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Bond Traders Show Early Signs of Doubting Dovish Fed Pivot

(Bloomberg) Bond traders who just days ago were piling into wagers for more than six interest-rate cuts from the Federal Reserve this year already appear to be having second thoughts.Most Read from BloombergTech Stocks Log Four-Day Losing Streak, Bonds Rise: Markets WrapSaving the Panama Canal Will Take Years and Cost Billions, If It’s Even PossibleHarvard’s President Quits After Plagiarism, Antisemitism FurorFed Sees Rates Staying High for Some Time With Cuts Eyed in 2024Iran Blasts That Kil

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Yardeni-research
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Liz-capo

Global Bonds Start Year on Back Foot as Traders Pare Easing Bets

(Bloomberg) Global government bonds got off to a cautious start as traders pared bets on deep interest-rate cuts from major central banks this year. Most Read from BloombergIran Sends Warship to Red Sea After US Sinks Houthi BoatsQuake Hits Northwestern Japan, Killing Four, Wrecking HomesIndia’s Crude Oil Imports From Russia Plunge on Payment IssuesUS Pressured Netherlands to Block China-Bound Chip MachineryJapan Airlines Evacuates All 379 Passengers After Plane FireGermany’s 10-year yield ju

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Government-bonds

CBOE Digital Sees Bitcoin Spot ETFs Drawing New Institutional Investors

(Bloomberg) A host of new institutional investors including pension funds and registered investment adviser-based vehicles will flock to Bitcoin assets if US regulators approve the first-ever spot exchange-traded fund for the cryptocurrency, according to CBOE Digital’s president. Most Read from BloombergIran Sends Warship to Red Sea After US Sinks Houthi BoatsTokyo Runway Collision Leaves 5 Dead, Airbus Aircraft AblazeHarvard’s President Claudine Gay to Resign After ControversyUS Pressured Ne

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A risky corner of the credit market could outperform stocks as a soft landing creates a 'sweet spot' for debt, analyst says

"It's going to clip your coupon, you're not going to have a lot of defaults, and your returns may even be better than the equity markets."

Gershon-distenfeld
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Fitch-ratings
Bloomberg
Federal-reserve
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Credit
Soft-landing

Potential Soft Landing Is Junk Debt's 'Sweet Spot,' AllianceBernstein Says

(Bloomberg) The high probability of a shallow recession in the US puts corporate credit, and high-yield bonds in particular, in a “sweet spot,” according to AllianceBernstein Holding LP co-head of fixed income Gershon Distenfeld.Most Read from BloombergThe Late-Night Email to Tim Cook That Set the Apple Watch Saga in MotionChinese Carmaker Overtakes Tesla as World’s Most Popular EV MakerBridgewater CEO’s Past Office Romance Led to Favoritism ClaimsXiaomi Unveils Its First EV, With Ambition to

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