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Recent Blog Posts

Rising Coronavirus Infections Threaten Recovery | July 2, 2020

In a repeat of last week, rising levels of coronavirus infections overshadowed a mixed slate of economic releases, leading to uneven results in the financial markets...

Increased Virus Spread Curtails Nascent Recovery | June 26, 2020

A partial recovery in some economic data was offset this week by a resurgence in new Covid infections, which is curtailing efforts to reopen the American economy...

Bonds Stay in Tight Range As Unemployment Remains High | June 19, 2020

Bond yields traded in a relatively tight range this week, with Treasury yields across the curve ending within one bps of last Friday's closing levels...

Rates Decline As Strong Payrolls Report Not Supported By New Data | June 12, 2020

Rates declined signficantly this week as last week's robust payrolls data increasingly appears to have overstated the health of the U.S. labor market and economy.

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