Yields could very well rise in the near term with the 30-year Treasury note testing 5% and the 10-year approaching 4.5%. … READ MORE >
Blog
Inflation expectations surge as effective tariff rate hits 17.8%
The sharp increase, which comes as higher tariffs are about to take hold, heightens the risk that the Federal Reserve is losing control of what until recently were well-anchored expectations and, consequently, price stability. … READ MORE >
5 things to know in life sciences: Week of May 12, 2025
Each week we highlight five things affecting the life sciences industry. Here’s the latest. … READ MORE >
Market Minute: Strategic autonomy, India and the U.S. trade relationship
While there is ample room for India to lower its tariffs, it is doubtful that India will give much on its oil imports or any framework that restricts efforts to move up the value chain in the global economy. … READ MORE >
Cracks in spending and manufacturing begin to form
April retail sales showed a sharp turn in consumer spending at retail stores and restaurants, following months of stockpiling ahead of tariffs. … READ MORE >
Market Minute: The bond market is not buying it
Fixed-income investors are sniffing out the logic of economic populism amid a move toward trade protectionism, which strongly implies higher inflation and rising long-term yields. … READ MORE >
Market Minute: Household stress evident in rising delinquencies
The U.S. Household Debt and Credit Report, published by the Federal Reserve Bank of New York, shows growing signs of stress, particularly when it comes to credit cards and student loans. … READ MORE >
Health care industry trend watch: Week of May 12, 2025
Indiana’s new law sparks debate over hospital tax exemptions. This and more in this week’s health care industry trend watch. … READ MORE >
April capital markets roundup: Volatility, notable deals, regulatory updates
April was a month marked by significant volatility, driven by U.S. tariffs on trading partners, forcing broker-dealers and exchanges to adapt to increased transaction volume and revise their risk management strategies. Last month also saw a few key mergers and acquisitions, along with crypto regulatory advancements. … READ MORE >
In April CPI report, scant evidence of tariff-induced inflation
We think it probable that the pervasive uncertainty around trade policy caused businesses to simply remain in place until they had more information about the tariffs. … READ MORE >