Market Commentary

At one time yesterday, the two-year Treasury—or the instrument most sensitive to monetary policy– was experiencing another 8 standard deviation move, the second such occurrence in

February’s jobs data is released at 8:30.   How close are analyst’s projections?  How much will January’s statistics be revised?  The current spate of volatility that has

The data is continuing to exceed expectations suggesting the economy is still accelerating even after the most aggressive Fed in several generations.  This view was acknowledged by

The recent volatility commenced with January’s unemployment data that far exceeded anyone’s estimates by a large factor.  All are expecting revisions in the

Longer date bond yields appear to be realizing that inflation is perhaps here to stay.  Term premium—essentially

Federal Reserve officials said interest rates will need to increase further and stay elevated into next year to curb inflation showing

The month has ended with the financial landscape looking rather different than the end of January.  Just four weeks ago, disinflation was

Fed Governor Phillip Johnson rejected arguments for raising the Fed’s 2% inflation goal stating, “changing it could destabilize well

The Federal Reserve’s preferred inflation gauges unexpectedly accelerated in January. Consumer spending surged after a

Equities were volatile yesterday, at one time sending the markets lower for the fifth consecutive day, the longest stretch since early December.  The selloff was led by the same companies that