This is why rates rose the day the Fed made such strongly dovish comments, and how you should manage your fixed income portfolio in response.
Private companies add a net 27,000 jobs in May, the least in nearly a decade, according to the payroll firm Automatic Data Processing. Economists had expected an increase of 185,000 jobs.
Business development companies thrive when the economy is growing, and interest rates are rising, or at least not declining.
Top Federal Reserve officials are as confounded as anyone by the current U.S. inflation rate, which has remained stubbornly below the central bank's target of 2% despite a strong labor market. Unsure how to proceed, officials led by Chair Jerome Powell have invited top economists to weigh in at a two-day conference this week in Chicago.
President Donald Trump arrived in London for a controversial three-day state visit to the United Kingdom Monday, taking a swipe at the city's mayor and injecting himself in the country's leadership race, amid a week-long European tour to mark the 75th Anniversary of D-Day.
With 49 years of dividend increases, income investors have a lot to like here.
U.S. Treasury bond yields tested multi-year lows again Friday, while benchmark rates in Europe hit a new all-time trough, as fixed income investors lined up to pressure the Federal Reserve into shifting its rate stance in the face of a trade war-triggered slowdown.
The S&P 500 could fall even more than it already has in May, according to Stifel's chief equity strategist Barry Bannister, if the Federal Reserve doesn't slash interest rates twice.