Tag: economic performance

Treasury yields edge lower as investors brace for U.S. inflation data

Treasury yields moved slightly lower Monday, with investors awaiting this week’s round of closely watched economic data, including the August consumer-price index reading. What are yields doing? The yield on the 10-year Treasury note TMUBMUSD10Y, 1.323% was at 1.323%, compared with 1.340% at 3 p.m. Eastern on Friday. Yields and debt prices move in opposite […]

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All-Star Johan Santana Selling $6M Florida Mansion, but He Isn’t Moving Far

The pitcher responsible for the first (and only) no-hitter in the history of the New York Mets is longing for a hit with the sale of his southwest Florida home. Now, the 9,121-square-foot home on about a half-acre of lakefront property is on the market for $5,995,000. It offers the ultimate in seclusion. “He had […]

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Fed’s Kaplan expects to support a taper-plan announcement later this month

Dallas Fed President Robert Kaplan said Wednesday he expects to advocate that the Fed announce a plan to slow down its $120 billion per month of asset purchases “sooner rather than later,” despite the disappointing August jobs report. Kaplan, who has been a leading advocate for the tapering, said he wasn’t surprised by the August […]

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The ECB is set to start reducing bond purchases before the Fed. Just don’t call it ‘tapering.’

You probably could’ve won a nice bet if you had wagered the European Central Bank would start reducing its asset purchases before the Federal Reserve would. The economic data doesn’t really lend itself to the notion the ECB needs to start reducing stimulus before the Fed. U.S. inflation was 6.3% year-over-year in July, compared to […]

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