Carolina by Mandl, Matt Tracy and Gertrude Chavez-Dreyfuss
New York (Reuters)
A more friendly president for the cutting rates of the Fed can be mixed for capital as soon as possible, it means more expensive debt costs and more expensive debt costs for corporate bonds.
Because January returned to the White House, Trump has repeatedly railed against Powell LED to prevent interest rates.
If market participants accept the violation of the Fed independence, the actions in financial assets may be wild, some analysts say. One of the best risks is that investors sell the treasury bonds, the US debt market is the lifting of interest rates with short-term payment than short-term securities.
“Markets believe that the increase in the economic outcome of a politically attractive fed, which will increase the increase in long-term inflation expectations, this is also a curved, active manager Janney Capital management
“It is impossible to be confident in the size of the action, but my guess will be great – perhaps not a point of destination, but measured in interest in 30 years of treasury products.”
Fed’s meeting released on June 17-18, the meeting released last week, provides little support for the collection of the Central Bank on July 29-30, because most politicians are concerned about inflation risks that most politicians can disrupt import tariffs.
Nevertheless, Trump Powell’s resignation said “It will be a great thing.” The president and his leadership, which fed a monetary policy dispute, openly called Powell’s performance or in more cases this month.
“Short-dated products In this scenario in this scenario in this scenario, increasing a higher level for premium, which is a higher-dated progress based on the rapid progress, the fed, the Truist Hughey, Truist Advice Service in Truist Consulting Services
Bond investors are prices in increasing price pressures of price pressures in the inflation market for the next few years. As shown in the United States, inflation inflation ended with 5 years of treasured securities, 2,476% on Monday after a three month later.
In the last way in Powell in recent times, the White House is overcame the cost in the repair of the Fed’s historic headquarters in Washington.
Question strengthened the concerns between the market participants for the Trump management to try to burn Powel for the reason, perhaps the only legal way for it. The US Treasury has increased by 30 years of productivity on Tuesday, 5% for the first time since the country’s recent country, because the investors rated the risk of annoyance and central banking on the country’s giant financial deficit.
Fed spokesman pointed out previous statements of Powell. During the first time of the President of the White House, the Fed-based Fed manager performs Powell’s seat in Powell in 2026 in 2026.
The White House did not respond immediately to a Reuters request for comments.
“I still see the risks minimal enough, but it’s higher than one or two before,” said Raymond James Head of the market strategy in the investment management Matt Orton. Orton is still a diversification from treasures and a diversification of gold and high quality value and growth capital. “Currently, there is only no risk prize for me in the treasures.”
Hunt
While Powell is less likely to be overthrown or resigned, analysts look at the chance to make a chance to influence the Proceeding Patient to influence monetary policy through the Chief of the Federation of TRUC.
US Treasury Secretary Scott Bessent said that the Trump administration is now in the spotlight for the replacement of this fall for Powell this month.
Morgan Stanley said the risk of a shadow-fed head in a note was a fewer questions at this point.
“Powell’s expiry is a greater risk for our forecast for our forecast, the Fed … is a very modest place,” Seth Carpenter, Morgan Stanley is a chief global economist.
Although the market participants weaken the independence of the Central Bank, many investors enter the portfoliosis of this perspective.
JPMorgan CEO Jamie Dimon pointed to these risks on Tuesday: “The Fed’s independence is not only for the fed-fed chair, but not for the chairman of the next Fed.”
“Playing around with the Fed, can often be negative results, in the opposite way you can hope,” Dimon added.
George Bory, Allspring has a head investment strategy for fixed income, active manager, in accordance with future ratio reduction and growing budget incisions, placed for more dikel productivity curves.
“This means a lot of position to a position of position for a dikel curve in the coming months and a quarter. He supports economic, and then there is a political landscape,” he said.
If the shares first could get a boost from low prices, the pressure of higher long-term degrees will shade on them.
Jack Ablin, General Investment Officer at CRESSET Capital, US Capital “Probably said, but I think it will continue to accelerate the trend of global investors who are away from the United States”
“Once investors question the fed’s independence, it’s just a less money environment,” said Ablin.
(Additional report by Carolina Mandl, Matt Tracy and Gertrude Chavez-Dreyfuss; Lewis Krauskopf;
