The AI boom is pushing long-term bond yields higher in ways that go beyond a wave of corporate borrowing. While inflation and fiscal deficits remain the biggest drivers of higher long-dated yields, AI accounts for about one-fifth of the recent rise, according to strategists at ING in a Thursday note. Much of the discussion around
The Fed gives an update on interest rates every month or two. But what investors think the central bank will do next can shift in less than a day. This week is a great example. Heading into Tuesday, investors were pricing in a 70% chance of an October rate hike. But then, in the afternoon,
Following the Federal Reserve is the closest thing market-watchers have to an ongoing soap opera. The “will they / won’t they” push-and-pull around interest rates can turn on a dime, depending on the day’s news. The central bank’s next move is always under a microscope. But for the entirety of 2026 so far, the Fed
The word “Goldilocks” is meme-ing out in US markets right now. It’s a reference to how recent economic data has been neither too cold nor too hot. The labor market and consumer spending have been cooling lately, while inflation has remained relatively mild. For the purposes of keeping interest rates on hold, the recent figures
