The Federal Reserve is expected to raise interest rates another 25 basis points – or 0.25% next week amid the banking crisis. Two US banks failed in the last week after they were unable to produce enough cash for depositors. …
by confoundedinterest17 Its crisis time again. First, The Fed’s discount window soared to its highest level since … you guessed it … the previous financial crisis of 2008/2009. Second, the 10-year Treasury yield declined -16 basis points this morning as investors flee to …
by confoundedinterest17 Cry for Argentina! Their central bank boosted its benchmark Leliq rate by 300 basis points to 78%. The monetary authority’s board considered the increase in response to accelerating inflation and after leaving the key rate unchanged for several …
by confoundedinterest17 It is the start to a trading week after yesterday’s pause for President’s Day. And with a new start, we see the US Treasury 10-year yield jump 8.5 basis points to 3.9%. Bankrate’s 30-year mortgage rate is up to …
by confoundedinterest17 The Hill has an interesting story: 5 takeaways on a surprisingly strong jobs report. “The U.S. economy added 517,000 jobs in January, more than doubling Wall Street expectations and turning up its nose at prognosticators of an imminent recession. …
by confoundedinterest17 The mortgage market is behaving like today’s bomb cyclone in terms of the weather. Bomb cyclone in that mortgage rates have dropped 7.16% on October 21, 2022 to 6.34% on December 16, 2022 (a drop of 82 basis points), …
by confoundedinterest17 Whoop there it is! The US Treasury 10y-2y yield curve descended further into inversion at -82 basis point, the worst since 1981. This is not a good sign, since the 10Y-2Y curve typically inverts just prior to a recession. …
by confoundedinterest17 What interest rates are telling us is a bad sign. With an impending railroad strike that can torpedo the US economy (but if that is possible, why is the Biden Clan vacationing in Nantucket for Thanksgiving weekend when …
https://www.forexlive.com/centralbank/full-fomc-statement-from-the-november-2022-fed-meeting-20221102/
COLLAPSES DURING A LIVE DAN ANDREWS pic.twitter.com/lUHUjSOWSs — Truthseeker (@Xx17965797N) October 31, 2022 h/t JADR+
🍗JUST IN🍗 Food prices have never been higher. Chicken is up 17%. Flour is up 24%.Eggs up 30% This is why I created the Tendies Index. Note, it has never been higher.https://t.co/AIEZqwKJzf pic.twitter.com/DegUocUr9I — unusual_whales (@unusual_whales) October 13, 2022 🇺🇸 …
by confoundedinterest17 As I frequently told my investment and fixed-income securities students at Chicago, Ohio State and George Mason University, any 10 basis point change in the US Treasury 10-year yield is significant. But how about today’s 20 basis point decline …
The Riksbank said monetary policy will need to be tightened further to bring inflation back to its 2% target, and forecast further rises to interest rates over the next six months. “The development of inflation going forward is still difficult …
by BoatSurfer600 China's real estate investment fell 7.4% y/y in Jan – Aug, vs 6.4% drop in Jan-Jul pic.twitter.com/RZzsFpUCtu — Cathy Yuan Zhang (@CathyYuanZhang) September 16, 2022
by confoundedinterest17 We have the achy-breaky Fed. The Federal Reserve is facing an interesting problem. On the one hand, they vow to fight inflation by raising their target rate. At the same time, the probability of a recession in one year …
by confoundedinterest17 Mike Lea and I wrote a paper entitled “Do We Need The 30yr FRM (Fixed-rate Mortgage)”. We argue that millions of Americans would benefit from an adjustable-rate mortgage like the 5/1 ARM for a host of reasons. One good reason for …
by confoundedinterest17 Goin’ down! Lots of volatility in markets culminating in a 15 basis point drop in the US Treasury Note yield. Since the 10-year Treasury yield dropped only -2.7 basis points, the 10Y-2Y yield curve rose slightly to -38.87 basis …
by confoundedinterest17 Is The Federal Reserve pushin’ too hard on raising their target rate? The US Treasury 10Y-2Y yield curve descended further into inversion, signaling impending recession. The US unemployment rate (U-3) tends to be the lowest when the 10Y-2Y yield …
by Ryan McMaken of Mises Institute The Federal Reserve’s Federal Open Market Committee (FOMC) today announced an increase of 75 basis points to the target federal funds rate, raising the rate to 1.75% from 1%. June’s meeting today was the third meeting this year at …
BREAKING: The Federal Reserve hikes its benchmark interest rate by three-quarters of a point, the biggest increase since 1994. @steveliesman has the details. https://t.co/gd7ybcgPCG pic.twitter.com/glrBrjHdtO — CNBC (@CNBC) June 15, 2022
JUST IN – European Central Bank will cease asset purchases in July, plans a 25 basis point hike next month. — Disclose.tv (@disclosetv) June 9, 2022 https://www.marketwatch.com/story/european-central-bank-says-it-will-end-qe-and-begin-raising-interest-rates-in-july-2022-06-09 View post on imgur.com
Australia’s central bank on Tuesday raised interest rates by the most in 22 years and flagged more tightening to come as it battles to restrain surging inflation, stunning markets and sending the local dollar flying. Wrapping up its June policy …
by Craig Hemke via Sprott Money News Your Masters of The Universe at the Federal Reserve would like you to believe that they have inflation under control and they can solve the problem through a few hikes of the fed funds rate. This …
by confoundedinterest17 Another 10 basis point jumps in Treasury yields, this time at the 2-year Treasury Note. The 10Y-2Y Treasury slope just flattened to +26 BPS. Another step in rising mortgage rates! Washington DC is anything but Harmony Hall.
In an interview with Kai Ryssdal on Marketpleace.org Jerome Powell said at the five minute, forty second mark there will be 50 basis points increases and the Fed will do ‘more’ if needed to get inflation under control. Kai prodded him …
The Deep Dive, Released on 4/22/22 Closing out the week on the Daily Dive this week is Danielle DiMartino Booth, CEO of Quill Intelligence. We start the interview off with Danielle discussing the potential for a 75 point rate hike, …
