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Monday Minutes with Greg Faranello, CFA | Oct 28th, 2024

The next few weeks are action-packed with the US Treasury’s Quarterly Refunding announcement, 3Q GDP, the Fed’s PCE Deflator, employment report, election, and Fed meeting.

Could it all be less fanfare than what meets the eye? Could be.

Rates have been repricing around better data, higher term premium, election spirits, and supply. Short term, the correlation between oil prices and UST 10-year has broken down but bigger picture lower energy costs should be supportive of the rate market.

Gregory (Greg) Faranello, CFA, Head of US Rates at AmeriVet Securities, Inc. shares his thoughts in this week’s Monday Minutes.