The Federal Reserve is considering another rate hike, perhaps as early as this month, but the Treasury market’s estimate of future inflation signals skepticism from the vantage of government bond traders. The implied forecast, based on the yield spread between nominal and inflation-indexed Treasury yields, is inching lower again. The recent decline suggests that the odds for squeezing monetary policy at the central bank’s June 14-15 FOMC meeting may be lower than hawkish Fed comments of late imply.
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Monthly Archives: June 2016
Initial Guidance | 2 June 2016
Major Asset Classes | May 2016 | Performance Review
The recent rebound in global markets stumbled in May. Other than gains in US REITs, US equities, and US high-yield bonds, the rest of the field for the major asset classes suffered losses last month.
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