With a light data docket this week, much of the trading activity has been dominated by geopolitical rumblings abroad and speculation about the dynamics of…
We end this dizzying, event-packed week with news this morning that the US economy added just 12k jobs in October, well short of the 100k…
The last full week of October appears set to end relatively quietly after a somewhat volatile week. The anxious pre-election climb in Treasury yields that…
Bond yields are sharply higher this morning on news that US hiring toped all estimates in the month of September and the odds of another…
Good news this morning on the inflation front to end the last full week of the quarter. The Fed’s preferred measure of inflation, the Personal…
The volatility that plagued markets in early August has mostly calmed, and with light data this week, attention has been focused on Fedspeak and minutes…
We almost made it through the week with fairly benign volatility until a surprise retail sales print on Thursday shifted momentum again. But markets are…
Yikes! Markets are tumbling this morning after a much weaker than expected jobs report. Pressure is mounting on the Fed and the question of when…
It has been a resoundingly volatile week in markets. Monday’s reaction to the shocking assassination attempt of former U.S. president Donald Trump over the weekend…
Thursday’s reading of the Consumer Price Index (CPI) showed disinflation is back in the rotation for the first time since the onset of the pandemic.…
The mortgage-backed securities (MBS) market has long been supported by a “buyer of last resort,” propping up demand without being motivated by purely economic concerns.…
Treasury yields fell this morning as an inflation print that hit all its marks bolstered rate cut bets. The news was a welcome antidote to…
Treasury yields are set to end the week sharply lower after a volatile week, fueled by big data releases and a particularly important Fed meeting.…
Markets are opening green across the board this morning as welcome news on the inflation front has traders upbeat this last day of May. Personal…
With little on the data-front but second-tier economic releases, much of this week’s attention focused on Fed speakers and minutes from the April 30-May 1…
This week has been fairly quiet on the data front, enough to bring comments from this week’s round Fed speakers even more into the spotlight.…
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…