debt – Timeschicago

Business

Market Snapshot: Dow slides 460 points, Nasdaq sees correction after Powell struggles to cool bond-market jitters

ByadminMarch 4, 2021

2021-03-04 18:37:00 {widget1} Stock benchmarks fell for a third day on Thursday when Jerome Powell, chairman of the Federal Reserve, said he was watching the recent rise in bond yields, but that the expected rise in inflation is unlikely to last this year and that the

Business

Economic Report: U.S. unemployment claims rise slightly to 745,000 after Texas power outages

ByadminMarch 4, 2021

2021-03-04 14:17:00 {widget1} The numbers: The number of new claims for U.S. unemployment benefits rose slightly to 745,000 in late February, indicating that the economy is still a long way from recovering all the jobs lost during the coronavirus pandemic. Initial

Business

The Fed: Fed’s Daly says asset prices are elevated, but that should not drive interest-rate decisions

ByadminMarch 3, 2021

2021-03-03 14:17:00 {widget1} Asset prices have risen more than historically, but that's not something that should guide the Federal Reserve's policy decisions, a top US banker said Tuesday. Instead, high asset prices remain "something to watch," Mary Daly,

Business

Economic Preview: The economy is heating up again and it’s good news for millions of unemployed

ByadminFebruary 27, 2021

2021-02-27 14:16:00 {widget1} The US economy is accelerating again after a speed bump over the coronavirus late last year, but what is missing is a large increase in the number of hires and people returning to work. First the good news. Consumer spending soared in January,

Business

Bond Report: U.S. government bonds just staged epic yield climbs.What’s next?

ByadminFebruary 26, 2021

2021-02-26 02:34:00 {widget1} US Treasury yields saw a steady rise in interest rates on Thursday, putting government debt across the curve on track to mark their largest weekly interest rate movements in months and, in some cases, years. What do Treasurys do? The yield on