Fed Funds Futures priced in a rate cutting cycle that would ... The index covers USD denominated, taxable bonds that are ...
The dollar edged slightly lower against a basket of currencies, while Bank of America said the prospect of a further loosening in fiscal policy under Donald Trump could extend recent gains, but only ...
Major brokerages including J.P.Morgan, Barclays and Goldman Sachs have forecast a 25-basis-point interest-rate cut by the U.S. Federal Reserve at its November 6-7 meeting. The central bank cut ...
Corporate bond market spreads tightened slightly on Wednesday after Donald Trump's presidential election victory, as the market weighs the pros and cons of his return to the White House.
Bank of America CEO weighed in on the incoming Trump administration and the challenges ahead for the Federal Reserve.
Wealth and investment management revenue climbed 8% to $5.8 billion and saw client balances jump 18% to $4.2 trillion thanks to rising market valuations and client flows.
Bonds markets are reeling from the risk that the Fed won’t cut interest rates as ... A gauge of expected debt-market volatility, called the Ice BofA MOVE index, is now around its highest of ...
BofA's underwriting income jumped 39.7% in the ... as the bank reacted quickly to the Fed' rate cut. "We put ourselves in a good position to grow from here," Borthwick said. Chris Kotowski ...
(Bloomberg) -- Recent elevated rates in funding markets, combined with a lack of bank lending, are fueling concern over lack of plentiful cash in the financial system, according to Bank of America ...
“We are focused more on repo versus fed funds for shifts in funding market dynamics and measures of reserve abundance/ampleness,” Bank of America strategists Mark Cabana and Katie Craig wrote ...
BofA projects a 0.3% rise in nominal personal ... this wouldn’t be an ideal print for the Fed and would likely concern the hawks. But we look for softer figures in 4Q,” economists noted.