What Do Parabolic Treasury Yields Tell Us?

Precious metals investors are watching market conditions closely as gold and silver hover at pivotal price points. While both metals have already posted impressive gains, multiple converging factors suggest we may be wi…

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Rates Spark: Widening Fiscal Woes

SEOUL – A surge in long-term US Treasury yields is driving up borrowing costs in Korea, lifting government bond yields and adding pressure on companies, households and stocks.

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Gilts Too Distracted for Good News

Prime Minister Burnham presented UK government plans that should help ease gilt investors' concerns about political risks. For now, US rates and energy costs continue in the driver's seat, offering little relief for gil…

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Has the Bond Market Already Done the Fed’s Job?

The market spent this week chasing a different driver almost every day. Inflation refused to cool enough for the Federal Reserve to relax, Europe moved closer to another rate hike, and oil stopped trading purely on war …

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The Cleaner Fed Trade Is in SOFR, Not Treasuries

The Federal Open Market Committee primarily adjusts the stance of monetary policy through its target range for the federal funds rate. We discuss whether the fed funds rate remains the right operating target for short-t…

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Rates Outlook: The Heat Ratchets Higher

WASHINGTON — Citing a brighter economic outlook, the Federal Reserve raised its key short-term interest rate Wednesday but maintained its forecast for a total of three hikes this year amid still-modest inflation.

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