Countless Americans Plunge Into Despair As Hunger Spreads Like Wildfire All Across America
Food stamp benefits had been enhanced for many Americans during the pandemic, but now that emergency program is coming to an end.
US Treasury 10Y-2Y Yield Curve Inverts Near Lowest Since 1981, Credit/Equity Spread Turns Positive
As inflation remains persist (thanks to endless Fed stimulus and endless Federal spending splurges), we are seeing The Federal Reserve finally withdrawing the monetary stimulus (tightening the monetary noose). And with it, the US Treasury yield curve (10Y-2Y) goes down with it.
The Hidden Message in Credit Spreads: Bloomberg
The credit market looks alarmingly tight given the outlook of rising interest rates and recession fears. But there are reasons for this.
Live: Fed Chair Jerome Powell Testifies Before Senate Banking Committee 10:00AM ET - 3/7/23
Senate Banking Committee questions Federal Reserve Chairman Jerome Powell about the economy, interest rates, and inflation.
Gold Eases as Traders Wait for Fed Chair to Take Center Stage
Gold nudged lower as traders awaited comments from Federal Reserve Chair Jerome Powell for clues on the outlook for US interest rates.