I see #1 and #4 as the most likely triggers of a rise in Treasury yields.U.S. Treasury bonds (10-year and 30-year) topped out above 15% in late 1981, and have traced a sawtooth pattern down ever since. The 10-year bond now yields 1.92% and the 30-…
Brookings scholars share my view that American industry remains in struggle, not renaissance mode. Two aspects of its newest manufacturing report are especially worth highlighting:
Average monthly job creation has been so strong for the past year (259,000) that it’s produced the best such performance since the late-1990s.
As Congress’ debate over President Obama’s trade agenda heats up, yesterday’s revised government figures on the gross domestic product (GDP)
Fed Chair Janet Yellen made some minor trade-related headlines (in the greater scheme of things) when she reportedly told the Senate Banking Committee that she opposed including enforceable disciplines on currency manipulation in trade agreements.
The free market for banking services in the United States isn’t a free market at all.
The truth is the biggest commercial banks in America operate with virtual impunity as a government-subsidized, government-protected oligopoly.
it’s hard to know who understands less about Ohio’s economy and its critical stake in smarter U.S. trade policies – reporter Siobhan Hughes or the state’s Republican Senator, Rob Portman.