Explainer: What is the Treasury yield curve and what is it telling us?
A hawkish shift from the U.S. Federal Reserve last week has focused attention on the shape of the yield curve. Here’s a short primer explaining what the yield curve is and how its shape may reflect expectations of the economy’s trajectory.
Explainer: What’s at stake for markets as U.S. debt ceiling looms
The U.S. debt ceiling comes into effect at the end of July, putting pressure on the Treasury to reduce its cash balance ahead of the deadline. That means more injections of cash into a financial system already awash with liquidity, a scenario that could further sink short-term rates and cause undue distortion in the overnight repurchase market.
US STOCKS-Dow notches fifth straight record high
* Ulta Beauty slumps as revenue forecast disappoints * Benchmark 10-year bond yield hits one-year high * The Nasdaq and S&P 500 post best week in five (Adds 4 p.m. close) NEW YORK, March 12 (Reuters) – The blue-chip Dow powered to its fifth consecutive record high on Friday as investors bought shares that should […]
