FTSD News and Press, Franklin Liberty Short Duration U.S. Government From 11/01/23

2023-11-01 21:25:00 ET Summary The Fed has raised rates at an unprecedented pace in the last 18 months. While it seems like they’ve been raising rates for a long time, the reality is that they were playing catch-up for those first 12 months and policy finally started gettin...

2023-11-01 09:05:00 ET Summary Historically, investors have been better served adding to their equity portfolios at the start of conflicts rather than reducing exposure or simply staying the course. How has the US stock market historically performed in the one year after the Fed e...

2023-10-31 14:51:00 ET Summary What's driving Treasury yields higher? What high bond yields say about fiscal and monetary policy? Strong US GDP impact on the bond market. The U.S. 10-year Treasury has been hovering near the 5% level as investors weigh the impact of s...

2023-10-31 14:50:00 ET Summary Purchasing Managers' Indexes painted a weaker picture for manufacturing in Japan, the eurozone and the UK. The 10-year US Treasury yield continued its roller coaster ride as a wide range of factors contributed to big swings in this key data point. ...

2023-10-31 07:30:00 ET Summary Fed week this week and the ritual continues. Armageddon continues on hold, rebuffed by continuing good economic and earnings reports. A few words about inflation. If you believe the Fed’s rhetoric, the 10-year US Treasury note near 5% ...

2023-10-31 03:25:00 ET Summary I find it fascinating that for the first full year of inflation, 2021-2022, markets did not price in any interest rate rise at all. When the Fed finally did start to raise rates, amid raging inflation, the market even more curiously thought the rate ...

2023-10-31 00:30:00 ET Summary By themselves, Treasury yields spiking out of control can cause a recession, and October delivered both a 5% yield on 10-year Treasury bonds and 8% fixed-rate mortgages. We have gotten into a situation where the avalanche of Treasury issuance (due to...

2023-10-30 15:25:00 ET Summary Tectonic shifts in the U.S. financial sector are changing the markets for deposits and credit. This is a mega force we see affecting returns now and in the future. U.S. stocks hit five-month lows and 10-year Treasury yields rose above 5% last week. Q...

2023-10-29 12:45:00 ET Summary The big news this week—though widely anticipated—was the 4.9% annualized growth of the economy in the third quarter. By week's end, worries about Middle East tensions trumped growth fears, and inflation data showed that disinflation, no...

2023-10-28 06:03:00 ET Summary US inflation remains somewhat sticky, but intensifying concerns are now coming to the fore over the path for real household disposable income. Today's report showing real household disposable income falling for a fourth month in a row, and challenges...