PACE securitization has been dogged by political uncertainty; an endorsement from the Federal Housing Administration this week could provide a big boost.
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Fed will drop one interest rate vote next year; two in 2028
Federal Reserve Chair Kevin Warsh said the Federal Open Market Committee will continue to meet eight times a year, but one such meeting will not include an interest rate vote or an official policy statement.
For Fed, politics impossible to avoid in pre-midterm FOMC
The Federal Open Market Committee's voting history heading into previous elections might shed light on how it approaches this week's decision.
Bessent: stablecoins will help ensure dollar dominance
Treasury Secretary Scott Bessent said Tuesday that dollar-pegged stablecoins could help expand market demand for U.S. government debt, lowering the pressure on long-dated bond yields.
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.
