DTUL News and Press, Barclays Bank PLC ZC SP REDEEM 13/08/2020 USD 50 - Ser A 06740L469 From 03/25/19

With the Fed pivot last week and the inversion of the yield curve, sentiment has swiftly surrendered to the bearish side. Indeed, it's entirely possible that the Fed even takes preemptive action and eases further, e.g. with rate cuts. But here's at least a hypothetical question, what if infl...

The news coming out of the bond market at the end of the week was the inversion of the yield curve. The concern: every time the yield curve has been inverted in modern times, the US economy has always gone into a recession. Let me just issue a word of caution here. We are in a new era. T...

The FOMC voted this week not to raise its target interest rate and signaled no additional hikes are planned for this year conditional on the outlook. This is a big change from last fall when the FOMC was talking up multiple rate hikes and dismissing concerns about the flattening yield curve...

By Jenna Barnard, CFA Jenna Barnard, Co-Head of Strategic Fixed Income, shares her latest views on the bond market, explaining what she sees as possibly the early innings for an intermediate, cyclical, sovereign bond bull market. Transcript Jenna Barnard : It is Thursday, the 14th of ...

By Ryan McMaken The Federal Reserve's Federal Open Market Committee on Wednesday voted unanimously to keep the Federal Funds rate unchanged. Overall, the FOMC signaled it has made a dovish turn away from the promised normalization of monetary policy, which the Fed has promised will be im...

Since I do not do market forecasting, my comments on the actual state of bond markets have been sporadic. I just want to refresh my views, particularly since I have had a recent increase in readership. Although writing a book on recessions obviously skews my thinking, my argument is straightfo...

By Sonal Desai, Ph.D., Executive Vice President, Chief Investment Officer, Franklin Templeton Fixed Income The US Federal Reserve's decision to keep interest rates steady at its March meeting came as little surprise, but its updated "dot plot" projections were interpreted by markets...

The Federal Reserve announced that interest rate hikes will probably be on hold for the rest of 2019 because they see fewer signs of strong economy. Some of the weaker trends will probably last a couple of years, while others are likely to rebound quickly. Here's the bad news list and my obs...

These things are actually quite related, though I understand how it might not appear to be that way at first. As noted earlier on Thursday , the Fed (yet again) proves it has no idea how global money markets work. It can't even get Federal funds right after two technical adjustments to IOER (...

In a widely expected outcome, the Federal Reserve announced no change to the Fed Funds rate but did leave open the possibility of a rate hike next year. Also, they committed to stopping "Quantitative Tightening (or Q.T.)" by the end of September. The key language from the announcement was:...