We expect the 10-year yield to remain in a range between 4% and 4.5% amid of elevated volatility and now expect it to finish the year near 4.35% with risk of a lower rate. … READ MORE >
USA
Continuing claims reach post-pandemic high
Jobless claims data now points to rising labor market slack, as business conditions grow increasingly uncertain amid shifting trade, fiscal, and monetary policies. … READ MORE >
Market Minute: Supply and demand for gas at equilibrium
National average prices that were over $5 per gallon in early 2022 at the start of the Ukraine war dropped to $3.30 in May. … READ MORE >
June capital markets roundup: Regulatory compliance, tech partnerships, digital assets
As the regulatory and technology landscape continues to evolve, broker-dealers, exchanges, and clearinghouses must proactively adjust to these changes to get the most out of evolving investor behaviors. … READ MORE >
Market Minute: Extend and pretend is a feature, not a bug of trade policy
The extend-and-pretend deadlines on tariffs have turned into a never-ending moving of the goal posts that investors now discount. … READ MORE >
Policy uncertainty putting U.S. international investment position at risk
Foreign investment in U.S. financial securities and direct investment in its corporations are outstripping U.S. holdings of foreign assets by $26 trillion … READ MORE >
Market Minute: Global central bank outlook
Divergence figures to be the primary theme in global central banking during the final six months of the year as policymakers around the world adjust to higher American tariffs. … READ MORE >
Global central bank outlook: Divergent paths on rates
Divergence figures to be the primary theme in global central banking during the final six months of the year as policymakers around the world adjust to higher American tariffs. … READ MORE >
U.S. June jobs report: Do not judge a book by its cover
Outside of a one-time, non-replicable increase of 80,000 state and local jobs in June, the labor market, like the economy, is cooling. … READ MORE >
Market Minute: Canadians and Europeans ice out U.S. on travel
In the first five months of this year, the number of international visitors dropped by 12% in March and 3% in May. … READ MORE >