Only Social Security and Medicare pay out more government money each year than what the Treasury Department spends on servicing its debt. … READ MORE >
Market minute
Market Minute: Commercial paper costs rising for middle market
This year, financing costs for 90-day commercial paper have escalated from 3.81% to 4.4%. … READ MORE >
Market Minute: Reasons to be bullish on the dollar
Interest rate differentials and policy rate expectations, in addition to robust growth in the U.S., provide a reason to be bullish on the U.S. dollar. … READ MORE >
Market Minute: Expect a solid jobs report for October
RSM forecasts a net gain of 95,000 jobs for October, well above the number needed to keep the labor market stable. … READ MORE >
Market Minute: Expect third-quarter GDP to reach 3.4%
The growth is being driven by the AI build-out, spending by upper-income households, inventory accumulation, tax cuts and tariff refunds. … READ MORE >
Market Minute: The rising cost of inaction by the Fed
We expect the Fed to hold its overnight policy rate within the current range of 3.75% to 4.0% at its Wednesday meeting. … READ MORE >
Market Minute: ECB to hold rates in October, with hikes to come
With little evidence of second-round inflation effects, the Governing Council is unlikely to feel compelled to deliver consecutive rate hikes. … READ MORE >
Market Minute: Get ready for a consequential week
Next week’s economic releases and policy decisions will affect asset pricing and expectations for interest rates. … READ MORE >
Market Minute: France is in a bind. Is there a way out?
What is occurring in France is likely a preview of coming attractions across the G-7 and potentially the United States. … READ MORE >
Market Minute: The American term premium in three easy pieces
The U.S. term premium eased over the past week as investors moved into fixed income positions amid the selloff in technology-affiliated equites. … READ MORE >