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Bond Bulls Ramp Up Bets Amid Fresh Fears of Recession-Inducing Credit Crunch

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Bond bulls are betting on the Federal Reserve to embark on the most aggressive interest-rate cuts in over a decade amid fresh fears of a recession-inducing credit crunch.

description: a chart showing the fluctuation of bond yields over time.a line graph is shown with fluctuations in bond yields over a period of time. the graph shows an inverted yield curve, where short-term yields are higher than long-term yields. this is often seen as a warning sign of an upcoming recession.

Fresh fears over a recession-inducing credit crunch are spurring bond bulls to ramp up bets that the Federal Reserve will embark on the most aggressive interest-rate cuts in over a decade. This comes as investors point to record debt supply as gilt yields climb above those on US Treasuries. The bond market volatility that has been triggered by escalating trade tensions between the US and China has also increased demand for safe-haven assets such as bonds. As a result, the yield curve has inverted, which is often seen as a warning sign of a future recession.

Apple Inc. is selling debt in the US blue-chip bond market Monday as a flood of borrowers raise cash ahead of key inflation readings later this week. This comes as investors seek safety in debt markets amid concerns over global economic growth. The tech giant is looking to raise $7bn in the sale, which includes both fixed and floating-rate notes. The offering is expected to be the company's first debt sale of 2019.

A midweek bond rally fueled by worries over the economy and banking system was cut short on Friday when the labor market again proved to be a bright spot in the US economy. The US Labor Department reported that nonfarm payrolls increased by 164,000 in July, which was above expectations. This caused yields on benchmark 10-year US Treasury notes to rise back above 1.8%. Despite this setback, analysts say that the bond market is still pricing in a high probability of a recession in the next year or so.

The possibility that the federal government will soon be unable to finance its normal operations has become very real. The US Treasury has said that it will have to start using extraordinary measures to avoid hitting the debt ceiling, which is currently set at $22tn. This means that the government will have to start borrowing from federal employee retirement funds and other accounts to pay its bills. This could lead to further volatility in the bond market as investors become more concerned about the US government's ability to finance its debt.

The SGB Series VI of SGB 2017–18 redemption price has been made published by the Reserve Bank of India (RBI), and it is due on May 6, 2023. Sovereign Gold Bonds (SGBs) are government securities denominated in grams of gold. They are substitutes for holding physical gold. Investors have to pay the issue price in cash and the bonds will be redeemed in cash on maturity. The redemption price is based on the simple average of the closing price of gold of 999 purity for the last three business days of the week preceding the subscription period.

Global star Priyanka Chopra shared photos of taking her daughter Malti Marie out for a play date, and even shopping, on Saturday. The actress has been busy promoting her latest movie, The Sky Is Pink, which released in India on October 11. She has also been in the news for her recent wedding to American singer Nick Jonas. Chopra has been a vocal advocate for women's rights and has worked with the United Nations to promote gender equality.

A rally in India's sovereign bonds may end soon, as traders shift their focus to upcoming heavy debt issuances from the positive impact of the corporate tax cut. The government is planning to raise a record Rs 4.42tn ($61bn) in the second half of the fiscal year, which is almost twice the amount raised in the first half. This is expected to put pressure on bond yields as investors demand higher returns to compensate for the increased supply. Despite this, analysts say that the outlook for India's economy remains positive, with strong growth expected in the coming years.

The Lucasfilm president talks bringing the galaxy back to the big screen. In a recent interview with Empire, Kathleen Kennedy discussed the challenges of making Star Wars movies in the current era. She said that while the franchise has always been about pushing boundaries, it is important to balance that with the expectations of the fans. Kennedy also talked about the upcoming release of Star Wars: The Rise of Skywalker, which is set to hit theaters in December. The movie is expected to be a box office hit, as fans eagerly await the conclusion of the Skywalker saga.

bondfederal reserveinterest-rate cutsrecessioncredit crunchdebt supplygilt yieldsus treasuriessafe-haven assetsyield curvetech giantinflation readingslabor marketdebt ceilinggovernment securitiesgoldactresswomen's rightscorporate tax cutbond yieldslucasfilmstar wars

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