Fed Rate Hike Expectations Tumble on Italy Concerns

Three months after Italy’s election, political uncertainty has led to heightened concern that Italy’s populist coalition may try to pull Italy out of the European Union (a trade union) and the Eurozone (the euro currency union). The possibility that Italy could leave...

Fed Rate Hike Expectations Tumble on Italy Concerns

Three months after Italy’s election, political uncertainty has led to heightened concern that Italy’s populist coalition may try to pull Italy out of the European Union (a trade union) and the Eurozone (the euro currency union). The possibility that Italy could leave...

Market Update | May 30, 2018

Macro View Daily Insights Latest salvo in trade spat highlights ongoing risk.China urged the U.S. to keep its word after President Trump’s latest move to stick with the proposed $50 billion in tariffs on Chinese goods, despite Treasury Secretary Mnuchin’s recent...

Market Update | May 30, 2018

Macro View Daily Insights Latest salvo in trade spat highlights ongoing risk.China urged the U.S. to keep its word after President Trump’s latest move to stick with the proposed $50 billion in tariffs on Chinese goods, despite Treasury Secretary Mnuchin’s recent...

Municipal Check-In | Bond Market Perspectives | May 29, 2018

KEY TAKEAWAYS Municipal bonds have outperformed broad high-quality fixed income since early 2017. Credit quality trends remain positive and defaults remain low as the market adjusts to lower supply post-tax plan. Valuations relative to Treasuries are quite elevated as...