DTUS News and Press, Barclays Bank PLC ZC SP REDEEM 13/08/2020 USD 50 - Ser A 06740L519

Transcript Drivers of Gold in 2019 We've seen a significant shift in Fed [U.S. Federal Reserve] policies over the course of 2019. Remember, back in December the Fed was raising rates. This year, they have become more dovish, and at the last FOMC [Federal Open Market Committee] meeti...

The Federal Reserve is not an intelligence: it does not think. Individual members of the Federal Open Market Committee, however, do think. And the center of gravity of their individual thoughts now runs something like this: 1980-1985 was a disaster: 3 x 6 x 0.5 = 9%-point-years of lost jobs...

Hooray! We did it folks. We raised the debt ceiling again and averted a self imposed default on US government debt. And to celebrate this joyous occasion I wanted to write my 3,589th article explaining some of the never-ending misconceptions about government debt and borrowing. And to do that ...

Once upon a time, there was a time, believe it or not, when a country, or a company's, financial condition determined the interest rate, and the yield, of the borrowing entity. Ratings also came into play and were also a significant determining factor. As to the Fed, and the other central bank...

Originally published July 26, 2019 Just think of it. We now have $13.4 trillion in negatively yielding debt. In all of recorded history, we have never had bonds with negative yields before. It is a milestone. It is a first. It is a first of firsts. It is a huge boon for borrowers, as ...

The economic calendar is massive, and that is just the start. Earnings season is in full swing. US/China trade talks resume. And finally, the FOMC announces its interest rate decisions. Expect plenty of commentary on the individual news items, but the real question is: How deftly can the m...

The Fed is about to change course officially this week beginning with at least a 25-basis cut in the Funds rate. The last five times the Fed cut rates "outside of recessions-including 1984, 1987, 1989, 1995 and 1998-the S&P 500 rose an average of 11% over the subsequent six months and 16% ...

By Krishna Memani The Fed prognosticators are having a field day ahead of the upcoming FOMC meeting at the end of July. If you boil down all the rhetoric to the basics, most analyses want to know, at least now, whether the Fed will cut rates by 25 or 50 basis points (bps) in July. ...

I've talked quite a bit in these pages about the extent to which 2019 has been a year defined by an epochal central bank pivot, which has reinvigorated the global hunt for yield to the benefit of risk assets. There was a time not so long ago (perhaps five years ago) when the vast majority o...

By Kevin Flanagan Through the first six months of the year, the global fixed income markets have certainly put in a surprising performance. Indeed, as investors headed into 2019, the consensus opinion was that fixed income would more than likely put in a lackluster showing. As we are all w...