November 5, 2024 United States: Treasuries Slip on Election Day as Volatility Hits One-Year High US Treasuries fell and a gauge of bond volatility rose to the highest in a year as traders counted down to a presidential election that remains too close to call.   The yield on 10-year Treasuries rose as much as

November 4, 2024 United States: ‘Trump Trade’ Doubts Drag on Dollar, Boosting US Treasuries Treasury yields fell sharply, and the dollar weakened as investors pared bets on Republican Donald Trump prevailing in Tuesday’s US election.   The yield on 10-year Treasuries dropped as much as 11 basis points to 4.27% after a new poll suggested

November 1, 2024 United States: Treasuries Soar as Distorted US Jobs Data Fuels Bets on Fed Cut US government debt rallied after the economy generated just 12,000 jobs last month amid storms and strikes, leaving intact expectations that the Federal Reserve will lower interest rates next week.   Treasuries advanced on Friday, led by the

October 31, 2024 United States: Key US Inflation Gauge and Spending Pick Up in Solid Economy The Federal Reserve’s preferred measure of underlying US inflation posted its biggest monthly gain since April, bolstering the case for a slower pace of interest-rate cuts following last month’s outsize reduction.   The so-called core personal consumption expenditures price index, which

October 30, 2024 United States: US Economy Expands at 2.8% Rate, Powered by Resilient Consumer   The US economy expanded at a robust pace in the third quarter as household purchases accelerated ahead of the election and the federal government ramped up defense spending.   Inflation-adjusted gross domestic product increased at a 2.8% annualized after rising 3%