Greenlight Capital's David Einhorn says they are long SOFR futures
David Einhorn's stance on being long SOFR futures indicates a bullish outlook on short-term interest rates, likely reflecting expectations for higher rates or tightening monetary policy.
German Chancellor Merz says Europe needs to close the growth gap with the US and China
Michelin (ML FP) FY25 (EUR): EPS 2.36 (exp. 2.28), revenue 26bln (exp. 25.8bln). Adj. EBIT 2.72bln (exp. 2.61bln), adj. EBITDA 4.66bln (exp. 4.64bln)
Greenlight Capital's David Einhorn says they are long SOFR futures
Michelin (ML FP) plans a EUR 2bln share buyback over 2026-28
CME (CME) reportedly exploring the launch of a first-ever rare earth futures contract, according to source reports
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This sentiment could influence market positioning in fixed income, particularly if other participants align with this view, potentially affecting overall rates and risk sentiment across assets.
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