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U.S. Productivity, Secret Sauce of Economy, Falls for First Time in Almost Three Years
Powell's stance of "not rushing to cut interest rates" has triggered a rise in U.S. Treasury yields as the market reassesses the Federal Reserve's policy path.
After Federal Reserve Chairman Powell stated that there would be no hasty reduction of borrowing costs, traders reduced their bets on Fed interest rate cuts, leading to an increase in US Treasury yields on Thursday.
Premature Fed Rate Cut Could Push 10-Year Treasury Yields Higher -- Market Talk
Daxin Bank: Maintains a neutral rating on US stocks and expects the Federal Reserve to cut interest rates as early as July or September.
The Federal Reserve remains inactive once again.
Fed Won't Commit on Rate-Cut Path Before Tariff-Pause Ends -- Market Talk
Sibori Investment Management: The Federal Reserve will not cut interest rates until September or later. Bullish on the prospects of high-quality Bonds.
The bank believes that the next possible time window for the Federal Reserve to cut interest rates will be in September, or even later. The Federal Reserve itself expects to cut rates only twice this year, while the market anticipates three cuts.
Treasury Yields Wobble as Fed Reaffirms Its Data Dependence -- Market Talk
March US Consumer Credit Posts Larger-Than-Expected Rebound
Daily Roundup of Key US Economic Data for May 7
U.S. stock market outlook | All three Equity Index futures are up, and the Federal Reserve's interest rate decision is imminent.
On May 7th (Wednesday), in Pre-Market Trading, the three major U.S. equity index futures all rose.
What caused the rapid reversal of the latest sell-off in the USA? Deutsche Bank: The main reasons are policy easing and the economy not entering recession.
Deutsche Bank stated that this round of market reversal is mainly attributed to three points: macroeconomic data shows that the USA economy has not fallen into recession; the decline in oil prices has alleviated inflationary pressures, providing room for potential interest rate cuts. Finally, the policies of the USA government have softened, and the tendency for trade protectionism has weakened.
U.S. stock valuations have reached warning levels again! The market is treading carefully before the Federal Reserve's decision.
The recent rebound in the stock market has caused valuation levels to rise again, and with the Federal Reserve about to announce its MMF policy decision, the market cannot afford any mistakes.
Markets Rattled As Trump Tariffs Overshadow Fed Calm
Bescent warns that the USA is at a "warning line" for debt, but still insists it will not fall into default.
① The U.S. Treasury Secretary Bentsen warned again on Tuesday in response to questions from the House of Representatives that the U.S. Treasury is at the "red line," close to exhausting its ability to stay within the federal debt ceiling; ② However, Bentsen assured once again that the U.S. government would never default on its debt and promised that the Treasury would not use "tricks" to circumvent the debt ceiling.
USA stock market: S&P 500 Index has fallen for two consecutive days, with risk aversion dominating Wall Street on the eve of the Federal Reserve's interest rate decision.
On the eve of the Federal Reserve's interest rate decision, risk aversion dominated Wall Street, leading to a decline in the US stock market. Comments on trade policy by US President Donald Trump failed to alleviate concerns about the economic damage that the trade war could cause.
The USA Treasury's 10-year bond auction was strong, with robust overseas investment demand.
Compared to the almost "zero liquidity" tension during the last 10-year U.S. Treasury auction, the market is clearly much calmer this time. After the auction results were released, U.S. Treasury yields fell sharply. Michael Faulkender, Deputy Secretary of the U.S. Treasury, stated that today's 10-year U.S. Treasury auction was very successful.
Beijing Century claims that the USA is in a "warning stage" regarding the debt ceiling, and the US government will never default.
On Tuesday, the USA Treasury Secretary Yellen reiterated that the USA Treasury is on a "warning track", nearing the limit of its ability to remain within the federal debt ceiling, but he did not provide a specific timeline.
Treasury Yields Fall Ahead of Another Expected Fed Hold -- Market Talk
Daily Roundup of Key US Economic Data for May 6