BIL

Above The Noise: Countdown To A Rate Cut

Data indicates that we can expect to see the first Federal Reserve interest rate cut soon. The implied rate suggests that the first cut may be coming in September. Value and small-cap stocks have tended to outperform growth stocks in the past. The first rate cut is expected to come soon.

More Good Inflation News: David Berson's Economic Brief

Inflation Remained Low In June

Vanguard spotlights opportunities in the bond market as rates are expected to decline

Vanguard spotlights opportunities in the bond market as rates are expected to decline. Inflation has cooled to levels that would allow for the Federal Reserve to start cutting rates in 2024. The shorter end of the U.S. 2 Year Treasury yield has fallen 5 basis points to 4.37%.

Rates Spark: Euro Rates Eyeing Quicker ECB Cuts

Multi-Asset Mid-Year Outlook Global Growth Picture Supports Risk Assets

Yield curve between 2s/10s comes to closest level of becoming un-inverted in 9 months

Yield curve between 2s/10s comes to closest level of becoming un-inverted in 9 months on Thursday. The inverted yield curve between the U.S. 2 Year Treasury yield and the 10 year Treasury yield reached its closest level to becoming unverted in nine months. The 2s10s curve continues to steepen and is now 14 basis points away from un- inverting. The inversion took hold in July 2022.

U.S. GDP Growth Beats Expectations, But Fails To Dent The Market's Faith In Rate Cuts

U.S. GDP Growth Beats Expectations, But Fails To Dent The Market's Faith In Rate Cuts. GDP grew an annualised 2.8% in second-quarter 2024. Core PCE deflator rose 2.9% annualised versus the 2.7% expectation.