Federal Reserve Chair Janet Yellen kept saying that 2% inflation was just around the corner, then recently proclaimed that 2% inflation might not be attained for 2 years.
Big futures trade adds to steepening momentum amid selloff. (Bloomberg) — Traders in the $14.1 trillion Treasuries market are signaling that the persistent flattening of the yield curve this year has gone far enough.
Venezuela’s 10 year sovereign yield just hit 34.1%, the highest in the world.
Kentucky’s General Assembly will need to find an estimated $5.4 billion to fund the pension systems for state workers and school teachers in the next two-year state budget, officials told the Public Pension Oversight Board on Monday. T
The people of the once thriving country of Venezuela are suffering mightely.
(Bloomberg) — Fed Chair Janet Yellen said FOMC may have misjudged fundamental forces driving inflation and strength of labor market, and policy makers “stand ready to modify our views based on what we learn.
New home sales are out for August and saw a decline of -3.45% MoM. This puts new home sales back to 1995 levels.
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 5.9% annual gain in July, up from 5.8% the previous month.
Asset managers have flipped to net short on 10-year Treasury futures for the first time since November,
Trepp findings show that 109 outstanding loans totaling about $5.5 billion currently carry Toys “R” Us exposure.