"The inflation number was stronger than expected. The Federal Reserve is now saying higher for longer. U.S. credit default slots on the U.S. government just hit one year highs, higher than they were in 2008 during the great financial crisis. The Treasury noted that they upsized the amount they are going to have to borrow by 60% than they expected three months ago. There is not as much attention on what higher for longer means for the U.S. government's interest expense. Also, U.S. tax receipts are falling at an individual level," says Luke Gromen.
Futures
15 Feb 2023
SHARE
Futures
31 Jan 2024
Futures
15 Nov 2023
Trading 360
08 Dec 2023
The Watch List
09 Feb 2024
The Watch List
01 Feb 2024
The Watch List
08 Jan 2024