Stocks, Treasuries Rebound as Oil Slips on Easing Middle East Supply Risks
Updated
Updated · Bloomberg · Sep 17
Stocks, Treasuries Rebound as Oil Slips on Easing Middle East Supply Risks
3 articles · Updated · Bloomberg · Sep 17
Summary
Stocks and Treasuries bounced back after their Fed-day drop, with the recovery driven by lower oil prices and renewed confidence that inflation pressures may ease.
Middle East supply disruption fears softened, pushing oil lower and improving the outlook for risk assets and bonds at the same time.
Citadel Securities' Scott Rubner said September is still likely to be volatile for equities, though he sees market conditions beginning to improve.
Japan added another policy watchpoint: strategists say the Bank of Japan could deliver a second rate hike in three months, but the yen may still weaken unless officials signal more tightening ahead.