Sunday 31 January 2016

US Bond Market Week in Review: Did the Fed Make a Mistake, Edition?

     Did the Fed make a mistake when it raised rates last month?  Obviously, we won’t know until we see more data.  While the economic numbers through December confirmed the Fed’s decision, post January 1 data has been troubling.  Retail sales are weak, industrial production is stalling, the leading economic indicators declined .2% and the coincident numbers are rising at a slower pace.  An article by Peter Coy of Bloomberg explains both sides.  The bea



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