US 在庫/株 未来s, 社債s 決起大会/結集させる as markets flirt with Fed pause

Asian 株式市場s : https://tmsnrt.rs/2zpUAr4

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U.S. 当局 行為/法令/行動する to stabilise banks

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Markets 推測する on いっそう少なく 積極的な Fed 引き上げ(る)s

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Short-称する,呼ぶ/期間/用語 財務省 産する/生じるs 宙返り/暴落する, Fed 未来s jump

By Wayne Cole

SYDNEY, March 13 (Reuters) - U.S. 在庫/株 未来s 決起大会/結集させるd in 緊張した Asian 貿易(する) on Monday as 当局 発表するd 計画(する)s to 限界 the fallout from the 崩壊(する) of Silicon Valley Bank (SVB), while 投資家s wagered a 率 引き上げ(る) this month was no longer a certainty.

The dollar slid as Goldman Sachs 予報するd the U.S. 連邦の Reserve would no longer 解除する 利益/興味 率s next week, capping the biggest 決起大会/結集させる for short-時代遅れの 財務省s since 1987.

The wild sea change in markets (機の)カム after the Fed and U.S. 財務省 発表するd a 範囲 of 対策 to stabilise the banking system and said depositors at SVB would have 接近 to their deposits on Monday.

The Fed said it would make 付加 基金ing 利用できる through a new Bank 称する,呼ぶ/期間/用語 基金ing Program, which would 申し込む/申し出 貸付金s up to one year to depository 会・原則s, 支援するd by 財務省s and other 資産s these 会・原則s 持つ/拘留する.

The moves (機の)カム as 当局 took 所有/入手 of New York-based 署名 Bank, the second bank 失敗 in a 事柄 of days.

分析家s 公式文書,認めるd that, importantly, the Fed would 受託する collateral at par rather than 場内取引員/株価 to market, 許すing banks to borrow 基金s without having to sell 資産s at a loss.

"These are strong moves," said Paul Ashworth, 長,率いる of North American 経済的なs at 資本/首都 経済的なs.

"Rationally, this should be enough to stop any contagion from spreading and taking 負かす/撃墜する more banks, which can happen in the blink of an 注目する,もくろむ in the 数字表示式の age," he 追加するd. "But contagion has always been more about irrational 恐れる, so we would 強調する/ストレス that there is no 保証(人) this will work."

投資家s 反応するd by sending U.S. S&P 500 在庫/株 未来s up 1.6%, while Nasdaq 未来s rose 1.7%. EUROSTOXX 50 未来s 会社/堅いd 0.3%, and FTSE 未来s 0.1%.

MSCI's broadest 索引 of Asia-太平洋の 株 outside Japan climbed 1.4%, helped by 伸び(る)s in 中国.

Chinese blue 半導体素子s 追加するd 0.8% after Beijing surprised by keeping the 長,率いる of the central bank and 大蔵大臣 in their 地位,任命するs on Sunday, prioritising 連続 as 経済的な challenges ぼんやり現れる at home and abroad.

Japan's Nikkei fell 1.6% as bank 在庫/株s took a (警官の)巡回区域,受持ち区域ing, while South Korea rose 0.2%.

A NEW HEADACHE FOR THE FED

Such was the 関心 about 財政上の 安定, that 投資家s 推測するd the Fed would now be 気が進まない to 激しく揺する the boat by 解除するing 利益/興味 率s by a 最高の-sized 50 basis points next week - and might not even 引き上げ(る) at all.

Fed 基金 未来s 殺到するd to price out any chance of a half-point 引き上げ(る), compared with around 70% before the SVB news broke last week. Instead, 未来s 暗示するd around a 14% chance the Fed would stand pat.

The 暗示するd 頂点(に達する) for 率s (機の)カム all the way 負かす/撃墜する to 5.08%, from 5.69% last Wednesday, and markets were 支援する to pricing in 率 削減(する)s by the end of the year.

"In light of the 強調する/ストレス in the banking system, we no longer 推定する/予想する the FOMC to 配達する a 率 引き上げ(る) at its next 会合 on March 22," wrote 分析家s at Goldman Sachs.

"We have left 不変の our 期待 that the FOMC will 配達する 25bp 引き上げ(る)s in May, June, and July and now 推定する/予想する a 5.25-5.5% 終点 率, though we see かなりの 不確定 about the path."

Such talk, 連合させるd with the 転換 to safety, saw 産する/生じるs on two-year 財務省s 宙返り/暴落する a その上の 17 basis points to 4.42%, a world away from last week's 5.08% 頂点(に達する).

産する/生じるs were now 負かす/撃墜する 66 basis points in just three 開会/開廷/会期s, a 減少(する) not seen since the 黒人/ボイコット Monday market 衝突,墜落 in 1987.

Longer-時代遅れの 産する/生じるs, however, climbed and the curve steepened as インフレーション remained a (疑いを)晴らす 関心.

Much will depend on what U.S. 消費者 price 人物/姿/数字s 明らかにする/漏らす on Tuesday, with an obvious 危険 that a high reading will pile 圧力 on the Fed to 引き上げ(る) 積極性 even with the 財政上の system under 緊張する.

The European Central Bank 会合,会うs on Thursday and is still 広範囲にわたって 推定する/予想するd to 解除する its 率s by 50 basis points and to 旗 more 強化するing ahead, though it will now have to take 財政上の 安定 into account.

In 通貨 markets, the dollar fell 0.9% on the 安全な-港/避難所 Japanese yen to 133.78, and 0.6% on the スイスの フラン . The euro 会社/堅いd 0.8% to $1.0735 as short-称する,呼ぶ/期間/用語 U.S. 産する/生じるs 急落(する),激減(する)d.

Gold climbed almost 1% to $1,885 an ounce, having jumped 2% on Friday.

Oil prices swung from 負かす/撃墜する to up, with Brent 追加するing 20 cents to $82.98 a バーレル/樽, while U.S. 天然のまま 伸び(る)d 26 cents to $76.94 per バーレル/樽.

(報告(する)/憶測ing by Wayne Cole; Editing by Sam Holmes and Jacqueline Wong)

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