Trading
-
2021 Fixed Income Outlook: Calmer Waters
As 2020 draws to a close, most of us will be happy to see it end. From the global pandemic to the large number of natural disasters around the world, it has been a tough year. Federal Reserve officials will no doubt be among the happiest to say good-by to 2020. It was a year in which the Fed led the response to the COVID-19 crisis, pushing interest rates lower and rolling out a variety of programs to help support the economy. There was fiscal action at the beginning of the COVID-19 crisis, but for much of the year, the Fed has been the major force pushing the economy forward, throwing lifelines to corporations, ... (full story)