Fedspeak Weighs on Markets in Both Directions… On Wednesday morning, Minneapolis Federal Reserve President Neel Kashkari said that he is open to raising his terminal rate estimate above 5.4%. On ...
Week In Review – January 3 2023
Initial Jobless Claims Turn Up, Continuing Claims Reach 1.71 Million, Highest Level Since February… Initial jobless claims inched up from 216,000 last week to 225,000. What it means— The initial ...
Week In Review – October 4 2021
Spending Measure Passes, But Remaining Debt Ceiling Issue and Taper Talk Sink Markets… The House passed a continuing resolution to authorize spending through December 3, avoiding a government shutdown ...
Central banks have a lot of influence on investors, markets and economies.
For the last year or so, the Federal Reserve has been purchasing $120 billion of bonds every month to ensure United States markets remained liquid and interest rates remained low during the pandemic. ...
There was a gappers’ block in financial markets last week as equity investors slowed to see what the United States Treasury bond market was up to.
U.S. Treasury bonds rallied last week. Yields on 10-year Treasuries dropped from 1.43 percent at the start of the week to 1.27 percent on Thursday. The rally was quite a surprise, reported Randall W. ...