Tag: basis

Bond traders boldly bet on 300 basis points of Fed cuts by March

(Bloomberg) — Traders in the US rates options market are embracing a nascent wager on the Federal Reserve’s interest-rate path: a whopping 3 percentage points worth of cuts in the next nine months. Most Read from Bloomberg Over the past three sessions, positioning in the options market linked to the Secured Overnight Financing Rate shows […]

‘No basis’ for charges after investigation involving Hornell police chief

The Steuben County District Attorney’s Office closed an investigation into an “incident” involving Hornell Police Chief Ted Murray this week, finding no basis for criminal charges, DA Brooks Baker said Friday. According to Baker, Hornell police self-reported an unspecified incident involving Murray, the long-time chief of police, about a month ago. The nature of the […]

No legal basis to ban Islamist protest in Hamburg, police say

Another demonstration by the Islamist organization Muslim Interaktiv in Hamburg will be allowed to proceed, less than two weeks after an earlier demonstration caused a national uproar in Germany. Hamburg’s police chief Falk Schnabel said on Wednesday that the group’s planned demonstration called for Saturday will be subject to strict conditions by authorities. Muslim Interaktiv […]

Kremlin eyes failed Ukraine peace deal as basis for new talks

As Switzerland proposes to organize a peace summit to find a solution to the war in Ukraine, Moscow is now resurrecting an old solution – garnished with further demands. The Kremlin sees an agreement between Russia and Ukraine on a peace settlement that was negotiated shortly after the start of the war in 2022 but […]