by John Luke Tyner | Sep 27, 2024 | Blog, Bonds
Post Covid Inflation Source: Bianco. As of 9/24/24 In a recent op-ed, Jim Bianco argued that recessions and financial crises can create change across an economy. In 2020, we had both a financial crisis and a recession, significantly reshaping the economic...
by John Luke Tyner | Sep 19, 2024 | Blog, Bonds
The debate between 25 or 50bps has been settled. It appears that markets strong-armed the Fed to front-load their first cut, where today they cut the funds rate by 50bps. This moved the target rate range from 5.25% – 5.50% to 4.75% – 5.00%. The updated...
by John Luke Tyner | Jun 15, 2023 | Blog, Bonds
The “Hawkish” Pause Yesterday the Fed left their target for the funds rate unchanged between 5% to 5.25%. Many labeled the pause a hawkish “skip” where further tightening is expected. The Fed DOT plot signaled that there could be two more rate hikes in 2023. QT...
by John Luke Tyner | Mar 17, 2022 | Blog, Macro Updates
And…We Have Lift Off As expected, the Fed raised the overnight target rate 25 bps to 0.25% – 0.50%. The market had priced seven hikes this year prior to the meeting, and the Fed delivered. For some time now, the market has been pulling the Fed in its...
by John Luke Tyner | Dec 17, 2021 | Blog, Macro Updates
Fed Doubles Taper to $30M a month, Signals Three 2022 Hikes in Inflation Pivot Source: Bloomberg LP. As of 12.15.21 As of 12.15.21 What Changed? The ’22 dots on the FOMC dot plot increased fairly substantially since September. The ’22 dot...
