The bond market is signaling a higher chance of recession at the same time it is pricing in more Federal Reserve interest rate hikes.
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The bond market is signaling a higher chance of recession at the same time it is pricing in more Federal Reserve interest rate hikes.
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The Exxon oil refinery in Baytown, Texas, US, on Thursday, March 5, 2026. Mark Felix | Bloomberg | Getty Images Surging oil prices due to the Iran war did not result in a windfall for Exxon Mobil and Chevron in the first quarter. The two biggest U.S. oil companies reported profits on Friday that fell […]
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Treasury yields were unchanged on Friday as investors digested a week of key economic data and policy releases. The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — was unchanged at 4.390%. The 2-year Treasury note yield, which more closely tracks short-term Federal Reserve interest rate policy, was […]
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