Articles tagging "US Federal Reserve": Page 2
The US 10-Year Yield Reclaims 5% and Breaks the Risk-On Spell

The US 10-Year Yield Reclaims 5% and Breaks the Risk-On Spell
— Margin Notes: 2026-09-24

A surge in US 10-year Treasury yields to 5.11% has effectively ended the risk-on honeymoon. The market is no longer trading on the hope of a diplomatic thaw, but on the fear that yields surged above...

Bessent's Thaw Resets the Risk Baseline

Bessent's Thaw Resets the Risk Baseline
— Margin Notes: 2026-09-21

US Treasury Secretary Scott Bessent described recent engagements with China as very successful, providing the risk-on catalyst the market has been hunting for since the US Fed's last hike....

The SEC's Tokenization Pivot Redefines the Risk Baseline

The SEC's Tokenization Pivot Redefines the Risk Baseline
— Margin Notes: 2026-09-18

The US SEC issued guidance to tokenize stocks and rolled out an innovation exemption for tokenized securities venues, effectively building a bridge between traditional finance and the blockchain....

Kevin Warsh’s 25-Basis-Point Line in the Sand

Kevin Warsh’s 25-Basis-Point Line in the Sand
— Margin Notes: 2026-09-17

The US Federal Reserve raised interest rates by 25 basis points, marking the first hike since July 2023 and a direct defiance of President Trump's public demands for a cut....

The Fed's Credibility Trap

The Fed's Credibility Trap
— Margin Notes: 2026-09-16

Wall Street has effectively priced in a rate hike for Wednesday's meeting, leaving US Fed Chair Kevin Warsh in a position where the market is doing his job for him....

Treasuries Turn Inflation Into a Risk-Asset Audit

Treasuries Turn Inflation Into a Risk-Asset Audit
— Margin Notes: 2026-09-15

The US 10-year Treasury yield reached 5.03%, its highest level since 2007, as investors prepared for the US Federal Reserve’s two-day meeting. Treasury yields crossed the five-percent line, and the...

The Treasury Market Reprices the Risk Trade

The Treasury Market Reprices the Risk Trade
— Margin Notes: 2026-09-11

The US 10-year Treasury yield reached 4.95% as a global bond selloff brought the 5% threshold within touching distance. The US bond market pushed borrowing costs toward 5%, and the significance is...

Brent Prices the Cost of Fragile Promises

Brent Prices the Cost of Fragile Promises
— Margin Notes: 2026-09-08

Brent crude rose 2.50% to $98.69 on Tuesday as reports of attacks on Saudi energy sites collided with Iran’s claim that a deal with Oman over the Strait of Hormuz was close....

Brent Turns Every Shock Into a Liquidity Test

Brent Turns Every Shock Into a Liquidity Test
— Margin Notes: 2026-09-07

Brent crude reached $97.30 as Iran and the United States exchanged attacks involving oil tankers, extending a conflict that has now lasted six months. Tanker strikes pushed crude higher as supply...

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....