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The Weekly Bottom Line: The Fed's Door is Still Open

The U.S. economic calendar was packed this week with a mix of key data, central bank meetings and even Treasury auction announcements. To start things off, the Treasury announced its financing requirements for the upcoming quarter. In the announcement, issuance is dominated by shorter dated securities (2-7 year), with planned 10-to-30-year range issuance less than most had expected. What’s more, Treasury’s projection that it will slow the recent flood of new long-dated debt, contributed to a rally in the bond market and a pullback in long-term yields. ....

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BOC's Macklem: Low growth, higher rates will impact the government budget

BOC's Macklem: Low growth, higher rates will impact the government budget
forexlive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forexlive.com Daily Mail and Mail on Sunday newspapers.

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