Survey shows hedge funds tightening nonprice terms due to liquidity issues.

by Dismal-Jellyfish Source: https://www.federalreserve.gov/data/files/scoos_202306.pdf Summary The June 2023 Senior Credit Officer Opinion Survey on Dealer Financing Terms (SCOOS) collected qualitative information on changes in credit terms and conditions in securities financing and over-the-counter (OTC) derivatives. In addition to the core questions, …

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Federal Reserve issues FOMC statement: the Committee decided to maintain the target range for the federal funds rate at 5 to 5-1/4 percent.

by Dismal-Jellyfish Source: https://www.federalreserve.gov/newsevents/pressreleases/monetary20230614a.htm Recent indicators suggest that economic activity has continued to expand at a modest pace. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated. The U.S. banking system is …

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Hedge funds are betting against short-dated Treasuries as the Federal Reserve’s tightening cycle is far from over… World Bank: Global economic growth expected to slow to 2008 levels

Hedge funds are continuing to bet against short-dated Treasuries, extending their record selling streak as wagers mount that the Federal Reserve’s tightening cycle is far from over.  https://t.co/98PnJfM6c7 pic.twitter.com/fFQVUQb7Hp — Mo Hossain (@MoHossain) June 12, 2023 🚩 Deutsche Bank expects …

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