Why the Director of National intelligence is Involved in the Federal Agency Market
It may not be immediately apparent, but President Trump’s naming Bill Pulte Interim Director of...

An Update on Credit
In November we wrote about cracks appearing in credit, cautioning investors that emerging risks could...

Ya Wanna Bet? The Rising Place of Prediction Markets in Investing
Would you go to a betting parlor to invest? Before you answer, consider: Betting on...

Why Five Percent Yield on the 30 Year Treasury is a Big Deal
The yield on the 30-year Treasury bond broke above five percent this week, and it’s...

Dashboard
Yield and portfolio information to help public funds investment officials manage portfolios, monitor markets and benchmark portfolio performance of local government investment pools (LGIPs) and short term portfolios.
Money Market Yields
Fed Easing is No Longer a Central Theme for investors as Possible Fed Tightening Gains Attention

Perhaps it’s an old story today but investors have fully washed Fed easing from their thinking and have begun to incorporate the possibility of tightening late this year or early in 2027. Inflation will not evaporate immediately, even if the Iran war is ended. Capital requirements for artificial intelligence growth will keep the cost of capital–AKA interest rates–high, and the federal deficit overhangs. Do term investments have value at these levels? Depends on whether you believe Fed tightening is in the wings.
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Insights
Why the Director of National intelligence is Involved in the Federal Agency Market
An Update on Credit
Ya Wanna Bet? The Rising Place of Prediction Markets in Investing
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