Hints and tips:
...Spotted in attendance this year were former Drexel bankers Leon Black, Marc Rowan and Richard Handler....
...“The markets feel the door is open in terms of reacting strongly to weak PMI data,” said Richard McGuire, head of rates strategy at Rabobank....
...Richard McGuire, head of rates strategy at Rabobank, said: “The market has been on a knife-edge for some time: it doesn’t take much in terms of a firmer datapoint or flow to see the market undertake a violent...
...In April, Lazard brought on as president Ray McGuire, the longtime Wall Street rainmaker who had most recently run for mayor of New York City....
...“It’s an obvious win in terms of being able to finance yourself easily,” said Richard McGuire, head of rates strategy at Rabobank....
...DBRS’s move “supports the already existing speculation that this is a path the other rating agencies will follow”, said Richard McGuire, head of rates strategy at Rabobank....
...Richard McGuire, head of rates strategy at Rabobank, noted that there has only been one previous occasion in the past decade when this spread has been negative; that was last summer, when the inversion was...
...“I can certainly see shorts throwing in the towel,” said Richard McGuire, head of rates strategy at Rabobank, adding: “I suspect this is a combination of the fact the trade has gone nowhere, and the emergence...
...Richard McGuire, head of rates strategy at Rabobank, said hedge funds closing out short positions, which surged in the run-up to the election, may also have boosted the Greek bond market on Monday....
...The other reason this is not yet really hurting stocks is that, just as it is not possible to be a little bit pregnant, “it is hard to price in a little bit of default”, say rates analysts Richard McGuire...
...“It’s like night and day,” said Richard McGuire, a fixed-income strategist at Rabobank....
...“Even though the UK is a basket case of its own making, the fact is the same pressures are being acutely felt elsewhere,” said Richard McGuire, a rates strategist at Rabobank....
...“Even if inflation does pass its peak, the central banks are going to remain hawkish,” said Richard McGuire, head of rates strategy at Rabobank....
...McGuire....
...Alistair McGuire, head of the health policy department at the London School of Economics, said European countries toughened their policies because of these higher prices....
...“All this uncertainty and U-turns are bad from a market perspective,” said Richard McGuire, a fixed-income strategist at Rabobank....
...Italian bonds were being hit by an “unpalatable combination” of the prospect of chunkier rate rises along with a lack of detail on any new tools to keep a lid on sovereign bond yields, said Richard McGuire...
...“The ECB has stuck to the mantra of no rate hikes this year, but the market is clearly challenging that view,” said Richard McGuire, a rates strategist at Rabobank....
...“For Fed officials, there is as yet no evidence to suggest the latter concerns are outweighing the former,” wrote Richard McGuire and Lyn Graham-Taylor at the bank....
...Markets are now pricing in an interest rate rise from the ECB this year, an unlikely prospect given the squeeze on living standards caused by high inflation, according to Rabobank strategist Richard McGuire...
...McGuire of Rabobank....
...Even so, markets had expected slightly more bond buying in 2022 than the total implied by the ECB’s revised plans, according to Richard McGuire, Rabobank strategist....
...The “New York for Ray” committee has raised more than $4m from donors including former American Express chief executive Ken Chenault, former Lehman Brothers chief Richard Fuld and billionaire Home Depot...
...“Rates in the eurozone and US have on multiple occasions been driven by the anticipated actions of central banks that are normally on the periphery,” said Rabobank rates strategist Richard McGuire....
...“We’ve seen on a number of occasions now that these central banks that are usually on the fringes of global markets have been in the driving seat,” said Rabobank rates strategist Richard McGuire....
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