Brazil’s Campos Neto says markets perceiving less monetary intervention

JACKSON HOLE, Wyoming, – Brazil’s central bank chief Roberto Campos Neto said on Saturday that recent volatility may be showing the market is pricing in less room for fiscal and monetary intervention in the future. Campos Neto, speaking at the Kansas City Federal Reserve’s annual economic conference in Jackson Hole, Wyoming, said it will get … Read more

US Yields Fall as Jobs ‘Seal the Deal’ for Fed Cut: Markets Wrap

Bond yields fell as a big downward revision of US payrolls reinforced bets the Federal Reserve will cut rates in September. Treasuries rose across the curve, with the move led by shorter maturities. Swap traders are pricing in about 100 basis points worth of easing in 2024. The implied rate on the contracts show traders … Read more