Members of the Federal Open Market Committee at its April meeting saw conditions in the labor market improve, even as the economy appeared to have slowed.
Policymakers at the Federal Reserve have opted to keep interest rates frozen.
The Fed delays another rate hike as it waits to see how the U.S. weathers economic weakness abroad and falling oil prices at home.
Treasury Inflation Protected Securities (TIPS) are finding a bid in the marketplace after being ignored during a period of low inflation.
Will short-term interest rates rise at the Fed meeting in December? How will bond investors react?
The U.S. Treasury holds weekly T-bill auctions. That’s not news, but in the 4 weekly auctions held before the Oct. 19 auctions, the 1-month T-bill was priced to yield 0.00%.
Will the Fed raise its targeted federal funds rate in September? The world will know after it meets in mid-September. Is it time to put away the punch bowl?
The yield curve could actually flatten, with longer term bonds benefiting from the tightening with price increases.
Since December 2008, interest rates set by the central bank have been virtually zero, leading to low CD rates and even lower savings account and money market account rates.
Last week’s meeting of the Fed was generally interpreted as bullish on the economy and bolstered confidence that an interest rate increase could indeed come this year.