Inflation - USD

USDi: BEs still stuck in bear steepening abyss at month-e...

With all the card stacked against it today, BEs continued falling into the bear steepening abyss today with little aid from month-end index demand.

USDi: BE stuck in bear steepening spell as rebalancing co...

BEs remained under bear steepening pressure, extending their recent rout as rebalancing flows continue to pressure TIPS.

USDi: Risk-off nemesis hits BEs again; Attractive valuati...

Risk-off sentiment once again hits BEs with valuations now looking attractive at the front-end to some.

USDi: Decent TIPS auction lift 5y BEs while other tenors ...

Today’s decent $18bn 5y TIPS re-opening managed to improve the performance of the 5y BEs while other tenors softened up again.

USDi: Powell fails to perk up BEs; 5y TIPS auction up next

A few soothing words from Powell helped lift an early slump in risk sentiment. But this wasn’t enough for BEs ahead of 5y supply tomorrow.

USDi: BEs shift back to the left with student body post-F...

BEs reversed lower along with the broader risk tone after further reassessment of the Fed a day after the FOMC decision.

USDi: BEs largely rebound as Fed threads needle with 75bp...

The Fed managed to thread the needle with today’s expected 75bps hike. BEs largely move higher with other asset classes.

USDi: Front-end BEs fall through the floor as Fed expecta...

BEs continued to contract with the front-end falling through the floor as Fed hike expectations continued adjusting.

EURi: Risk off outweighs higher gas as B/Es fall

Risk off, weak TIPS and the approach of supply outweighed any boost to euro inflation from higher gas prices, traders said today.

USDi: My oh my May CPI; Still searching for that nebulous...

Today’s surprisingly strong May CPI release – hitting a new 40y high – sent BEs on a bull-flattening frenzy as peak inflation remains nebulous.