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…
Happy Friday, everyone! It is March 1st already and the rule of thumb is that the jobs report comes out the “First Friday of the…
This was a fairly quiet week in the bond market with very little economic data to move markets. The only noteworthy data points for the…
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…
The big news this Friday morning is whether the groundhog (aka Punxsutawney Phil) saw his shadow or not. After years of seeing his shadow, he…
Following last week’s trading volatility, the markets were relatively calm this week. As of the time of this writing, yields across the Treasury curve were…
What a difference a week makes. Last week the 2yr yield plunged 24bp as markets priced in one additional rate cut this year bringing total…
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…
The days can be long, but the years seem to fly by! As we wind down another year and continue to draft our 2024 New…
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.…
Ferris Bueller once famously said, “Life moves pretty fast. If you don’t stop and look around once in a while, you could miss it”. This…
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…
“Put a fork in it – they are done”, says Wells Fargo Co. Chief Economist, Jay Bryson, after this morning’s jobs numbers came in much…
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…
Market volatility continues this week as risks increase that the Israeli-Hamas war could spill outside of Gaza. The Treasury Curve is exhibiting a “Bear Steepener”…