At $2 Million Per Minute, Treasuries Mint Cash Like Never Before
For the first time in nearly a generation, fixed income is living up to its name. This the consequence of rates jumping from 0% to 5% in 2 years.
For the first time in nearly a generation, fixed income is living up to its name. This the consequence of rates jumping from 0% to 5% in 2 years.
A cooling of the labor market should provide welcome relief for the Federal Reserve as it looks to ease the US economy into a soft landing.
Investors should discard any expectations of interest rate reductions for the remainder of the year, according to Kevin O'Leary.
A closely tracked wage growth metric hit its highest level in a year the first quarter, fueling concerns that sticky inflation may be pervasive.
The U.S. economy may already be navigating a downturn, mirroring patterns seen in China where significant government debt underpins economic growth.
Harvard prof. Kenneth Rogoff said financial markets would impose restraint on any move by a US president to force the Fed into easing monetary policy.
It appears that the Federal Reserve is not yet prepared to reduce interest rates. This sentiment is echoed by the CME FedWatch Tool.