IEI

US2Y yield tops 5%, US10Y yield hits highest level in 5 months after GDP data

US2Y yield tops 5%, US10Y yield hits highest level in 5 months after GDP data. The U.S. 2-year Treasury yield pushed above the 5% level and the 10-year yield hit its highest point in over 5 months. Wall Street received softer-than-expected GDP data on Thursday.

U.S. Economic Growth Up, Fed Rate Cuts Coming Later

Goldman Sachs sees core inflation trending lower in 2024, with key PCE report on deck

Goldman Sachs sees core inflation trending lower in 2024, with key PCE report on deck. The bank sees the Federal Reserve's preferred inflation gauge moving down in 2024. The PCE inflation figures could be a significant catalyst for the stock market this week. The release of the Personal Consumption Expenditures Price Index will be released on Friday.

Yardeni says 'big rally' due for stocks if PCE inflation abates

U.S. Economy Yardeni says 'big rally' due for stocks if PCE inflation abates. The core PCe inflation reading for March is slated to be released Friday. The 10-year Treasury yield dragged the S&P 500 down 5.6% from its all-time high.

Weekly Report: what happened at IEI last week (0415-0419)?

Why Haven't We Whipped Inflation Yet?

Consumer Price Index rose at an annualized rate of 4.5% over the last three months. Inflation accelerated during the first quarter. By conventional measures, money looks tight. The money supply suggests money is tight. Yet inflation accelerates. Alexander Salter says inflation remains elevated above the Federal Reserve's 2% target.

Dollar Dominance And The Ghosts Of 1997

Bond yields tick down as cash moves to safety following apparent Israel strike on Iran