Tuesday, October 3, 2023

Tuesday Evening Links

[Yahoo/Bloomberg] Wall Street Fear Gauges Ratchet Up After Jobs Data: Markets Wrap

[Reuters] S&P 500 ends at lowest since June 1 as data fuels rate worries

[Yahoo/Bloomberg] Bond Rout Deepens With No Peak in Sight for Unmoored Rates

[Reuters] Yen surges against dollar, leads some to suspect intervention

[Yahoo/Bloomberg] Credit Markets Wobble as Fed Speak, Data Fan Rate-Hike Angst

[Yahoo/Bloomberg] Panic Creeps Up as VIX Curves Invert for First Time Since March

[Politico] McCarthy ousted as speaker of the House

[Axios} McCarthy Ousted as Speaker

[Reuters] Kevin McCarthy ousted as House Speaker in historic vote

[Yahoo Finance] Two Fed officials warn rates to remain high for some time

[Reuters] Fed officials see high long rates as "complicated," but not yet a threat

[Reuters] DoubleLine's Gundlach says Fed's 'higher for longer' stance a problem

[AP] More evidence that the US job market remains hot after US job openings rise unexpectedly in August

[Reuters] US new vehicle sales jump in third quarter as UAW strike casts shadow

[Reuters] Treasury's Yellen says US overdependent on China for critical supply chains

[Yahoo Finance] Orange juice prices are soaring. Don’t expect relief anytime soon.

[WSJ] When Will the Fed Stop Raising Rates? That’s the Trillion-Dollar Question for Bond Investors

[FT] Bond sell-off intensifies as long-term US yields hit 16-year high

[FT] Estimating Chinese corruption