April Import Prices Improve

  • May 10, 2017
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April Import Prices 0.5% vs. estimates of 0.2%. Import Prices YOY 4.1% vs. estimates of 4.2%. A slight negative for interest rate pricing, but generally not a large factor.

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New York Fed President William Dudley : U.S. economy as “pretty good.”

  • June 19, 2017
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New York Fed President William Dudley struck a more hawkish tone, arguing against slowing the pace of interest-rate increases, and describing the U.S. economy as “pretty good.” Dudley’s remarks on Monday were cited as adding to yields extending gains following the Fed’s Wednesday announcement of its plan to shrink it balance sheet as it cut

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Bank of England votes 7-1 to hold key rate at 0.25%

  • May 11, 2017
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The Bank of England on Thursday left its key interest rate at 0.25%, meeting widely held expectations. The vote to hold the rate steady was 7-1, with board member Kristen Forbes backing an increase. The central bank left unchanged the size of its asset purchase program at £435 billion ($562 billion) and its corporate-bond purchase

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Treasury yields slip as Fed’s Evans says rates may linger lower for longer

  • June 20, 2017
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U.S. Treasury yields traded slightly lower on Tuesday, as Boston Federal Reserve President Eric Rosengren said investors may need to get accustomed to a protracted period of low interest rates. In a speech in Amsterdam, Rosengren said lower rates may be a more permanent fixture, and that dynamic could pose financial stability risks that central

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Treasury yields slip as Fed’s Evans says rates may linger lower for longer

  • June 20, 2017
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  • realestate

U.S. Treasury yields traded slightly lower on Tuesday, as Boston Federal Reserve President Eric Rosengren said investors may need to get accustomed to a protracted period of low interest rates. In a speech in Amsterdam, Rosengren said lower rates may be a more permanent fixture, and that dynamic could pose financial stability risks that central

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Fed’s Rosengren says low interest rates do raise financial stability concerns

  • June 20, 2017
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Boston Fed President Eric Rosengren said Tuesday that low interest rates do pose financial stability concerns that central bankers and the private sector must take seriously. In a speech in Amsterdam to a conference co-sponsored by the central banks of Sweden and the Netherlands, Rosengren said lower rates may be a more permanent feature on

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Orders for durable goods backslide again

  • June 26, 2017
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Durable-goods orders slipped 1.1% last month following a similar drop in April and registered the biggest drop in six months, suggesting that an early-year surge has faded.

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U.S. jobless claims edge up 3,000 to 241,00

  • June 22, 2017
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Continuing Jobless Claims 1.944M vs. estimates of 1.928M. Fewer than 250,000 Americans applied for unemployment benefits in mid-June, underscoring the strength of a U.S. jobs market whose biggest problem is a growing shortage of qualified workers. The strong labor market is a reflection of a steadily growing economy that’s still quite sturdy after eight years

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Treasury yields rise after Draghi dismisses factors holding down inflation as ‘temporary’

  • June 27, 2017
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Treasury yields headed higher after European Central Bank President Mario Draghi hinted that the factors suppressing inflation would be short-lived, giving traders the impression the central bank intends to wind down its quantitative easing program by the end of the year.

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House-price gains cool but bubble questions stir: Case-Shiller

  • June 27, 2017
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The S&P/Case-Shiller 20-city index rose 5.7% in the three-month period ending in April compared to a year ago, down two ticks from the 5.9% annual gain notched in March. Economists had expected the 20-City index to increase 5.9% for the year.

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