The US housing market faces a delicate balancing act in 2025, influenced by effects of the pandemic and persistently high mortgage rates.
Two key components drive the shape of the yield curve: expectations for the short-term interest rate and expectations for the term premium.
As the year comes to a close, we revisit some of the key market themes and moves for 2024 and the year ahead.
Fixed income markets face key questions that will shape their direction in 2025. This post explores these questions & their potential impact.
With a "Red Sweep" in Washington likely, markets are now pricing in a more aggressive policy agenda.
The cautiously optimistic American consumer braces for financial strain as inflation and debt delinquencies are expected to rise.
Economic data releases have surprised to the upside in recent weeks, but inflation does not remain a threat right now.
Long-term US Treasury yields rose last week as investors digested mixed economic data that reinforced the idea of a "Goldilocks" economy.
Financial conditions are a collection of asset prices and interest rates that have the potential to affect the real economy.
Last week, the labor data showed a weakening labor market, but didn't give clear signals for the Fed to cut rates by 50 bp at the next FOMC.
Over the past 20 years, the corporate bond market has experienced an evolution driven by cycles, regulatory shifts, and changing demand.
Until recently, the prevailing market narrative since October was that the Fed was in a "pivot" to eventual rate cuts.
