3 minute read
It seems the long end of the curve is trying to tell us something.
4 minute read
Powell will no longer speak from the podium, but by remaining on the Fed board, his voice remains.
Bond markets gave up gains during Q1 as inflation concerns outweighed risk-off instincts.
Assets sent to the money markets due to the Iran conflict might stay for the yields.
6 minute read
Will its next policy move be another pause, a cut or a hike? It depends.
A potential 'chair pro tempore' and the criminal probe dominated the Fed's policy-setting meeting.
1 minute read
Inflation and private credit concerns offset accelerating US growth.
Yields have descended since the peak of 2023 but may settle at more competitive levels than before that spike.
5 minute read
Yield curve dynamics may be in flux once Warsh is in office.
From a subpoena to a nomination, the Fed dominated the financial headlines.
2 minute read
Federal Reserve Chair Powell stuck to the script at the FOMC meeting yesterday.
If the future keeps bond investors awake at night, the present is complicated too.
Trump’s pressure on the Fed notwithstanding, the money markets have much to celebrate.
Facing criticism and uncertainty, Fed Chair Powell makes things worse by dismissing the SEP.
The question: Has Moody’s downgrade of the US credit rating impacted money market funds?