Tag Archives | Stress Test

MIB Daily: The Bond Market Is Doing the Fed’s Hiking, a 5.292% 10-Year Defies Cooler PCE as Tech Stands Alone, Banks and Pharma Get New Rules and Crude’s September Surge Tests the Pause Before Friday’s Payrolls

A cooler August PCE cut October hike odds to about 37% from 51%, and Goldman pushed its next-hike call to December. Bonds balked: the 10-year rose 5.0 bps to 5.292%, highest since April 2002 per Investing.com, and 30-year mortgage rates hit 7.30%. A late selloff left only the Nasdaq 100 higher. The Fed finalized a stress-test overhaul over Barr’s dissent, CMS tied Part B drug rebates to international prices, and Amazon signed a 20-year nuclear deal with Constellation.

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  ANNOUNCEMENT : The next generation WLEI3 had its first out-of-sample update! An auspicious moment for index builders.