Chasing Yields

The market seems to be signaling to the Fed that curbing inflationary pressures on consumers will not be a quick fix.

The long-anticipated decision from the Federal Open Market Committee today was to raise the Fed Funds Rate by a quarter point, the first hike in three years, as the Fed moves to combat rising inflation risks. The Committee voted unanimously to lift rates to a new...

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.

On Tuesday, IBM shares crashed roughly 25%, the worst single-day drop in the company’s history, after pre-announcing preliminary Q2 results that badly missed expectations

Every investor is familiar with the quiet frustration of watching a solid return diminish under the weight of taxes and inflation.

Federal Reserve Chairman Kevin Warsh used his appearance with CNBC’s Sara Eisen at the ECB Forum on Central Banking to reaffirm his stance against forward guidance.

One of the most frequent questions fixed-income investors ask is whether it is better to buy individual bonds or invest in a bond fund.

Successful investing starts with one thing — open, honest communication. Just as a doctor needs to know all your symptoms to properly diagnose and treat you.

Bond yields pulled back from last week’s elevated levels today as the 10-year Treasury dipped to a low of 4.47% from the high of 4.69% on 5/19.

Kevin Warsh will be sworn in as the 17th chair of the Federal Reserve this Friday, May 22, in a White House ceremony — and bond investors have good reason to pay attention.

If markets were hoping for a quiet Wednesday morning, today’s Producer Price Index data had other ideas.
The April PPI figure surged to 1.4% month-on-month — a substantial overshoot compared to the forecasted 0.5% and nearly double the previous month’s reading of 0.7%.

Quarterly earnings reports have anchored market transparency for decades, but that may be changing.