Turbulent US Funding Market Forewarns of a Volatile End to 2024

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 39 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 50%
  • Publisher: 50%

Bonds Nachrichten

Business,Currencies,Government

The latest heightened liquidity pressures in the US funding market have some on Wall Street nervous about even greater challenges in the final month of the year.

Alexandra Harris and Carter JohnsonArt Hogan, chief market strategist of B. Riley Wealth Management, joins BNN Bloomberg and talks about the U.S. job creation roared higher in September.

“Year-end is now a bigger issue given the volatility” at quarter-end, said Peter Nowicki, head of repo trading at Wedbush Securities Inc. Funding markets will also feel pressure from global systemically important banks, or GSIBs. At year-end, a snapshot of GSIBs’ exposures is taken to determine whether their capital requirements will increase for the following full calendar year. So when institutions are tidying up their balance sheets, it’s easier to trim repo activity, according to Jan Nevruzi, a US rates strategist at TD Securities, adding that companies are less likely to transact in “low margin businesses.

“The bigger problem is the dislocation of cash lenders and borrowers,” said Nowicki. “It seems if the lenders don’t lend, we could get a spike.”

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 83. in CH
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Desjardins Eyes Australian Bond Market for Funding DiversificationDesjardins Group, North America's largest financial services cooperative, is considering issuing bonds in the Australian dollar market to diversify its funding sources and support its growing lending book.
Herkunft: BNNBloomberg - 🏆 83. / 50 Weiterlesen »

Vietnam Scraps Stock Pre-Funding Rule With Eye on Market Upgrade(Bloomberg) -- Vietnam will remove a requirement for overseas investors to fully pre-fund equity trades, marking the country’s latest effort to boost its...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Iran and Israel market impact: Market Domination OvertimeAfter markets (^DJI,^GSPC, ^IXIC) closed lower amid increased geopolitical tensions, Julie Hyman and Josh Lipton look at the top stories of the trading day, ...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »