by DRL Group | Sep 9, 2026 | Chasing Yields
Heading into the September 16 FOMC decision, swaps and futures markets imply roughly 60% odds that the Fed lifts its target range to 3.75%–4%.That puts the market and the White House on opposite sides of the same question. President Trump has again pressed...
by DRL Group | Sep 3, 2026 | Chasing Yields
The 10-year Treasury topped 4.81% this week as the bond market continues to signal concern over inflation and rising oil prices and our rising deficit. This has been the highest level since October 2023, when the 10-year touched 4.92%. (1) Investors are essentially...
by DRL Group | Aug 28, 2026 | Chasing Yields
If you’re weighing municipal bonds against other fixed-income options, the coupon rate alone doesn’t tell the full story. What really matters is the tax-equivalent yield, the return you’d need from a taxable bond to match what a Muni bond pays you...
by DRL Group | Aug 20, 2026 | Chasing Yields
Just two weeks after unveiling its buyback schedule for the quarter, the Treasury Department announced Wednesday that it’s doubling — at minimum — the size of its liquidity support buyback operations for securities in the 10-year to 30-year range. Timing appears...
by DRL Group | Aug 12, 2026 | Chasing Yields
According to the Investment Company Institute, money market fund assets totaled $7.91 trillion for the week ending August 5, 2026 — roughly $3.1 trillion of that held in retail accounts, with the remainder in institutional and prime funds. At first glance,...
by DRL Group | Aug 5, 2026 | Chasing Yields
The U.S. Department of the Treasury is offering $125 billion of Treasury securities to refund approximately $96.3 billion of privately-held Treasury notes and bonds maturing on August 15, 2026. This issuance will raise approximately $28.7 billion in new cash from...
