I’d be less than honest if I said I wasn’t surprised how well the treasuries traded yesterday. Not that they were that strong — at their best levels yields were barely down 3 bps — but the 10-year did leave a bullish gap, the 30-year yield made it all the way back into the range […]
Treasuries tread water as gold and dollar break away Read More »
(Bloomberg) — Former Federal Reserve Vice Chair Lael Brainard suggested there’s a real risk of multiple Fed district bank presidents getting removed from office next year as a result of politically charged maneuvering by President Donald Trump. Brainard, who served on the Fed board from 2014 to 2023, spoke a day after Trump moved to
Fed bank presidents face risk of removal on Trump’s maneuvers, Brainard says Read More »
Former Treasury Secretary Lawrence Summers said he expects Donald Trump to name a mainstream candidate to replace Federal Reserve Chair Jerome Powell, despite the president’s bashing of the U.S. central bank leader for failing to cut interest rates this yearBloomberg News Former Treasury Secretary Lawrence Summers said he expects Donald Trump to name a mainstream
Summers sees Trump naming ‘respected’ replacement for Powell Read More »