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Showing 41 - 50 of 280 results for %2210-year US Treasuries%22

Chief economist update: Submerging markets

BENJAMIN ONG  |  TUESDAY, 19 JUN 2018
... and 16.1%. To be sure, to be sure: "With American money market funds now offering yields around 2% - where 10-year Treasuries were just last September - and prospects for more Fed hikes, the bar for heading into riskier assets has been raised. Headlines ...

Chief economist update: Fed flattens the yield curve

BENJAMIN ONG  |  THURSDAY, 14 JUN 2018
... dot plots indicates that Fed participants now expect another two more rate hikes (instead of one) for a total of four this year. This is well and good and certainly a consequence of the revisions in the Fed's growth, unemployment and inflation forecasts ...

Chief economist update: BOE fails market expectations

BENJAMIN ONG  |  FRIDAY, 11 MAY 2018
The Fed is on track for another two more of its forward guided three interest rate hikes this year. This is the message from the just-released US CPI report for April. Despite the continued improvement in the US unemployment rate - down to 3.9% in April ...

Moving on up to target

BENJAMIN ONG  |  TUESDAY, 1 MAY 2018
... assessing monetary policy direction is just a pip short of its 2% target. The core PCE price index increased by 1.9% in the year to March, a significant increase from the previous month's 1.6% gain and is the fastest inflation rate since February 2017. ...

Chief economist update: New Fed chief, same policy direction (but more transparent)

BENJAMIN ONG  |  WEDNESDAY, 28 FEB 2018
... just about sums up last night's activity on Wall Street that saw the S&P 500 index drop by 1.3%; the yield on 10-year Treasuries climb by three basis points to 2.89%; and the Bloomberg dollar spot index appreciate by 0.6%. Blame it on Jerome Powell and ...

Chief economist update: The Fed's force is with us

BENJAMIN ONG  |  FRIDAY, 9 FEB 2018
... equity investors a run for their money. Though down overnight to 2.82% (Bloomberg data) from 2.84%, the recent rise in the 10-year Treasury bond yields have reduced the S&P 500's premium to 3.05% (including the recent drop) from the 3.7% average in 2017 ...

Chief economist update: RBA stuck in slow inflation lane

BENJAMIN ONG  |  THURSDAY, 1 FEB 2018
... January FOMC meeting. However, it changed its inflation outlook, expecting "Inflation on a 12-month basis... to move up "this year" and to stabilise around the Committee's 2% objective over the medium term." The indicators show it should. Growth is faster ...

Chief economist update: The spook on Wall Street

BENJAMIN ONG  |  WEDNESDAY, 31 JAN 2018
... Russell 2000 1%. The butcher, the baker and the candlestick maker all blamed the bond market as the yield on 10-year Treasuries rose to 2.73% - the highest level since April 2014. My data shows that perhaps 'Business Insider' went a bit overboard to ...

Chief economist update: Bond sell bomb shell

BENJAMIN ONG  |  THURSDAY, 11 JAN 2018
... given the previous day's commotion over the Bank of Japan's (BOJ) announcement that it's trimming its purchases of 10 to 25-year and 25 to 40-year JGBs by ¥10 billion each. And then, there's the European Central Bank (ECB) which is scheduled to halve ...

America is full

BENJAMIN ONG  |  MONDAY, 11 DEC 2017
... Bank of St. Louis places both the short- and long-term natural rate of unemployment at 4.74% in the fourth quarter of this year. Yet wages growth remains sluggish. The same employment report showed that average hourly earnings rose by just 2.5% in the ...