DTUL News and Press, Barclays Bank PLC ZC SP REDEEM 13/08/2020 USD 50 - Ser A 06740L469 From 03/15/19

The Fed hiked rates four times in 2018, and the current fed funds rate target range is at 2.25%-2.50%. Though amid weakening economic conditions, both globally and domestically, the Fed has paused with further rate hikes. Given that the economy has not shown much improvement lately, market par...

A little over one month ago, I penned a research note titled, " Bonds Are Saying Something - We Should Be Listening ," in which I gave a comprehensive analysis of interest rates and discussed the opposing messages in the stock market and the bond market. While some readers took this anal...

QT. Bank reserves. Balance sheet normalization. They really are going through all the motions in 2019. It's as if officials can sense something just isn't quite right. This would amount to a serious setback, of course, having assured the public repeatedly how the financial system has been rema...

Today North American yields are slightly higher as stocks rebound. But one day does not a trend reverse, and overall, the Canadian 10-year Treasury yield has declined (as bond prices have risen) from 2.6% in October to 1.96% on December 31 and 1.75% today. As shown below in my partner Cory V...

"Luck is believing you're lucky." - Tennessee Williams While enjoying a much-needed short break from blogging, hence our uncommon silence, we still managed to follow the macro news such as February's anemic 20,000 new jobs creation in the United States from the latest nonfarm payroll repor...

Quantitative tightening has been running at full speed for almost 5 months now (and for a total period of 17 months since commencing in October 2017), and with QT finally coming front of mind for investors I thought it would be a good idea to update some of the charts from my previous " 8 Char...

There's nothing like a paltry 20,000 gain in total nonfarm payrolls to get market participants talking. That is exactly what happened on Friday, when the Bureau of Labor Statistics released the February jobs report. The debate is now fully engaged: Is this soft showing for payroll growth the b...

The odds are virtually nil that the Federal Reserve will raise interest rates through early 2020, according to Fed funds futures. Driving the market's forecast: accumulating signs that the economy is slowing and inflation remains subdued. As long as this one-two punch remains in force, which s...

In the decade between "60 Minutes" interviews, the central bank has sparked a recovery without inflation but not much else. Friday marks the 10-year anniversary of the Federal Reserve Chairman Ben S. Bernanke's groundbreaking "60 Minutes" interview . To listen to current Fed Chairman Jero...

David Beckworth has a nice interview with Ryan Avent , which touches on a number of monetary issues. In the final part of the interview, they both suggest that the Fed may be treating their 2% (PCE) inflation target as a sort of ceiling, rather than the symmetrical target the Fed claims to be...