Expansionary fiscal policies in Germany and the U.S., as well as the prospect of greater government spending in Japan, have pushed long-dated yields higher in global fixed-income markets. … READ MORE >
fixed income markets
Morning market minute: Bond market volatility and the Federal Reserve
It is time for the Fed to drop its over-emphasis on data dependency and move to a more strategic view that takes into account the risks to the outlook that will be front and center this year and next. … READ MORE >
Monetary policy tightening, the bond market and the business cycle
Economic shocks including inflation, interest rate increases and energy market turmoil are hitting the global economy and showing up in fixed income markets. … READ MORE >