This morning’s hotly anticipated inflation report seems to have markets focused on the silver lining. Although March’s Personal Consumption Expenditure (PCE) reading was strong, it…
If the Fed’s job of engineering a “soft landing” for the U.S. economy wasn’t difficult enough, it just got a little trickier this week, potentially…
All eyes were on the FOMC meeting this week that took place March 19-20. Following the two-day policy meeting, the central bank’s rate-setting Federal Open…
Markets appear to be stabilizing this morning after a week of volatility. Yesterday’s hotter than expected Producer Price Index (PPI) print was read as weakening…
A full week of jobs data and congressional testimony from Fed Chairman Jerome Powell gave markets much to digest this week. Powell delivered the Federal…
The upcoming three-day weekend could not come soon enough after a whipsaw week for the markets. The stock market was yanked back from record highs…
After last week’s volatility with the FOMC meeting and Powell’s subsequent comments advocating caution on the path of rate cuts as well as a blowout…
We do not have to go back very far to remember a time when deposit betas were not even an agenda item in many Asset…
Bond markets seemed to be in a bit of a holding pattern to start the week awaiting Thursday’s release of the Consumer Price Index (CPI).…
Don’t unfasten your seatbelts just yet, the rollercoaster ride of 2023 may not be over. The first week of 2024 is already off to a…
Markets are basking in the warm holiday glow of easing Fed policy ahead this morning as fresh data on inflation came in softer than expected.…
Treasury yields are down again this week on softening economic data and well-received Treasury sales. In fact, the 10-year fell during the month of November…
The holiday week was short but not without news. An impressive 20-year Treasury auction on Monday kicked off the week with vigor. Decent demand for…
Bond yields plunged this week as new signs of economic slowdown gave investors conviction that rate hikes are over and rate cuts will begin next…
There are few topics that garner as much agreement as the disdain for the semiannual change to/from daylight saving time (DST) that we went through…
Halloween decorations were not the only sight haunting the halls of investors’ offices this week. The sight of 10-year Treasury yields topping 5% for the…
There’s nothing like a Friday the thirteenth in the month of October to bring strange vibes. And after an incredibly tense week, markets have reason…
It may not be a true “October Surprise” but this morning’s September jobs report was quite the shocker. Job gains came in nearly twice the…
September quarter-end may hit with a quite a bang this year as a government shutdown seems imminent with lawmakers nowhere near a deal and government…
In a week that has been fairly light on data, market participants have been eagerly awaiting news from the Jackson Hole Economic Policy Symposium and…