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The quarter-point hike was political, not economic, says Sri-Kumar Global's president
14 predictions: Why he wanted 50 basis points, when the second hike lands, and the reason he says the Treasury's bond buyback failed on its own numbers
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Damped Spring CIO on bonds: "nobody wants to own real Treasuries at 3% yield"
16 arguments: Why he says inflation only falls when asset prices do, what the Fed can and cannot do to 10-year yields, and why Japan is finally…
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More than half of US homes fell in price in 12 months — Whalen Global Advisors chairman
13 calls: Why the Fed gets forced back into bond buying, the $2T deficit that makes a rate hike beside the point, and the insurers he says will not be…
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Ex-BofA rates chief: 5.25% on the 10-year is where the AI trade breaks, not 6%
18 calls: Why he thinks Trump has to ban Chinese AI models before Anthropic's IPO, the $1.3T secondary bid against a $2T ask, and the oil trade he set…
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Mizuho strategist: a one-and-done hike takes the 10-year to 5.25% and then 5.5%
5 predictions: Why he reads Jackson Hole as a change in the Fed's model of inflation, what the savings rate has already done, and the three-to-four…
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Fidelity's first foreign fund manager: AI is the biggest misallocation in history
6 arguments: Why he says the cash flows do not exist, what the Treasury Secretary and the Bank of England have in common, and the one advice he would…
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BlackRock's fixed income CIO: the Fed will hike, and it will not touch inflation
9 calls: What 100bps of rate rises costs the US government, the 7.2% he is getting inside three years, and why he now grades equities a B minus
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HSBC's macro team: a September hike is close to 50-50 and the 10-year ends 2026 at 4.65%
12 calls: Why a 50bp rise in yields now hits equity valuations about half as hard as in 2022, the $2T deficit heading for the debt limit, and the PCE…
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Trey Reik: entitlements, interest and veterans' affairs are 105% of receipts
8 arguments: Why the Treasury's seven emergency moves point to yield curve control, what a 10-year yield above 5% does to gold, and the 4270 line he is…
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David Rubenstein: paying more interest than defense is how a country weakens
13 insights: What the $40T debt bill is already costing the Pentagon, why 19% of US adults cannot read past the 4th grade, and who owns the only Magna…
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Dan Orlando: the data-center build will not slow whether the Fed hikes 50bps or 100bps
7 calls: Why the curve steepener became the most challenged trade in rates, what tripling the Treasury's buyback program did not fix, and where the bond…
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BofA's strategists: over 80% of clients say Warsh's communications are ineffective
13 calls: why the desk is sticking at 75bps against a market pricing 90, what the Taylor rule says the funds rate should be today, and why the buyback…
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