How is it already March? I guess I’ll blame it on February having 28 days. Normally, the first Friday of the month brings us a…
Fed Chairman Jay Powell warned us that the path to bringing down inflation was “probably going to be bumpy,” and indeed the bond market is…
A week ago today, we found out that the US unemployment rate for January was 3.4%, the lowest level since “Broadway Joe” Namath guaranteed the…
Former Fed Chairman Alan Greenspan once observed that asset price bubbles go up very slowly, then when you least expect it, they reverse very sharply.…
We’re three weeks into a new year and across the curve the bond market is off to one of its best starts in decades. The…
All news is old news as the market veterans say. And inflation, it seems, is last year’s story if appetite for US Treasuries is any…
We entered the first week of the year with a stern reminder from the Federal Reserve by way of their minutes from last month’s FOMC…
Welcome to the end of the last week of the year! I hope you have been using the ever hilarious saying this week of “see…
Happy Christmas Eve…Eve! This morning, my two-and-a-half-year-old daughter asked me “Daddy, what do you want for Christmas?” I told her “I’d love for this inflation…
Tis the season everyone! Bowl Season that is! Tonight, we can all enjoy the Hometown Lenders Bahamas Bowl! Don’t worry if you miss tonight’s bowl…
Another week down and another week closer to Christmas. The Federal Reserve is trying to get off Santa’s naughty list by cooling inflation without tipping…
As we say at the Baker Group, Happy Jobs Friday everyone! What a world we live in today when the breaking news headline on CNBC…
In a holiday-shortened week, we gobbled up some small helpings of economic data but the main show was Wednesday’s release of the minutes for the…
The yield curve further inverted this week with the 2yr yield rising 14bp while the 10yr yield fell 2bp. The 10yr2yr spread has now fallen…
Friendly inflation data and apparent political gridlock have put financial markets in a good mood as this week draws to a close. As the dust…
The first week of November was not boring for financial markets as we got an important read on both the labor market and the current…
That great monetary economist William Shakespeare wrote that “Those who rush, stumble and fall”. This observation may be starting to take hold with respect to…
US Inflation continued to misbehave in September, prompting another week of policymakers calling for rates to go higher and stay there until price pressures fade.…
Chaos and confusion in UK economic policy sent shockwaves rippling through markets this week, right on the heels of the Fed’s third consecutive 75bps rate…
Bond yields surged 21-29bp in the 2-10yr part of the curve this week as the Fed hiked rates 75bp for the 3rd consecutive meeting, the…