Bond Yields Hit Their Highest Since 2002 as a Weak Jobs Report Clouds the Fed’s Path
The week was defined by the tug-of-war between economic data feeding the debate over further Federal…
AI Euphoria Beats a Bond Market in Revolt – Stocks Notch a Winning Week
The week in U.S. markets was shaped by two powerful and opposing forces: enthusiasm for artificial…
First Fed Hike Since 2023 Sends the 10-Year Above 5% for the First Time in Three Years
The Federal Reserve (Fed) raised the benchmark rate by 25 basis points, to a range of…
A Hawkish Fed Chair Couldn’t Stop Nvidia From Stealing the Show
The Jackson Hole symposium dominated the week. In his first speech there as Federal Reserve chairman,…