In contrast to the widespread view that Treasury yields will jump once the Fed concludes its second round of asset purchases, we think that yields could actually fall. It is even possible that the end...

We had originally expected first-quarter GDP growth to be pretty strong, possibly even as high as 4% at an annualised pace. The more incoming data we see, however, the more we suspect that growth will...

The statement issued after last week's FOMC meeting made it pretty clear that the Fed wouldn't be rushing to tighten policy in response to the recent surge in commodity prices, at least not while core...

Despite the fact that Fed officials now believe the economic recovery is on a "firmer footing" and that surging commodity prices are putting "upward pressure" on headline inflation, it looks like QE2...