Listen Live:
Saturday’s: 9AM
Fox Sports Ventura
1590 AM/97.9 FM KVTA
Sunday’s: 7AM K-EARTH 101 FM
Listen Live:
Saturday’s: 9AM
Fox Sports Ventura
1590 AM/97.9 FM KVTA
Sunday’s: 7AM K-EARTH 101 FM
That’s the term given to investors who protest inflationary policies by selling bonds. This, in turn, pushes yields higher, and could create serious headwinds.
READ MOREThe Federal Reserve has raised its benchmark interest rate 0.25%, and reaffirmed its forecast for three rate rises this year. The central bank cited continued expansion in the labor market, “solid” job gains, rising household spending and firming business fixed investment in its decision.
READ MOREIt may not be the Fed that signals a more aggressive rate hiking scenario Wednesday — it could be the inflation data. The Fed is expected to hike interest rates by a quarter point Wednesday afternoon, and it is likely to sound more upbeat about the economy. Its dual mandate — inflation and employment —
READ MOREFebruary headline Producer Price Index 0.3% vs.estimates of 0.1%. Core PPI 0.3% vs. estimates of 0.2%. YOY PPI 2.2% vs. estimates of 2.0%. Core YOY PPI 1.5% vs. estimates of 1.5%. Inflation on the front end is now at 2.2% and is generally negative for interest rate pricing.
READ MOREThe Fed confirmed that its interest-rate policy committee will meet as planned on Tuesday and Wednesday despite the winter storm that has hobbled much of the Nottheast. The Fed is widely expected to raise the range of its benchmark federal funds rate by a quarter-point at the end of its discussions. The central bank will
READ MORECrude futures reversed direction and turned lower on Tuesday, after a monthly report from the Organization of the Petroleum Exporting Countries showed production out of Saudi Arabia cresting back above 10 million barrels of oil per day.
READ MOREThe bond market believes the economy is gaining momentum. Long before Federal Reserve policymakers begin gathering in Washington today to debate what to do with interest rates, mortgage rates throughout the country have been heating up. Borrowing rates on 30-year fixed-rate mortgages have climbed to 4.21%. That’s up from 4.09% in January and 3.54% in
READ MORETreasury yields moved moderately lower Friday as investors awaited the jobs report from President Donald Trump’s first full month in office. The yield on the 10-year Treasury note edged lower to 2.604%, while the yield on the 30-year bond was flat at 3.189%. The yield on the two-year note was off slightly at 1.376%. Treasury
READ MOREChina’s central bank head, Gov. Zhou Xiaochuan, on Friday indicated there’s a slight shift there away from the largely expansionary monetary policy that’s been in place for the last few years. With the economy healthier, the bank is moving to support government efforts to cut off overly generous credit and lower financial risks, he said
READ MOREThe U.S. economy added 235,000 net new jobs in February, beating expectations for 190,000 jobs. The unemployment rate ticked down to 4.7% from 4.8%, while the labor force participation rate edged up slightly to 63% from 62.9% in January. Economists had forecast 190,000 job gains, according to the median estimate of a Bloomberg survey. Many
READ MORE
