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Felipe Villarroel, portfolio manager at TwentyFour Asset Management, said he recently swapped some 10-year Treasuries for higher yielding 30-year Treasuries. At these levels, yields give “a massive cushion in your total returns" to protect against bond prices falling further, he said. Yields on the benchmark 10-year U.S. Treasury were over 4.95% in Asia trade on Thursday, their highest level in more than 16 years, and 30-year yields breached 5% this month for the first time since 2007. An auction of 30-year U.S. Treasuries showed weak demand last week, sending yields higher. "The tightness that (bond yields) are imposing on the economy and markets is rising ... this caps the extra work the Fed needs to do," said Smith.

Persons: Jerome Powell, David Rubenstein, Amanda Andrade, Rhoades, Felipe Villarroel, Treasuries, Matt Smith, Ruffer, Buyers, Leslie Falconio, Ruffer's Smith, Smith, Davide Barbuscia, Michelle Price, Ira Iosebashvili, Nick Zieminski Organizations: Federal, Economic, of Washington, Washington , D.C, REUTERS, Treasuries, TwentyFour Asset Management, Bank of America Global Research, Treasury, UBS Global Wealth Management, BlackRock Investment Institute, Thomson Locations: Washington ,, Asia

Oil prices continued to push higher, with the international benchmark Brent crude price moving past $95 to its highest since November 2022. Reuters GraphicsInvestors and central bankers are contending with a sharp rise in oil prices as demand has picked up but Saudi Arabia and Russia have limited supply. Samuel Zief, head of global FX strategy at JPMorgan Private Bank, said central banks should not be overly concerned by the run-up in oil prices, which he said should fade as economies slow. "What the central banks are really, really focused on, it's not really the supply-side energy shocks anymore, it's really the sticky services part of the inflation basket," he said. "Pick whatever central bank you want, they're talking about either they're done already or they'll do one more hike and they'll go on pause."

Persons: Germany's DAX, Duncan MacInnes, Jerome Powell's, Samuel Zief, it's, Kazuo Ueda, Harry Robertson, Kevin Buckland, Lewis Jackson, Stephen Coates, Bernadette Baum, Chizu Organizations: Federal Reserve, Bank of England, Bank of Japan, Brent, FTSE, Nasdaq, Reuters Graphics Investors, . West Texas, JPMorgan Private Bank, of England, Bank of, Japan's Nikkei, Tokyo, Reuters, Thomson Locations: TOKYO, Asia, Japan, U.S, Saudi Arabia, Russia, Bank of Japan, London, Tokyo

May 28 (Reuters) - Good news of a tentative deal for the U.S. debt ceiling impasse may quickly turn out to be bad news for financial markets. "That's where the debt ceiling matters." In that case, "the impact on broader financial markets would likely be relatively muted," Daniel Krieter, director of fixed income strategy, BMO Capital Markets, said in a report. Some bankers said they fear financial markets may not have accounted for the risk of a liquidity drain from banks' reserves. Bankers put it to hope that the debt ceiling impasse would be resolved without significant dislocation to markets, but warn that's a risky strategy.

ORLANDO, Florida, April 28 (Reuters) - With the U.S. debt ceiling crisis set to reach boiling point between June and August, it already promises to be a long hot summer for financial markets. - and inflation is high, while history shows the U.S. Congress certainly has the ability to push debt ceiling negotiations to the brink. "Markets are fundamentally intolerant of tightening liquidity conditions, and you could see this confluence of tightening liquidity where the debt ceiling and YCC come together," said Alex Lennard, investment director at Ruffer LLP. Default fears could suck more money out of bills and into safer parts of the money market universe like the Fed's RRP, exacerbating broader market liquidity conditions. Related columns:- 'Peak Fed' aggravates U.S. debt ceiling strains- Inequality and 'deposit glut' sowed bank instabilityBy Jamie McGeever; Editing by Andrea RicciOur Standards: The Thomson Reuters Trust Principles.

