A wide disconnect between investors and the Fed
Markets expect the Fed to be much less hawkish than Fed policymakers do. This week’s chart looks at how the disconnect could drive volatility.
Negative productivity complicates the Fed’s path
Though CPI moderated in July, this week’s chart looks at negative productivity trends that could exaggerate wage pressures and complicate the Fed’s job.
Inflation to stick with us for a while longer?
This week’s chart looks at the makeup of inflation this year, noting it has become a stickier problem in recent months.
Unrelenting inflation has exaggerated rate volatility
This week’s chart looks at daily yield changes on 2-year and 10-year Treasury yields as rate volatility in 2022 has dwarfed that of last year.
Global fixed income falters amid sustained inflation
This week’s chart looks at the global rate environment, highlighting its impact on U.S. and global core fixed income returns.
A battle emerges between sentiment and earnings
Eroding sentiment has driven markets down, yet fundamentals remain firm. This week’s chart looks at the divergence, why it could drive volatility.
