Latest Articles that tagged "US Federal Reserve"
The Yen Rewrites the Liquidity Map

The Yen Rewrites the Liquidity Map
— Margin Notes: 2026-09-04

The Japanese yen advanced more than 2% on Thursday, moving toward levels last seen in May as investors unwound positions funded in the low-yielding currency....

Treasuries Make Every Asset Explain Its Funding

Treasuries Make Every Asset Explain Its Funding
— Margin Notes: 2026-09-01

The US 10-year Treasury yield held at 4.77% on Tuesday, while the 30-year yield reached 5.269%, giving September an expensive opening paragraph. Global bond yields climbed to their highest levels...

The 4.71% Treasury Yield Raises the Cost of Every Shock

The 4.71% Treasury Yield Raises the Cost of Every Shock
— Margin Notes: 2026-08-31

US strikes on Iranian rocket launchers sent Brent crude to $90.53, a move that puts the Strait of Hormuz back at the center of the market’s inflation calculation....

Hormuz Talks Move Risk Beyond Oil

Hormuz Talks Move Risk Beyond Oil
— Margin Notes: 2026-08-26

Iran and Oman are discussing an interim reopening of the Strait of Hormuz, and Brent crude fell 1.93% to $85.59 as traders marked down the immediate chance of a prolonged supply shock....

The Debasement Trade's New Guard

The Debasement Trade's New Guard
— Margin Notes: 2026-08-24

Institutional capital is no longer waiting for the US government to fix its bond market; it is simply betting against the attempt. While Treasury Secretary Scott Bessent's $4 billion buyback was...

Bessent Buys Time, Markets Spend It

Bessent Buys Time, Markets Spend It
— Margin Notes: 2026-08-20

Treasury Secretary Scott Bessent’s bond-buying initiative helped hold the US 10-year Treasury yield near 4.65%, while the S&P 500 gained 0.21%. The immediate result was familiar enough: bonds...

Nvidia’s Selloff Tests Which Stories Still Get Funded

Nvidia’s Selloff Tests Which Stories Still Get Funded
— Margin Notes: 2026-08-19

Nvidia fell 2.34% to $219.74, helping drag the Nasdaq down 1.33% as investors became less willing to treat every AI infrastructure project as an automatic winner....

US Treasuries Raise the Bar for Risk

US Treasuries Raise the Bar for Risk
— Margin Notes: 2026-08-18

The US 10-year Treasury yield reached 4.74% while the S&P 500 fell 0.52%, putting the day’s central argument in plain view: growth can still attract capital, but it no longer gets a free pass from...

Goldman Sachs Finds Easier Money Still Has a Bill

Goldman Sachs Finds Easier Money Still Has a Bill
— Margin Notes: 2026-08-17

Goldman Sachs said markets are too aggressive in betting on further US Federal Reserve rate increases, while emerging-market currencies climbed to records as those expectations softened....

Japan's Yen Signal Tests a Rally Built on Cheaper Money

Japan's Yen Signal Tests a Rally Built on Cheaper Money
— Margin Notes: 2026-08-13

Oil traded at $83.06 on Thursday after President Donald Trump returned to economic pressure on Iran, while negotiations remained frozen and Tehran adopted a more aggressive military stance....

TSMC's 45% Surge Raises the Market's Hurdle

TSMC's 45% Surge Raises the Market's Hurdle
— Margin Notes: 2026-08-10

TSMC reported a 45% rise in sales as demand for advanced AI hardware stayed strong, giving the technology trade something more useful than another optimistic forecast....

Trump's Fed Calls Test 4.67% Credibility

Trump's Fed Calls Test 4.67% Credibility
— Margin Notes: 2026-08-07

Crude oil rose 0.88% to $77.97 as Iran sought limits on US and Israeli shipping through the Strait of Hormuz, leaving the proposed agreement with Oman short of an operating guarantee....