Liz Capo Mccormick

Liz Capo Mccormick

December 12, 2022 | Daily Business Review

Federal Reserve's Message Clashes With 2023 Rate-Cut Bets

Federal Reserve Chair Jerome Powell has history on his side as he and colleagues split with Wall Street over how long interest rates will stay high in 2023.

By Craig Torres and Liz Capo McCormick

6 minute read

October 10, 2022 | Daily Business Review

The Most Powerful Buyers in Treasuries Are All Bailing at Once

From Japanese pensions and life insurers to foreign governments and U.S. commercial banks, where once they were lining up to get their hands on U.S. government debt, most have now stepped away.

By Liz Capo McCormick, Garfield Reynolds and Michael MacKenzie

7 minute read

July 27, 2022 | Daily Business Review

Corporate America Embraces Short-Term IOUs as Free Money Ends

The total amount of these IOUs outstanding has mushroomed to nearly $1.2 trillion this year, up more than 20% from its lows in 2020, with computing giant Apple Inc. and pipeline-owner Kinder Morgan Inc. among those that have been dipping more into the market.

By Alexandra Harris, Liz Capo McCormick and Jack Pitcher

6 minute read

May 26, 2022 | Daily Business Review

Treasuries Tread Uncertain Path Amid Fed's Bond Runoff Plan

Ten-year Treasury yields were around 2.75% Wednesday, up from 1.51% at the end of last year, and earlier this month reached as high as 3.20%, a level unseen since 2018.

By Liz Capo McCormick, Alexandra Harris and Charles Williams

5 minute read

March 17, 2022 | Daily Business Review

Bond Traders Stunned by Hawkish Fed Sound Growth Alarm

Federal Reserve chair Jerome Powell downplayed the risk of a U.S. recession next year while stating monetary policy can tighten without sacrificing economic growth.

By Michael MacKenzie and Liz Capo McCormick

4 minute read

July 09, 2014 | Daily Business Review

Failures In $1.6 Trillion Repo Market Causes Bond Anxiety

The Federal Reserve's bond purchases combined with demand from banks to meet tightened regulatory requirements is making it harder for traders in the market for repurchase agreements.

By Liz Capo McCormick

5 minute read

February 16, 2011 | Daily Report Online

Geithner: Debt expense to increase to record

By Daniel Kruger and Liz Capo McCormick

8 minute read