Chasing Yields

In addition to this week’s ADP private-sector employment report for January, traders will be closely monitoring an announcement from the Treasury Department regarding the potential increase in future auction sizes, particularly for long-term borrowing.

This week, the Federal Reserve Committee elected to keep the Fed Funds Rate the same. Chairman Powell indicated there was broad approval from the Board to leave rates neutral.

As the new year unfolds, investors face a dizzying array of choices. The AI boom continues to dominate headlines. Cryptocurrencies promise revolutionary returns.

Last week, regional bank stocks took a hit as two US banks reported trouble with bad loans—Zions Bancorp in Utah and Western Alliance in AZ.

After a relatively drama-free stock market for the last several months, the new standoff between the US and China has escalated investors’ fears to a heightened level.

With the price of an ounce of gold reaching record-breaking new highs, currently $ 4,070 as I write, it remains the primary safe-haven asset, along with the dollar.

Treasury yields are mixed as bond buyers assessed future growth and inflation issues following yesterday’s quarter-point interest rate cut by the Federal Reserve and their hints of two additional cuts by year’s end.

This week, we’ve seen a significant rise in jobless claims, reaching the highest level in 4 years, as reported by the Labor Department. This, coupled with the August consumer price index surging by 2.9%, a faster pace than the two previous months, has had a profound effect on the market.

In a $4Trillion municipal bond marketplace, finding a bond that matches your investing parameters can be challenging without some assistance from the pros. Our team, with over three decades of bond trading experience, has all the tools and resources you need to meet your specific investment goals.