News

The Reserve Bank of Australia (RBA) opted to hold its cash rate steady at 3.85% during its July meeting, defying market forecasts for a 25bps cut. Minutes released today from the RBA's deliberations ...
Both congressional Democrats and Republicans had negative favorability ratings, but the Democrats were somewhat worse off (38 favorable, 60 negative) than Republicans (42-57).
We continue to be bullish on Treasury bonds, despite the recent sell-off with a 3.75% year-end yield target on the 10-year.
We continue to be bullish on Treasury bonds, despite the recent sell-off with a 3.75% year-end yield target on the 10-year.
The increase in inflation was offset by the decrease in shelter inflation and the slower rise in new vehicle prices.