The numbers: A key gauge of U.S. inflation rose 0.6% in May largely due to the higher cost of gas and food, but there were renewed signs that price pressures Read more
Tag: bond markets
Coming up: PCE inflation and consumer spending
The PCE inflation gauge preferred by the Federal Reserve is forecast to rise 0.7% in May. The core rate, which excludes food and gas, is seen increasing 0.4%. The 12-month Read more
Bond yields slide ahead of crucial U.S. data
Bond yields softened on Thursday as a risk averse tone across markets encouraged buying of government debt and as traders waited for crucial U.S. data. What’s happening The yield on Read more
Fed rolls out new index to flag early warning signs of distress in corporate bonds
The New York Federal Reserve on Wednesday rolled out a new index to help detect early warning signs of distress in the near $10 trillion U.S. corporate bond market, roughly Read more
Most Treasury yields decline as first-quarter GDP is revised lower and recession worries continue
Most Treasury yields eased Wednesday morning as data showed U.S. economic growth unexpectedly contracted by a revised 1.6% annual pace, which was deeper than initially reported. What’s happening? The yield Read more
Here’s how much your Social Security check is likely to go up next year
Good news — sort of. If you’re retired or just about to retire, next year’s Social Security checks are likely to see one of the biggest bumps on record as Read more
Powell says no guarantee of soft landing
Fed Chairman Jerome Powell on Wednesday said there was no guarantee that the central bank can engineer a soft landing for the U.S. economy. “We think that there are pathways Read more
Who are the 50 people influencing markets most this year? Tell us what you think.
This is a year in financial markets that will be remembered. Stocks had their worst start to a year since the Great Depression and quickly entered a bear market. Bitcoin Read more
Consumer confidence falls to 16-month low on worries about inflation and economy
The numbers: A survey of U.S. consumer confidence dropped in June to a 16-month low of 98.7, as Americans grew more worried about high gas and food prices and the Read more