December 12, 2022 | Daily Business Review
Federal Reserve's Message Clashes With 2023 Rate-Cut BetsFederal 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 OnceFrom 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 EndsThe 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 PlanTen-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 AlarmFederal 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 AnxietyThe 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 recordBy Daniel Kruger and Liz Capo McCormick
8 minute read