Hassett sees Fed acting if October inflation data come in high
Hassett was speaking shortly after the latest PCE inflation report showed that core price gains, excluding food and energy, clocked a 3.1% year-on-year pace for September.
External Articles
Wall Street’s AI debt machine is starting to choke on supply
Yields are soaring into the double digits on bonds and loans funding the AI infrastructure buildout. Bankers are finding it more difficult to offload risk to insurers and other investors.
Bond-market doubts grow over gridlock as cure for deficit angst
A split Congress has often been a bullish recipe for Treasuries. Benchmark 10-year yields have been lower on average one and 12 months after midterms that produced such a result.
Fed meeting focus turns to Warsh messaging with December in mind
It's the same task the Fed chairman fumbled in July, when investors took a rate hold in stride but balked at Warsh's unwillingness to signal borrowing costs might need to move higher.
Sudden CLO unwind at crescent wipes out owners of riskiest debt
Designating the loans as credit risks gave Crescent broader authority to sell them as it shrank the CLO, allowing it to liquidate the remaining portfolio without approval from subordinated noteholders.
EU nears securitization reform in bid to unleash billions
The framework, still needs to be finalized and formally endorsed, would reduce banks' capital requirements for low-risk deals and reduce administrative burden for market participants.
Surging yields bring biggest spate of debt sale delays this year
Morgan Stanley this month has struggled to attract demand for a $301 million commercial real estate bond tied to a data center in Kansas City.
America’s Car-Mart in talks for sale as subprime auto struggles
Discussions center around a deal that would be executed through a court-supervised Chapter 11 sale process or via a shareholder vote.
Bessent sees no spillover from France bond market’s turmoil
Since the turmoil in France escalated from the end of last month, moves in that country's bonds have affected Treasuries several times — either by pushing them down in tandem or causing flows into U.S. debt as a haven trade.
EU officials propose guardrails for insurance SRT boom
Insurers' unfunded significant risk transfers should meet a set of extra solvency criteria to ensure stability if policymakers back the most lenient bank-capital treatment.
Load More
Couldn’t load more articles. Try again.