Treasury yields rise as markets await Fed assembly minutes

US Treasury yields rose on Wednesday on weaker demand for fixed income assets as investors awaited the release of the Federal Reserve’s minutes from its July meeting. The result of the benchmark 10 year Treasury note It rose just over 4 basis points to 2.865%, and the yield on the 30 year Treasury Bond traded … Read more

Bond yields are flat and merchants await main information releases

Bond yields were flat on Tuesday as markets looked ahead to new data on housing, manufacturing and retail sales. The yield on the benchmark 10-year Treasury note was up less than 1 basis point at 2.797%, while the yield on the 30-year Treasury bond fell slightly to 3.096%. The yield on the shorter 2-year Treasury … Read more

Fed’s Barkin says fee hikes should proceed till inflation hits 2%

Despite positive inflation data this week, Richmond Federal Reserve President Thomas Barkin said Friday that more interest rate increases will be needed to ease price pressures. Releases this week showing that consumers and wholesale price increases softened in July there was a “great reception,” Barkin told CNBC’s “Squawk on the Street” in a live interview. … Read more

Wage inflation, used automotive costs might bounce greater: Jim Bianco

Washington’s efforts to curb inflation will be short-lived, especially this year, according to market forecaster Jim Bianco. And, he believes this week’s headline inflation data will help prove it. “I don’t see anything that will reduce the inflation rate. There are some things that could reduce prescription drug prices and maybe a few other things,” … Read more

Wage inflation, used automotive costs may soar larger: Jim Bianco

Washington’s efforts to curb inflation will be short-lived, especially this year, according to market forecaster Jim Bianco. And, he believes this week’s headline inflation data will help prove it. “I don’t see anything that will reduce the inflation rate. There are some things that could reduce prescription drug prices and maybe a few other things,” … Read more

Customers’ expectations of future inflation fell sharply because the Federal Reserve gained

Shoppers inside a grocery store in San Francisco, California, USA, Monday, May 2, 2022. David Paul Morris Bloomberg | Getty Images Consumer expectations for inflation fell sharply in July amid a sharp drop in gas prices and growing belief that food and housing will also pick up quickly in the future. The New York Federal … Read more

Shoppers’ expectations of future inflation fell sharply because the Federal Reserve received

Gas prices are displayed at an Exxon gas station on July 29, 2022 in Houston, Texas. Brandon Bell | Getty Images Consumer expectations for inflation fell sharply in July amid a sharp drop in gas prices and growing belief that food and housing will also pick up quickly in the future. The New York Federal … Read more

Fed Governor Bowman sees ‘flat fee’ fee hikes forward after transfer by three quarters

Federal Reserve Bank Governor Michelle Bowman delivers her first public remarks as a Federal policymaker at an American Bankers Association conference in San Diego, California, February 11, 2019. Ann Sapphire | Reuters Federal Reserve Governor Michelle Bowman said on Saturday that she supports the central bank’s recent large interest rate hikes and thinks they are … Read more

Fed Governor Bowman sees ‘flat price’ price hikes forward after transfer by three quarters

Federal Reserve Bank Governor Michelle Bowman delivers her first public remarks as a Federal policymaker at an American Bankers Association conference in San Diego, California, February 11, 2019. Ann Sapphire | Reuters Federal Reserve Governor Michelle Bowman said on Saturday that she supports the central bank’s recent large interest rate hikes and thinks they are … Read more

The US economic system has but to face its greatest recession problem

A person removes the nozzle from a pump at a gas station on July 29, 2022 in Arlington, Virginia. Olivier Douliery | AFP | Getty Images You would now be hard pressed to find a retreat in the rearview mirror. What’s underneath, however, is another story. There is no historical precedent to suggest that an … Read more