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Marc Chandler – The Effects Of Central Bank Tightening On Bond Yields

Shad Marquitz
November 5, 2021

Marc Chandler, Managing Partner at Bannockburn Global ForEx and Editor of the Marc to Market website, joins us to discuss the trend in global central bank tightening policies and the effects these are are having in the bond market.  We look at the interesting phenomenon of bonds getting a bid and driving down treasury yields in many countries, even as central banks start to pull back their accommodative buying.   Next we get Mark’s thoughts on how the Fed is viewing both inflation and the labor markets, with PPI and CPI data expected to be released next week.  We also review the recent action in the US Dollar and where things are headed in the currencies. This all ties into the changes in market expectations for Fed policy as we move to next year and a possible rate hike scenario.

Click here to visit Marc’s website and keep up to date on his daily market and data commentary.

Discussion
1 Comment
    Nov 05, 2021 05:05 PM

    Supply Chain Issues See No Relief In October: Oxford Economics
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    Thomas Hum – November 5, 2021
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    “Current global supply chain issues, which some experts believe may last until early 2023, continue to hammer industry sectors from consumer discretionary to autos and housing. According to an Oxford Economics research briefing by economist Oren Klachkin, overall U.S. supply chain pressures worsened during the month of October after having eased in September.”
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    “Preliminary data show that logistics difficulties remained the most acute source of stress while prices, activity, and labor challenges increased,” Oxford Economics said. “Inventory pressures fell slightly, but conditions remain far from optimal as supply struggles to keep up with demand.”
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    https://finance.yahoo.com/news/supply-chain-issues-see-no-relief-in-october-oxford-economics-204804721.html