Recent News

“The formal transition from the current Administration to the next one was certified after the close, reducing the noise around all the risks that could...

"Lockdowns are now more possible than they were last week because hospitalizations are increasing at a rate of 2,000 per day. That exceeded people's expectations,"...

The municipal bond market is the financial backbone of three-quarters of the country’s infrastructure, said Abby Urtz, who manages municipal credit strategies...

Complicating all of this is the fact that there's still so much uncertainty about how the federal government might act. Christopher Low, chief economist...

"The 30-year auction was solid," said Jim Vogel, senior rates strategist, at FHN Financial in Memphis. "We had good participation in the face of a 9 basis-point...

"Today's vaccine news provides enormous relief, but the next story chapters are obscure and harder to time," said Jim Vogel, senior rates strategist, at...

Taken together, Friday’s developments helped remove some uncertainty from the market, said Jim Vogel, an interest rates strategist at FHN Financial. But...

Jim Vogel, senior rates strategist, at FHN Financial in Memphis, Tennessee, said greater clarity on the election helped lift yields.

"My sense is traders and investors are increasingly comfortable Republicans will hold the Senate and Democrats will hold the House," Chris Low, chief economist...

"The thinking in the markets ... is it looks like it's divided government regardless of who takes the White House," said Chris Low, chief economist at...

“The Fed has to wait and see what the election brings in terms of fiscal policy before the FOMC can make monetary policy decisions,” said Christopher Low,...

“The timing of these [announcements] has everything to do with market volatility generally,” said Walt Schmidt, mortgage strategist at FHN Financial.

Jim Vogel, executive vice president at FHN Financial, said in a note that Fannie’s results reflect “one of the better bottom lines in recent years,” and...

"The strength of the economy over the summer has been vindicated," said FHN Financial's Chris Low.