by John Luke Tyner | Jan 30, 2026 | Blog, Bonds
January FOMC The Fed held its policy rate in the 3.5-3.75% range earlier this week, largely as expected. The vote was 10-2, where Governors Miran and Waller dissented in favor of a -25bp reduction (Bowman did not dissent). The Fed noted better growth and “some...
by Aptus PM Team | Dec 19, 2025 | Blog, Charts
Our team looks at a lot of research throughout the day. Here are a handful that we think are good summations of investor activity, from manager struggles to large cap earnings, AI impacts to economic growth, and money flows to cash and bonds. Hope you have a great...
by John Luke Tyner | Dec 11, 2025 | Blog, Bonds
The FOMC release was less hawkish than feared (milkshake) with a dovish presser (cherry on top). We view December 10th’s move as a risk management cut given a slowing job market and limited inflation fears (we’re above target, but inflation break-evens...
by Aptus PM Team | Oct 31, 2025 | Blog, Bonds
As expected, the Fed lowered the federal funds target rate 25bps on Wednesday to a range of 3.75% to 4.00%, the second consecutive rate reduction this year and now marking a total of 50bps in cuts so far in 2025 and 150bps since September of last year. Source:...
by Aptus PM Team | Sep 26, 2025 | Blog, Bonds
Tug of War: Goods vs Services Inflation Goods inflation is rising because of tariffs, while the rise in services prices stabilizes. Source: Apollo. As of 9/22/25. As a whole, 72% of CPI components are growing faster than the Fed’s 2% inflation...
