Arthur Bass | Source | Managing Director of Fixed Income Financing Futures and Rates at Wedbush Secu...
Arthur Bass
-
The international economy is not doing as well we’ve got political uncertainty domestically, the bond market does move with the stock market meaning if equities get hit you will get a little bit of movement in the stock market. I think there is some trepidation now with the impeachment, if something does happen to Trump because he is pro-business.
-
I interpreted Powell’s testimony as somewhat dovish and expect a 25 basis point reduction in rates at the July 31 FOMC meeting.
-
The employment report exceeded expectations and casts some doubt on last month’s weak report.
-
10-year Treasury yield ends week under 3% amid dovish Fed comments
U.S. government debt yields fell on Friday as world leaders convened at a Group of 20 summit in Buenos Aires and investors adjusted portfolios after dovish comments from Federal Reserve officials earlier in the week.
Article -
-
10-year Treasury yield drops below 2.06%, its lowest since September 2017, after bad jobs report
Treasury yields fell Friday after the U.S. government said the economy added far fewer jobs than expected during the month of May.
Article
-
Wedbush Securities
Managing Director of Fixed Income Financing Futures and Rates