by bondevalue | Mar 11, 2019 | European Central Bank
The European Central Bank launched a new round of cheap loans to support troubled banks and postponed interest rate hikes to at least the end of 2019, months later than previously indicated, in efforts to spark growth in the eurozone. As a result, German bonds soared...
by bondevalue | Feb 5, 2019 | Macroeconomic news, U.S. Federal Reserve Bank
Federal Reserve Bank of Dallas President Robert Kaplan urged the Fed to “exercise patience and refrain from taking further action on the federal funds rate until the economic outlook becomes somewhat clearer”, in an essay he just released, titled “The Value of...
by bondevalue | Dec 20, 2018 | Financial News, Interest Rate Trends, Macroeconomic news, U.S. Federal Reserve Bank
The U.S. Federal Reserve defied President Donald Trump to raise interest rates for the fourth time in 2018, by a quarter percentage point to 2.25% to 2.5%, at the recent FOMC meetings on 18-19 December. The FOMC vote was unanimous, with all four of the Fed governors...
by bondevalue | Dec 10, 2018 | Financial News, Interest Rate Trends, Macroeconomic news, U.S. Federal Reserve Bank, U.S. Treasury Yield
Fed Governor Lael Brainard, speaking on the last day before officials enter a blackout period for public comment ahead of their 18-19 December meeting, reiterated an argument for more gradual rate hikes in the “near term”, a message that her colleagues...
by bondevalue | Nov 19, 2018 | Financial News, Interest Rate Trends, Macroeconomic news, U.S. Federal Reserve Bank, U.S. Treasury Yield
Last week at the Dallas Fed, Chairman Jerome Powell, while generally upbeat about the U.S. economic outlook, laid out a scenario for pausing in the central bank’s trajectory of interest rate hikes sometime in 2019 by highlighting potential headwinds to the...
by bondevalue | Sep 23, 2018 | Bank of Japan, Financial News, Macroeconomic news, Sovereign Bonds
The Bank of Japan (“BOJ”) trimmed its buying of bonds due in more than 25 years by 10 billion yen ($88.9 million) to 50 billion yen at its regular operation on 21 September 2018, the first reduction since July. The central bank had said in July that it...
