Since the Federal Reserve's two rate cuts and the release of its most recent Summary of Economic Projections (SEP) on September 18, the yield on the U.S. 10-year Treasury note has climbed sharply, increasing by 80 basis points over the past two months, moving from roughly 3.7% to around 4.5%. Wha...

As the U.S. presidential election draws to a close, presidential candidate Donald Trump is virtually confirmed as the 47th President of the United States. Trump secured victory in all key swing states, winning 312 electoral votes and defeating Harris by a substantial margin. Additionally, the Rep...

The Fed Continues to Reduce its Balance Sheet Since June 2022, the Fed has been reducing its balance sheet to limit liquidity in financial markets in response to elevated inflation. Initially, the Fed reduced its monthly reinvestments by $60 billion in U.S. Treasuries and $35 billion in mortgage...

The U.S. CPI showed a slight increase in October, as reported by the U.S. Bureau of Labor Statistics on November 13. The October CPI annual growth rate stood at 2.6%, marking a 0.2 percentage point increase from the previous month, while the month-over-month rate held steady at 0.2%. Core CPI, wh...

聯準會持續縮減資產負債表 自2022年6月以來，聯準會透過縮減資產負債表來限制金融市場的流動性，以應對當時高企的通膨壓力。 聯準會每月停止購買600億美元的美國國債和350億美元的MBS（抵押貸款支持證券），合計縮減950�...