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,
The bond market is saying something that all investors should be paying attention to. Key bond yields have been drifting higher for years, but the recent sell-off in US Treasurys has accelerated in 2026. Then on Wednesday, investors really hit the gas, as fears about a hot economy, a spiraling fiscal situation, and waning demand
Investors got a reprieve on Thursday as the bond market regained its footing following a global sell-off earlier in the week. A rout in global bonds on Tuesday that sent yields spiking was partly reversed on Thursday, with investors cheering as US Treasury yields dropped from multi-year highs. The move appeared to be largely driven
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
