Treasuries rose after Federal Reserve Governor Christopher Waller said he’d be inclined to leave interest rates unchanged as long as inflation continues to slow.
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Tony Rodriguez, head of fixed income strategy at Nuveen, explains his firm’s position on duration and how that would change with a series of interest rate hikes from the Federal Reserve. (Source: Bloomberg)
Blackstone limited redemptions from its Blackstone Private Credit Fund to 5% after investors sought to pull shares. Swetha Gopinath has more on Bloomberg Open Interest. (Source: Bloomberg)
Ukraine attacked a small service ship involved in planned repair works at the key CPC oil terminal in the Black Sea, a person with knowledge of the matter said. The facility is vital to Kazakstan’s crude exports.