Why Are U.S. Treasury Yields Falling Lately as Economic Conditions are Recovering? 

U.S. treasury rates continue to baffle investors. The 10-year yield tends to be one of the most frequently-estimated yet difficult-to-predict data points in the investment landscape. In addition to commercial lending rates, its importance is hinged on it being the general base rate for 30-year fixed residential mortgages. Normally, interest…

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What Seems to be Going on With Labor Market Data, at Least in Terms of its Underperformance Compared to Expectations? 

Both private economists and public officials have shared a variety of opinions about remaining issues weighing on the jobs recovery. The arguments seem to be focused on a few key areas. Some are easier to rectify in the short term than others. (1)   Continued Covid-based concerns over either workplace environments or…

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