Liz Capo McCormick

Government, Business

First Negative US Yields Get Closer Amid Virus Fallout Fears

Coronavirus A foreign currency dealer works in a dealing room of Hana Bank in Seoul. (SeongJoon Cho/Bloomberg News)

The swirl of fresh coronavirus cases and growing risks to the global economy have some seasoned market strategists warning that U.S. growth could come to a halt this year and some Treasury yields may drop below zero for the first time.

Liz Capo McCormick | Bloomberg News
March 2, 2020
Government, Business

Traders Place Bets on Rate Cut From Fed

Federal Reserve Andrew Harrer/Bloomberg News

Bond traders have a decent record when it comes to nailing the Federal Reserve’s path relative to official guidance. So while Chairman Jerome Powell says the policy rate is “in a good place,” history suggests his next move could align with what futures are showing — a rate cut.

Liz Capo McCormick | Bloomberg News
March 21, 2019