Unhidea explains global investment research, selected interviews and market briefs. Explore source attribution, dates, key assumptions and the reasoning behind each article.
Goldman Sachs expects one more rate hike in this cycle, fewer than the roughly three priced in by markets. Historically, stocks have often stumbled briefly after the first hike, but improving inflation, growth concerns and prolonged tightening produce different asset performances.
Goldman Sachs ·
A Bank of America model shows that shorts in intermediate- and long-term US Treasuries have been substantially covered, while S&P 500 futures are only about 0.5% from the first CTA sell trigger. Over the coming week, systematic strategies could net sell 48 billion US dollars of global equities even if markets are flat.
Bank of America ·
Rick Rieder, BlackRock’s chief investment officer of global fixed income, speaks with Bloomberg’s The Asia Trade: demand for 10-year Treasuries is muted even as their yield approaches 5%; portfolios yielding around 7% can already be assembled at the front end of the curve, and the 60/40 portfolio is outdated. Secured single-A-rated technology bonds issued to finance GPUs and data centers are emerging as the most attractive new opportunity in the bond market.
Bloomberg Television ·
Cresset Chief Investment Officer Mike Silverman speaks with Fox's *Barron's Roundtable*: He is not worried about inflation spiraling out of control, believes bond yields have peaked around 5%, and expects the Federal Reserve to keep raising rates to bring inflation down. He also discusses why divergent consumer experiences are key to understanding the current economy.
Fox Business ·
Pressure on French government bonds and weakness in technology stocks drove Treasuries higher, but JPMorgan believes near-term valuations have become expensive and prefers a trade betting on a wider spread between 10-year and 30-year yields. Auction data show that foreign and long-end demand remains strong, although buyers have become more price-sensitive across most maturities.
J.P. Morgan ·
10 月 23 日 Bloomberg Surveillance 晨间节目：Liz Ann Sonders 称 AI 叙事从「谁花得最多」转向「谁负担得起」，Jean Boivin 转向看多美债，Bill Dudley 解读美联储「三人组」是否健在。
Bloomberg Television ·
DoubleLine 副首席投资官 Jeffrey Sherman 做客 Bloomberg《Real Yield》，判断本轮美债反弹只是超卖后的技术性修复，基本面没有实质变化；DoubleLine 依然大幅低配甚至做空长端。
DoubleLine Capital ·
