- From think.ing.com|9 hr ago
Back in July, we called for the US 10yr yield to break back above 4%. Since then, we’ve commented on the bear market that is US bonds and in the past month, we’ve been calling for the US 10yr to hit 4.5%. And here we are, a rising rates environment that is there for good reason - effectively as nothing has broken yet. So, what next? We argue that the ...
- From bnnbloomberg.ca|6 hr ago
Federal Reserve Governor Michelle Bowman signaled that she favors raising interest rates again and probably more than once, suggesting she would move more aggressively than her US central bank colleagues to quash inflation. “I continue to expect that further rate hikes will likely be needed to return inflation to 2% in a timely way,” Bowman said Friday, ...
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