GSY News and Press, Invesco Ultra Short Duration From 05/20/24

2024-05-20 14:15:00 ET Summary We stay dynamic on a strategic horizon to take advantage of sharp valuation shifts. We go overweight emerging market stocks for the first time since 2020. U.S. stocks hit all-time highs while 10-year yields fell after the CPI data met expectations. W...

2024-05-20 10:50:00 ET Summary Whatever traders and investors were focused on last week, the result was a drop in interest rates across the curve, with the 10-year Treasury yield dropping by about 8 basis points. Over the last month, with the 10-year yield down a little over 16 ba...

2024-05-20 02:53:00 ET Summary The US economy grew 3.1% last year, trouncing widespread calls for a recession and exceeding my relatively sober expectation for 2% growth. The correct way to view the interplay between growth and inflation is to first understand that high inflation ...

2024-05-18 07:00:00 ET Summary Edward Yardeni, President of Yardeni Research, has been - and remains - bullish on the stock market given a Federal Reserve that will likely retreat to the sidelines, strong consumer spending, and a solid growth outlook. Jose Torres, Senior Economist...

2024-05-17 01:00:00 ET Summary Following a run of stronger-than-expected inflation prints, S&P Global Market Intelligence analysts now expect an initial rate cut by the Federal Reserve at December's meeting. Forecasts of initial policy rate reductions have been pushed ba...

2024-05-17 00:00:00 ET Summary The U.S. Bureau of Labor Statistics (BLS) nonfarm payrolls has averaged monthly gains of over 233k over the past year. By all standards, that is a healthy number, especially considering the federal funds rate has been above 5% over that same time per...

2024-05-16 14:30:00 ET Summary US CPI improves the inflation picture. US inflation is improving but some aspects are still troubling for the Fed. What the US bond market tells us about the outlook for rates. ... Read the full article on Seeking Alpha ...

2024-05-16 13:30:00 ET Summary The YoY CPI has been near the low 3% range since June of last year, but it has picked back up over the last two months. Looking at the individual categories relative to history, it is clear that Energy is having an outsize effect and that shelter rem...

2024-05-16 12:30:00 ET Summary The move shows central banks aren’t waiting for the Federal Reserve to cut rates, and it indicates confidence that the European Central Bank will cut in June. The Eurozone Services Purchasing Managers’ Index hit an 11-month high in Apri...

2024-05-16 12:25:00 ET Summary The Bureau of Labor Statistics reported the Consumer Price Index increased 0.3 percent last month, for a year-over-year change of 3.4 percent. Headline CPI inflation was 5.3 percent in February and 3.7 percent in April. We usually assume, at mini...