Bond markets sell off
Muni yields have been slow to reprice Federal Reserve expectations, but on Wednesday, they caught up fast, said James Pruskowski, managing director at Hennion & Walsh.
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KRASNOYARSK, RUSSIA – JUNE 16: A view of the production of silver granules and gold ingots in Krasnoyarsk, Russia on June 16, 2026. Krastsvetmet (Krasnoyarsk Non-Ferrous Metals Plant named after V.N. Gulidov) is one of the world’s largest producers of eight precious metals and their products. It processes all types of mineral and secondary raw…
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Stop listening to market pundits and start looking at market performance.
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By Greg Ritchie and Cameron Fozi (Bloomberg) — Traders see a U.S. interest-rate hike later this month as a coin toss, with a renewed rise in oil prices and hawkish commentary from Federal Reserve officials auguring a swift move to tame inflation. Money-market pricing on Monday suggests traders boosted their wagers for a July quarter-point…
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Minutes Item 1 – Introduction The Chair opened the meeting, thanking members for sending across their wildlife nominations. The Chair provided an overview of the previous meeting including reiterating the Bank’s objectives for secure banknote design and reminding members about the suggested guidance discussed at the previous meeting. The Panel discussed the response to the…
