2-year US Treasury

Mid-terms could be a positive catalyst for stocks as investors await the next big inflation report

Mid-terms could be a positive catalyst for stocks as investors await the next big inflation report

There are two big hurdles for markets in the coming week – another potentially hot consumer inflation report and the midterm congressional elections. Stocks were up on Friday but ended a tough week with losses, following tough interest rate talks from Federal Reserve Chairman Jerome Powell on Wednesday. Powell suggested the central bank may have …

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Treasury Yields Rise as Fed's Preferred Inflation Gauge, Payroll Costs Match Expectations

Treasury Yields Rise as Fed’s Preferred Inflation Gauge, Payroll Costs Match Expectations

Treasury yields climbed on Friday as the Federal Reserve’s favorite inflation gauge and an employment cost index for September broadly matched expectations, signaling nothing to derail the central bank from imposing another three-quarters percentage point rate hike to the economy at a policy meeting next week. The moves came after traders absorbed stronger-than-expected gross domestic …

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