SPTL News and Press, SPDR Portfolio Long Term Treasury From 06/14/24

2024-06-14 04:50:00 ET Summary The Federal Government publishes the spending and revenue numbers on a monthly basis. This was the second-largest May ever, only behind May 2020 during the very depths of the pandemic. On average, May experiences a deficit of -$127B, which makes ...

2024-06-13 12:25:00 ET Summary The Fed forecasts the US unemployment rate to rise to 4.2% in 2025, 80 bps above the 3.4% cycle low in 2022. The Fed is incongruently predicting US GDP growth of 2% in 2025. Market cycles tend to be hard on those who lack attention or understandi...

2024-06-13 12:05:00 ET Summary The Fed's American exceptionalism problem. US inflation is falling, so why can't the Fed lower rates? Why the Fed is indicating just one rate cut in the cards for 2024. ... Read the full article on Seeking Alpha For furt...

2024-06-13 03:20:00 ET Summary Prices held steady in May - CPI grew at a continuously compounding annual rate of 0.1% last month. Shelter prices, which rose at an annualized rate of 4.8% last month and 5.3% over the last year, continue to grow faster than almost all other prices. ...

2024-06-13 02:50:00 ET Summary The Fed left monetary policy unchanged, but their updated projections signals just one rate cut before year-end versus the three they suggested in March. They are now projecting four rate cuts in 2025 versus the three they had previously, but this me...

2024-06-12 23:35:00 ET Summary The Federal Reserve (Fed) kept rates unchanged at the June Federal Open Market Committee (FOMC) meeting, marking the seventh consecutive meeting with no action on the rate front. The Fed’s revised outlook now projects one rate cut for this yea...

2024-06-12 23:05:00 ET Summary May's CPI report came in softer than expected, delivering a positive sign that recent months of sticky inflation may have been just a bump in the road. Headline CPI inflation eased from 0.3% in April to 0.0% in May, a significant milestone following ...

2024-06-12 12:15:00 ET Summary The rate debate is far from settled. Instead, Wall Street is wrestling with what happens next! Central banks in Switzerland, Canada, and the eurozone have recently cut rates - and that’s fueling speculation the US Fed will have to follow befor...

2024-06-12 11:25:00 ET Summary A surprise 0.2% MoM core CPI inflation print after a similar reading for April core PCE deflator offers good news for the Fed in its fight to ease price pressures. This needs to become the trend after a series of far too hot readi...

2024-06-11 08:10:00 ET Summary We've been tracking a recession forecast model developed for the Federal Reserve Board by Jonathan Wright in 2006, which utilizes the U.S. Treasury yield curve as an input, while also factoring in the level of the Federal Fund Rate. In following mont...