SCHR News and Press, Schwab Intermediate-Term U.S. Treasury

2024-06-30 12:50:00 ET Summary The first half of 2024 is drawing to a close today, and we have one more half year to go. The first six months of the year were perhaps most notable for steadily weaning the bond market off its fantasies of multiple rate cuts. All else being equa...

2024-06-30 08:30:00 ET Summary Markets are still enjoying a soft landing, defined as a world in which inflation is drifting lower, even if still-sticky in key areas, the global economy and labour markets remain unencumbered, and monetary policy is on track to ease modestly. In bon...

2024-06-30 08:10:00 ET Summary Central banks fueled the market rally earlier this year as they embraced optimism that inflation could decelerate without sacrificing growth. The Fed's decision to hold off on rate cuts is supported by resilient economic growth keeping inflation abov...

2024-06-30 06:00:00 ET Summary Inflation may be sailing toward trend, but uncertainties remain on the horizon for the economy and financial markets in the second half of the year. Macroeconomic backdrop is favorable for G10 bond markets, with slower nominal GDP growth enabling cen...

2024-06-29 03:50:00 ET Summary The United States experienced a mild deflation in May, according to new data from the Bureau of Economic Analysis. PCEPI, which is the Federal Reserve’s preferred measure of inflation, grew at a continuously compounding annual rate of -0.1 per...

2024-06-29 03:10:00 ET Summary The Federal Reserve’s favoured measure of inflation came in at just 0.1% MoM, offering hope that the first quarter “hot” prints are firmly in the rear-view mirror. US consumer spending is also slowing, with first quarter growth s...

2024-06-28 05:40:00 ET Summary Today, the economy is once again functioning normally, growing at about a 2% pace. The big inflation episode is essentially over, but the Fed is once again slow to figure this out, and thus reluctant to lower interest rates. Currency is a good pr...

2024-06-28 03:40:00 ET Summary Money Supply is a very important indicator. It helps show how tight or loose current monetary conditions are, regardless of what the Fed is doing with interest rates. Money Supply should dip some heading into the summer before rebounding later in the...

2024-06-28 00:45:00 ET Summary During the second quarter of 2024, the Treasury market experienced heightened volatility as market participants tried to predict when the Federal Reserve would start cutting interest rates. The 10-year Treasury yield fluctuated between a high of 4.70...

2024-06-26 09:25:00 ET Summary Rates won’t come down as quickly as some had hoped, according to our CIO, William Davies, but further gains for equities are still possible this year. Heading into the second half of the year, we’re likely to see further divergence in c...