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INVESTORS NOT BEING PAID FOR RISK: TCW'S JAMIE PATTON

https://s.yimg.com/ny/api/res/1.2/_WDymkVLdLkODOL.CemwZA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD02NzU-/https://media.zenfs.com/en/bloomberg_markets_video_2/cb163ebb2421008145f5580297ebe619

✍️ Jamie Patton, co-head of global rates at TCW, discusses the current state of credit with Bloomberg's Scarlet Fu, highlighting the historic lows of credit spreads.

-- #JamiePatton #ScarletFu #business

ANALYSIS-FED'S RETICENCE ON RATE CUTS FORCES MARKET TO RETHINK OUTLOOK

https://media.zenfs.com/en/reuters-finance.com/e9f679b489d9a75341495c82b3824e19

✍️ The Federal Reserve's decision to avoid signaling imminent rate cuts has forced investors to dial back expectations for an easing at the next policy meeting.

👉 The Federal Reserve held interest rates steady in a split decision. 👉 The Fed gave little indication of when borrowing costs might be lowered. 👉 Investors are scaling back expectations for a rate cut at the next meeting in September. 👉 Treasury yields and the dollar rose, while stocks fell. 👉 Fed Chair Jerome Powell was careful to keep his options open on monetary policy.

-- #SaqibIqbalAhmed #DavideBarbuscia #SonuVarghese #JeromePowell #DavidSeif #JamiePatton #VishalKhanduja #NewYork #world