Dovish bets in March 2019 eurodollar options exited en masse Rate-hike wagers creep back into OIS curve for coming year Bets that the Federal Reserve will raise rates again in March, which virtually disappeared from U.S. interest-rate options markets last...
Gap between 3-month and 10-year Treasury yields has plunged Fed chief Powell’s job has become ‘that much harder’: BMO Traders return to their desks in the new year with a familiar warning signal flashing even more strongly than before —...
The latest quarter-point increase brings the federal funds rate to a new range of 2.25 to 2.5 percent, which will have far-reaching consequences for consumers. That can be both good and bad. Here's a breakdown of what could happen to...
The final Federal Reserve interest rate decision of the year is here. At 2:00 p.m. ET, the Fed is expected to announce a 25 basis point increase in the target range for its benchmark interest rate for the fourth time...
Americans are living longer. From 1960 to 2016, the average American life expectancy increased by nine years. Despite the increase in life expectancy, workers are retiring at the same age as they did in 1960. Yet, the landscape of retirement...
Review follows plans by China to buy more U.S. soybeans U.S. officials have so far found China’s promises lacking China’s openness to cutting tariffs on U.S. cars is feeding optimism about trade talks with the U.S. But recent history gives...
The bond market is beginning to sound the alarm of a recession, with an inversion in U.S. Treasury yields occurring on Monday for the first time since 2007. The yield on the 5-year Treasury note fell below the yield on...
Trade war leaves little room for optimism among Chinese firms External tailwinds waning as companies face profit squeeze China’s economy slowed for a sixth straight month in November as the ongoing trade war with the U.S. continued to weigh on...
At last, Britain’s game of three-dimensional chess with the European Union is entering its closing phase. On November 14th the two parties published a draft divorce agreement, 585 pages in length. Nearly two-and-a-half years after the British shocked their own...
Getting a college degree and buying a home are two milestones many Americans aspire to. But as student debt skyrockets, the burden can often make homeownership tougher to achieve. Almost one in four homebuyers this year had student loans, which...
Each year, we assign Morningstar Analyst Ratings to college savings plans based on five key pillars: Process, People, Parent, Price, and Performance. We also consider if any plans convey unique benefits, such as local tax breaks, grants, and scholarships, though...
Oil tumbles to one-month low; Gold, yen rally on haven buying Stoxx Europe 600 slides toward the lowest level since 2016 U.S. stocks fell for a fifth day, with the S&P 500 touching the lowest level since May and the...
Keeps central bank on track for gradual interest-rate hikes Central-bank chief calls recent wage increases ‘quite welcome’ Federal Reserve Chairman Jerome Powell welcomed recent increases in Americans’ wages while expressing confidence that low unemployment won’t spur a takeoff in prices...
On Sept. 24, 5,745 goods imported to the U.S. from China will be hit with a 10% tax. Unlike previous tariffs, many of these items are things that are directly sold to consumers instead of raw materials, like luggage and...
A slight majority of U.S. adults (52 percent) lived in middle-class households in 2016, according to a new report from Pew Research Center. That might seem like only a bare improvement from the previous reporting period in 2011, when the...
