More From Asset Securitization Report
Treasuries slump as hot inflation lifts Fed rate-hike bets
Traders priced in a roughly coin-toss probability that the U.S. central bank boosts rates at its October meeting after consumer prices advanced at the fastest pace in five months.
Lenders tighten credit as rate hikes shrink refi market
Among the products disappearing from menus in September included those for cash-out refis and investor home purchases, the Mortgage Bankers Association said.
Fed’s Williams not swayed that a rate hike is the answer yet
Federal Reserve Bank of New York President John Williams said Wednesday that inflation expectations remain well anchored, suggesting a "wait-and-see" approach for monetary policy.
Bessent leaves BOJ in no-win situation over Japan rate hikes
Any failure to follow Bessent's barely camouflaged calls to raise interest rates would now not only surprise traders who fully expect a move, but also send the yen tumbling.
Fed’s Barr noncommittal on September rate hike
Markets are still pricing in an increase in the federal funds rate later this month, but Federal Reserve Gov. Michael Barr said his vote will depend on incoming unemployment and inflation data.