LONDON, March 22 (Reuters) - The banking turmoil sparked by the collapse of Silicon Valley Bank is not yet over, and a significant number of banks will fail within two years, the CEO of hedge fund Man Group (EMG.L) told a Bloomberg conference in London on Wednesday. Asked whether the crisis in the sector was over, Man Group's Luke Ellis told delegates he did not think so. "I think we will have significantly more banks that don't exist in 12-24 months," Ellis said, adding that he thought smaller and regional banks in the United States and challenger banks in Britain could be at risk. Many hedge funds have made money from the banking sector volatility in recent days by betting against banks. Central banks globally have responded to the turmoil with coordinated measures to ensure the flow of cash between banks around the world.

☆ Analysis: Declining U.S. bank reserves add wrinkle to contentious debt ceiling issue
▼ + stars: | 2023-03-10 | by ( Gertrude Chavez-Dreyfuss | ) www.reuters.com time to read: +5 min

Bank deposits, which are part of reserves, also dropped with customers seeking higher-yielding alternatives for their cash. Lower reserves constrain banks' balance sheets, hampering their ability to lend to finance corporate growth and expansions, analysts said. As of March 8, bank reserves during the week averaged $2.999 trillion, Fed data show, falling around $1.3 trillion from a peak of $4.3 trillion in December 2021. Volumes on reverse repos have hit north of $2 trillion since June last year, even as bank reserves have dwindled. And cash assetsDeposit outflows, reverse repos, and bank reserves are all inter-related.

MIAMI, Feb 2 (Reuters) - The mood at the annual 'Miami hedge fund week' gatherings this week was as bright as the winter sunshine, with one notable dark cloud on the 2023 horizon: U.S. stocks. But right now in the hedge fund and alternative market investor community, reluctance to get sucked in is trumping fear of missing out. And there is no shortage of reasons why - inflation, weak earnings, squeezed margins, recession, 'higher for longer' interest rates. Despite massive Fed tightening and the prospect of liquidity drying up significantly this year, investors see opportunities out there. This suggests equity investors are betting heavily on the Fed successfully engineering a 'soft landing' - possible, but far from certain.

Spreads indicate the premium investors demand to hold corporate bonds rather than safer government debt. However, some investors expect credit spreads may widen again to reflect a recession potentially ahead. Hedge funds and some asset managers short credit, meaning they are betting on a fall in a bond's price, by buying products like credit default swaps (CDS), which rise in value if the risk of a credit default event increases. Primary markets indicate there is no lack of demand for corporate bonds. They expect credit spreads to widen in the first half of this year.

☆ Meme stock mania may finally be over
▼ + stars: | 2022-12-06 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +4 min

Meme stocks, that is. Shares of movie theater chain AMC (AMC) have plummeted 55% this year. But investors may also be realizing that companies like GameStop, AMC and Bed Bath & Beyond face legitimate challenges. But mostly, investors are aware of the fact that in uncertain times like this, it may make more sense to play it safe instead of taking a huge gamble on a meme stock. Add all that up and it’s a miserable time for investors to be considering speculative meme stocks.

☆ Почему дорожает биткоин и как долго это будет продолжаться
▼ + stars: | 2021-01-08 | by ( Super User | ) mybusiness.md time to read: +4 min

К октябрю цена биткоина выросла примерно до $10 700. Но уже в середине декабря курс начал расти стремительно, и биткоин подорожал более чем в два раза. Впечатляющий рост биткоина за последнюю неделю связан с негативными новостями на рынке криптовалют, считает Мазур. Можно скептически относиться к ее состоятельности, однако цена биткоина с достаточной точностью повторяет модель S2 °F, чтобы допускать дальнейшее развитие ситуации в соответствии со смелыми прогнозами голландского инвестора. Если сценарий продолжит реализовываться и в 2021 году, то уже в сентябре мы увидим шестизначную цену биткоина".

Persons: — Forbes, Юрий Мазур, Мазур, Артем Деев, Евгений Коган, Никита Зуборев Organizations: BTC, CEX.IO, ЦБ, Комиссия по ценным бумагам и биржи, ВШЭ Locations: США ()

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