Two-year auction demanded a 5.055% yield, lower than prior auction yield of 5.085% Bid-to-cover 2.64x vs 2.73x prior (lower than 1-year average) Flattening...
If economists are to earn their keep, they must put their necks on the proverbial chopping block from time to ... Read more
Continued weakness in the Philly district. A down tick after recent strength in the Richmond District (W.V., V, NC, SC). Disclaimer: This information is...
UK data roughly in line but downside risks remain It’s been another mixed session on Tuesday with investors potentially eyeing important events later...
Death From Overfunding: An Obituary For Convoy By Craig Fuller, CEO of FreightWaves The death of Convoy has been one of the biggest stories...
Bond Yields Have More To Go As Retail Wises Up To Inflation Authored by Simon White, Bloomberg macro strategist, US yields likely need to...
(P)riceless By Bas van Geffen, Senior Macro Strategist at Rabobank Yesterday, we discussed one potential chain reaction that could result...
The airline's flight attendants want a deal that matches the one Delta's flight attendants received and their president was seen in a "We Are Ready" T...
The brand has seen its sales fall and its costs rise dramatically which has caused it to fall behind on some bills.
Xi Makes Unprecedented PBOC Visit Amid Property Sector Turmoil China's continuing economic slowdown and turbulence in property markets have...
In January 2023 the clues appeared to be aligning in favor of an end to the Federal Reserve’s rate hikes. It was a false dawn –...
* World fossil fuel use projected to peak in 2030, IEA forecasts * Autoworkers strike expands to plant that makes Ram 1500 trucks * China stock...
Overview: Bonds and stocks are higher today, and the dollar is mixed. A weak PMI reading seemed to weigh on the euro, but the market shrugged the...
The "pain trade" continues to be higher into year-end. We made Such a point in January, suggesting the 2022 "correction" was complete. Let's review what...
USD/JPY’s current year-to-date outperformance has started to dissipate based on a shorter-term one-month rolling basis. A disappointing Japan Services...
The United States Deficit Road To Ruin Authored by Daniel Lacalle, According to the U.S. Treasury, year-end data from September 2023 show...
Overview: News that Israel's ground assault on Gaza is being delayed while hostage negotiations continue saw gold and oil ease, but tensions continue...
- by New Deal democratWith no big economic news today, I thought I would pick up where I left off Friday, when I identified three major...
I've been looking for the market to bottom for several weeks. But the trading environment has shifted to a new gear; a cautionary one. On the...
Global Escalation By Jane Foley, Senior FX Strategist at Rabobank In a televised address last night, President Biden laid out the case for...
Israel Moves To Shut Down Al Jazeera Over Gaza Coverage The major Qatari-based news channel Al Jazeera is about to be shut down in Israel,...
The office market is still struggling with high interest rates and high levels of remote work, producing a tough lending environment and frozen deals on...
- by New Deal democratCarl Quintanilla observed the one year anniversary of the following two days ago:I’ve written previously about what confounded...
A Year-End Rally In Europe Seems Like Wishful Thinking By Michael Msika, Bloomberg Markets Live reporter and strategist Soaring bond yields,...
Copper Is Critical For America’s New Energy Economy Authored by Andy Kireta, Jr. via RealClear Wire, The U.S. Department of Energy’s...
Powell Signals December Rate Hike Unlikely By Ye Xie, Bloomberg Markets Liver reporter and strategist Fed Chair Jerome Powell’s speech...
Borrowers are realizing the responsibility of new debts too late.
Biden Plans To Buy 6 Million Barrels Of Oil For The SPR At $79 Suffering months of humiliating jeers about the dre state of the US...
A portfolio manager with nearly 50 years of experience shares his best idea for what to buy right now.
We need to start cutting rates, but there’s something that has to happen first.