditions and rising government debt have also weighed on the Treasury market while efforts by Treasury Secretary Bessent to cap long-dated yields through increased Treasury buybacks are widely seen as having had limited impact. Investors currently expect the Fed to raise the federal funds rate by 25bps next month, with the probability of such a move standing at around 66%. A busy week of economic data in the US includes the September jobs report, alongside FOMC consensus that the labor market remains at full employment. ISM PMIs, personal income and outlays, and PCE price indexes are also due.
Mkts 2Y 10Y 30Y
Cleveland Fed sees Sept CPI up 0.50 m/m and 3.57% y/y Homeschoolers Top National Averages | Peak Digest
Insta
Debt Rattle
|