Sometimes No News Is News
The numbers are staggering. Last year Treasury issued $30.5 trillion of securities to fund the...
Beyond the Fed: Why This Week’s Events May Be Less important than You Think
I’m guilty of having spent a good deal of time over the last two...
Kevin Warsh: Behind the Senate Testimony of the Federal Reserve Nominee
Beyond the sound bites from this week’s Senate Banking Committee hearing on the nomination of...
Solid Growth of Investment Assets in 2025 Helped Support State and Local Government Budgets
State and local government investment assets grew at a strong pace in 2025, extending a...
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
Cash and Futures Markets Now Aligned
Around Firmer Monetary Policy
High oil prices, the Iran war, a new Federal Reserve chair, signs that the U.S. economy is expanding at a moderate pace, a strong stock market. . . . Lots of incoming in the past 60 days have aligned short-term markets around an outlook for firmer monetary policy. Investors no longer see easing in the cards. Six-month and one-year futures contracts have backed up significantly, and two-year Treasury rates have flirted with four percent in the past several weeks.
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Insights
Sometimes No News Is News
Beyond the Fed: Why This Week’s Events May Be Less important than You Think
Kevin Warsh: Behind the Senate Testimony of the Federal Reserve Nominee
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