PST News and Press, ProShares UltraShort Lehman 7-10 Year Treasury From 02/05/24

2024-02-05 22:35:00 ET Summary It is normal to see huge swings in bonds and stocks on a day when the Fed Chairman releases his FOMC statement and holds a press conference. What is far from normal, however – although we have seen it occasionally – is to see a sharp se...

2024-02-04 04:15:00 ET Summary Absolute Return Partners is a London-based investment advisory business. Founded by Niels Jensen in 2002, it focuses on providing bespoke alternative investment solutions to institutional investors. In total, it manages over $600 million of assets across...

2024-02-04 02:12:00 ET Summary Instead of pivoting directly toward an easing bias, the Federal Open Market Committee opted for a wait-and-watch approach in January. Zillow’s observed rents are up 27% since January 2021, while PCE tenant and owner-occupied rent levels are up...

2024-02-03 08:45:00 ET Summary The employment data (released on Friday by the Bureau of Labor Statistics) was as you’d expect from an economy that is growing at a good pace. The acceleration can be seen in the three-month moving average, which irons out some of the month-to...

2024-02-03 05:47:00 ET Summary The major US indices continued to melt higher in January, with the Nasdaq, Dow Jones Industrial Average, and S&P 500 all making gains. The incremental strength in equity markets was set against a backdrop of a resilient, growing US economy. T...

2024-02-02 19:52:00 ET Summary Why a Fed rate cut may be pushed to the second quarter. The conditions needed for the Fed to cut rates. The outlook for bonds as traders re-evaluate the Fed's next move. The U.S. Federal Reserve has signaled an interest rate cut may not...

2024-02-02 10:42:00 ET Summary January payrolls surged 353k versus 185k consensus. The blowout jobs report - payrolls surging, wages jumping, unemployment falling - means the Fed will be in no hurry to cut interest rates. Nevertheless, the report contradicts lots of evidence e...

2024-02-02 07:27:00 ET Summary The US data continues to refuse to convincingly break one way or another. This will leave members of the Federal Reserve unconvinced there is enough evidence to justify cutting interest rates as soon as March. The US manufacturing ISM index was stron...

2024-02-02 03:20:00 ET Summary While interest rates were left unchanged at the January Fed meeting as expected, there were some interesting hints about future monetary policy. Powell stressed that the Fed would continue to be hyper-focused on its dual mandates of price stability a...

2024-02-01 14:52:00 ET Summary How does the outperforming US economy play into the Fed's strategy? What is the bond market telling us about when rate cuts may start? How many rate cuts do you see in 2024? The Federal Reserve held its key interest rate steady for a fo...