The release of Wednesday’s Consumer Price Index had two major effects, says Jack Bouroudjian. Yields for the 10-year bond spiked across the yield curve, and perhaps more importantly, it raised legitimate questions of whether disinflationary pressures are over.
Market Update: China and U.S. Treasuries
Jack Bouroudjian discusses the impact of Chinese ownership of U.S. Treasuries declining.
Market Update: Rotation and Expiration
The rotation in equity markets continues, as money moves from tech stocks to other sectors. Meanwhile, the sell-off in fixed…