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Posted in Federal Reserve Investing Issuers Underwriting

Citi Forecasts 1% 10Y MMD. Buyers’ Regret For Issuers Biting Taxable Refunding Apple?

December 17, 2019 – After many years of analysts forecasting higher interest rates, Wall Street firms are taking a contrarian…

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Posted in Broker-Dealer ESG Federal Reserve Uncategorized Underwriting

Regulator Rebukes Wells Fargo (Again!). Bank Fired and Blacklisted Thousands of Low-Level Employees

December 4, 2019 – In an exclusive, the Wall Street Journal reported that the Office of the Comptroller of the…

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Posted in Economy Federal Reserve Markets Rates

GS/MS: Yesterday’s Fed Cut May Be Final Cut For A While

October 31, 2019 – Two major dealers – Goldman Sachs and Morgan Stanley – issued reports concluding yesterday’s FOMC 25bp…

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Posted in Federal Reserve Investment Banking Issuers NYC Underwriting

Fed Chair Powell: Wells Fargo Governance Still Unsatisfactory. Banned From Underwriting NYC Bonds.

July 31, 2019 – Two words – “mid-cycle adjustment” – from the Federal Reserve rocked markets on Wednesday. But at…

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Posted in Economy Federal Reserve Markets Opinion

El-Erian: U.S. Federal Reserve Should Not Deliver a Big Rate Cut

July 19, 2019 – In an Op-Ed posted on Bloomberg today, former CEO of PIMCO Mohamed El-Erian expressed concerns on…

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Posted in Federal Reserve Global Economy Investing Markets Trade

[WSJ] A 10-Year Treasury Yield Below 2% Is Something Almost Nobody Saw Coming

June 20, 2019 – The Wall Street Journal reported today that investors and other experts in the financial industry were…

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Posted in Federal Reserve Rates Trade

[IFR Markets] Could Trump Be Setting A Trap?

On Thursday, IFR Markets’ Duncan Balsbaugh hypothesized that President Donald Trump could be setting a trap for the Federal Reserve,…