Rates Becoming More Contingent On Data – Fixed Income Update
Please choose any of the following articles below that interest you. Each article is listed under the month it was written. Articles written in prior months may still have educational interest.
Treasury yields fell following the nomination of Scott Bessent as Treasury Secretary, who is a proponent of reducing federal debt as well as reducing Treasury bond issuance which fund government expenses.
The Fed is carefully tracking inflation and employment data, which could lead to a pause or delay with its current rate reduction policy. Recent economic data is indicating a possible increase in economic activity that could become inflationary should growth excel above projections.
Sources: Treasury Dept., Federal Reserve