Fed Brief

  • 03-15-2017 15:22:44 PM ET

    The Federal Open Market Committee (FOMC) accomplished todaywhat Fed members set out to do several weeks ago when talking up thepossibility that a rate hike could happen at the March meeting. The committee saw a window of rate-hikeopportunity and it took it, bumping up the target range for the fe...

Bond Market Update

  • The Market at 15:20 ET

    10-Year: +5/32…2.40…EUR/USD: 1.0797USD/JPY: 110.97

    Treasury Market Stands Its Ground

    • MBA Mortgage Index for the week ending 3/18: Actual -2.7% w/w, Prior +3.1%
    • January FHFA Housing Price Index: Actual 0.0% m/m (5.7% y/y), Prior 0.4% (6.2% y/y)
    • February Existing Home Sales: Actual 5.48M, Briefing.com consensus 5.54M, Prior 5.69M
    • Crude Inventories for the week ending 3/18: Actual 5.0M, Expected 2.8M, Prior -0.23M barrels
    • Italy set to raise 2017 growth outlook - Reuters

The Bond Column

  • 03-17-2017 16:27:53 PM ET

    The Week in Review/Week Ahead

    Isaw a headline early this week claiming that the age of a Fed policymaker could determine her views on monetary policy. Following the FOMC's decision on Wednesday to hike rates in a 9-1 decision w...

Treasury Yield