Reliance on the front end of the Treasury curve, and a drawdown in the repo facility, open the government to the risk of increased volatility, … READ MORE >
Market Minute: Chinese deflation is not abating
Beijing’s current policies are likely to continue what is shaping up to be an extended period of private sector deleveraging. … READ MORE >
Powell opens door to September cut as Fed shifts to a balanced 2% target
Federal Reserve Chairman Jerome Powell on Friday gave investors and policymakers the words that they wanted to hear on a possible September rate cut. … READ MORE >
Market Minute: U.S. investment grade spread implies robust risk appetite
While the yield on the 10-year Treasury has dropped by 10 basis points since the end of April, investment-grade corporate bond yields have dropped by roughly 25 basis points. … READ MORE >
Market Minute: U.S. electricity pricing rises 9.5% amid surging AI demand
Tech giants’ investments in data centers will require vast amounts of energy, which will ultimately hit consumers. … READ MORE >
Market Minute: Diverging inflation expectations
Policy decisions by the Federal Reserve will rest upon whether it thinks that higher tariffs will result in a one-time increase in prices or persistent inflation. … READ MORE >
Market Minute: Powell at Jackson Hole
The retirement of baby boomers and immigration enforcement are reducing the supply of workers, making monetary policy decisions that much more challenging. … READ MORE >
Market Minute: U.S. residential investment never recovered after financial crisis
American residential investment, which stands at 3.3% of gross domestic product, remains tepid at best amid an affordability crisis that will not be solved anytime soon. … READ MORE >
Market Minute: The normalization of rates and the steeper yield curve
The Treasury yield curve has steepened, with 2-year Treasury bond yields now below 3.70% … READ MORE >
Market Minute: Oil prices fall as global production rises
The price of crude oil has continued to drop, with West Texas Intermediate falling below $63 per barrel on Wednesday. … READ MORE >









