Longer-term U.S. Treasury yields have been rising alongside inflation expectations. Just how transitory an expected inflation “pop” proves matters as the economy reopens amid a gusher of fiscal stimulus.
Amid a massive return since the March low, the default rate has nearly tripled from year-ago levels as recovery rates deteriorate. "Kicking the can down the road" as vulnerability grows.
Federal Reserve and other major central bank stimulus should benefit high-quality value stocks and foster inflation's "green shoots" as the global economy emerges from recession.
Thornburg's investment team keeps an eye on the macro but focuses squarely on the fundamentals and portfolio fit of each stock and bond selected. This July 17 macro overview is a sample of an internal weekly note to our distribution team that features big-picture highlights from the week that was.
Portfolio Manager Bimal Shah joined Yahoo! Finance to discuss market volatility, the Fed and how each affects the markets broadly. He says that back in March, the Fed was supposed to sprinkle some liquidity into the market, but instead it "soaked the market with liquidity."
Coronavirus has sent economies swooning, toppling consumer price indices. Rebounds in stock and bond markets on policy stimulus don't mean market volatility is over, or that inflation is dead.
The 3-minute take on the Federal Reserve's unprecedented actions
Hear our views on unfolding opportunities and risks across the credit spectrum—high yield, investment grade, leveraged loans and more-- as well as our assessment of market liquidity.
The Fed chopped its key rate after equities and bond markets tanked last week. The move risks fueling already frothy risk asset prices amid weakening global growth due to COVID-19, which has badly disrupted global supply chains and increasingly damped some services industries.
Coronavirus-induced market volatility is another in a long string of blows to the global economic recovery. But investors should look through the disruptions for free-cash-flow companies with healthy balance sheets and resilient, if not robust earnings.
While the Fed met expectations in its latest interest rate reduction, it signaled that hikes are a long way off.
Spectacular first-quarter market returns are quite a bounce back from the December 26 lows, when all anyone could think of was fleeing risk exposures. Many markets saw their best quarter...
It appears the "Powell Put" has been exercised as the Fed chief declares no "pre-set" course on rates and no "hesitation" to change its balance sheet runoff. But does the economy still need Fed accommodation, or do markets just want it?
The Fed chairman makes clear the bar for slowing monetary tightening is higher nowadays, and argues emerging markets are much better positioned to handle higher U.S. yields than they were before.
The U.S. Federal Reserve has announced the October start of the slow reversal in the unprecedented expansion of its balance sheet following the 2008 Global Financial Crisis. Chairwoman Janet Yellen...
Despite weaker economic data of late, the U.S. Federal Reserve matched market expectations in raising its benchmark interest rate June 14, 2017 a quarter point, setting its new range to a still highly...
The U.S. Federal Reserve shifted gears at its March 15, 2017, monetary policy meeting, lifting its key Federal funds rate a quarter-point to a 0.75-1.00% range. Although the increase was widely flagged...
After leaving its benchmark interest rate near zero for eight years and then lifting it just once in each of the last two, the market has grown accustomed to discounting U.S. Federal Reserve indications...