Newsfeeds Archive - Spark Newswire

2 minute read

A Bolt From The Blue: Treasury Yields Go Haywire; Fitch Retains Negative Watch Despite US Debt Ceiling Resolution

June 2, 3:24 PM

Despite the resolution of the debt ceiling standoff allowing the U.S. government to meet its obligations, Fitch Ratings has chosen to maintain its "Rating Watch Negative" stance on the U.S.

GOVT

2 minute read

Strong Non-Farm Payrolls Ahead? Expect Aggressive Fed Rate Hikes, Macro Wiz Says

By Piero Cingari

May 31, 12:56 PM

Investors are eagerly anticipating the release of the non-farm payrolls, unemployment rate, and salary growth figures this Friday, which are expected to be the focal economic readings of the week.

GOVT

2 minute read

IMF Anticipates ‘Persistent Inflation Problem’ For US, Interest Rates To Stay At 5.5% Until 2024

By Piero Cingari

May 26, 4:21 PM

The International Monetary Fund says the U.S. economy won't escape the challenge of persistent inflation if the job market does not soften and monetary policy does not stay tight for an extended period of time. On Friday, the U.S.

GOVT

2 minute read

Powell Says Credit Crunch Could Mitigate Need For Higher Rate, Bernanke Emphasizes ‘It’s Different Than 2008’

By Piero Cingari

May 19, 12:41 PM

Current Fed Chair Jerome Powell and former Fed Chair Ben Bernanke both appeared at the Thomas Laubach Research Conference on Friday, offering monetary policy remarks.

GOVT

2 minute read

Democrats Call On Biden To Invoke 14th Amendment For Last-Minute Debt Ceiling Hike: Is It Within Presidential Power?

By Piero Cingari

May 17, 4:48 PM

A group of Democratic Senators plans to urge President Joe Biden to invoke the 14th Amendment in order to address the debt ceiling crisis.

GOVT

2 minute read

Recession Probability At A 40-Year High As Treasury Yield Curve Goes Wild Amid Debt Ceiling Crisis

By Piero Cingari

May 12, 4:32 PM

The probability that the U.S. economy will enter a recession within the next year has increased to 68.2% in April. That's the greatest level since late 1982, according to the Federal Reserve Bank of New York.

BIL

2 minute read

3 Alarming Charts: US Yield Curve Mirrors 2008 Subprime Crisis As Default, Recession Worries Mount

By Piero Cingari

May 11, 11:41 AM

The U.S.

BIL

2 minute read

CPI Reactions: S&P 500 Eyes Bull Market, Dollar Sinks, Treasuries And Gold Climb As Markets Embrace Potential Fed Pause

By Piero Cingari

May 10, 10:01 AM

Market risk appetite soared on Wednesday, with the U.S.

ADBE

2 minute read

Debt Ceiling Standoff Propels US Treasury Default Insurance Costs To Highest Levels Since 2009

By Piero Cingari

May 9, 9:12 AM

The cost of insurance against the risk of a United States sovereign debt default reached its highest level since 2009 on Tuesday, as the protracted debt-ceiling impasse continued to keep markets on tenterhooks.<

GOVT

2 minute read

Paul Krugman’s Debt Ceiling Fix: Trillion-Dollar Coin Or Premium Bond Strategy

By Piero Cingari

May 4, 3:59 PM

Nobel Prize-winning economist Paul Krugman claimed that issuing premium bonds or minting a $1 trillion platinum coin will break the impasse in raising the U.S.

GOVT