Treasury Yields, Dollar Little Changed by Unsurprising PCE Data
The dollar remained weaker after PCE inflation data were in line with expectations. The yen gained on safe-heaven demand. The euro advanced after an ECB official defended a gradual approach to ...
The Fed’s Favorite Inflation Measure Sped Up in October
Inflation has been stubborn in recent months. Now, President-elect Donald J. Trump’s tariffs loom as a potential risk.
The correlation of the Treasury spreads is a key FX determinant
A conflicting set of possibilities is the Fed minutes indicating the Dec rate cut is appropriate-—but then the Fed funds rate ...
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Bessent Has $6.7 Trillion Mountain of Worry Waiting at Treasury
Robert Burgess is the executive editor of Bloomberg Opinion. Previously, he was the global executive editor in charge of ...