TEXT: US Treasury to Issue New 20-Year Bond in First Half of 2020
WASHINGTON (MaceNews) –The following is the text of Thursday evening’s announcement by the U.S. Treasury Department that in the first half of this year it will issue a 20-year Treasury bond: The U.S. Department of the Treasury today announced it plans to issue a 20-year nominal coupon bond in the first half of calendar year […]
COMMENTARY: BEGINNING MARCH 1 MARKETS GET SOMETHING NEW: THE DATA WHIPSAW
–Machines Displace Humans To Take Over US Labor and Commerce Economic Data By Denny Gulino WASHINGTON (MaceNews) – The jobs report hits the wires. Whoa, unexpectedly few additions to payrolls. Markets react. But in the same instant another headline tells you severe weather holds down survey response rate, revisions likely. Beginning March 1, forget that […]
FED'S BOWMAN SEES STRONG HOUSING SECTOR WITH HELP FROM LOW RATES
NEW YORK (MaceNews) – Continued moderate growth and a strong jobs market point to strength in the housing market, with key support from ongoing low interest rates, Federal Reserve Governor Michelle Bowman said Thursday. Bowman, in remarks prepared for delivery to a homebuilders group in Kansas City, noted that the FOMC sees interest rates remaining […]
ATLANTA FED’S BOSTIC: OPEN TO LEAVING RATES UNCHANGED BUT MUST WATCH INFLATION, FINANCIAL RISK
By Steven K. Beckner (MaceNews) – While there are no compelling reasons at this time for the Federal Reserve to raise interest rates, it must be ready to do so if signs of inflationary “overheating” or financial excesses emerge, Atlanta Federal Reserve Bank President Raphael Bostic said Wednesday. Like several of his colleagues on the […]