South Korean brokerage firms witness dramatic shift in top earners as retail-focused private bankers surpass bond traders, with some PBs earning over 7 billion won amid stock market boom while FICC personnel face declining compensation as rate-cutting cycle ends
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https://en.infomaxai.com/news/articleView.html?idxno=110269

A growing number of veteran South Korean bond traders are joining Singapore-based macro hedge funds, driven by rising foreign interest in won-denominated bonds and the region’s expanding investment platforms.
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https://en.infomaxai.com/news/articleView.html?idxno=81460

Fed Chairman Jerome Powell's upcoming midterm presentation to the US Congress on March 6-7, coupled with the release of February non-farm payrolls data on March 8, will provide greater clarity regarding the Fed's future actions. #Fed #interestrates #bondtraders #ratecuts #JeromePowell #nonfarmpayrolls

Bond traders are aligning their rate cut expectations with projections from Fed members, as they lowered their anticipated rate cuts for the year to 75 basis points on Tuesday evening. The December swap contract associated with Fed decisions implies a rate of 4.58 percent, reflecting a decrease of 75 basis points from the effective federal funds rate of 5.33 percent. #Fed #interestrates #bondtraders #ratecuts #JeromePowell #nonfarmpayrolls