Bond Market in Step With Fed Is About to Slam Into US Election
Treasury bond investors pivot towards the second half of the year with potential wild-card risks from a hotly contested presidential race.
Treasury bond investors pivot towards the second half of the year with potential wild-card risks from a hotly contested presidential race.
Janet Yellen told Yahoo Finance that she does "not see the basis" for a US recession, and that she expects the Fed will hit its 2% target next year.
Fed's favored inflation yardsticks poised to show tamest monthly advances since late last year, stepping stone to begin lowering interest rates.
A potential debt ceiling standoff in the United States next year could be one of the worst since the 2011 crisis.
Some prominent investors think future inflation will be worse if Trump wins the 2024 election than if Biden wins.
US Treasuries are on the brink of breaking even during a roller-coaster first half of the year.
A mammoth tax debate that will dominate Washington in 2025 is already well underway in 2024.