Category: Closing Report

Debt ceiling deals trump interest rate hikes! Stocks and everything else breathes a huge sigh of relief that a deal seems to be forthcoming even in the face of more hawkish Fed speak

all about the debt ceiling negotiations, although the FED seem inclined to want to raise rates further if they eventually do come to an agreement

A busy, but totally unproductive day on Capital Hill, that combined with a call for retaliatory measures against China sent stock lower

very quiet rangebound session as we await news from the debt ceiling negotiations for some direction

A slew of hawkish Fed speak caused money markets rates to creep up to a 40% implied June hike while we still await a resolution to the debt ceiling debacle

Good news on the debt ceiling negotiations, which lent to a very risk on tone with the S&P rallying 1.25% and rates taking note of the hawkish sentiment from the Fed speakers to push higher to day too.

Markets were down after hawkish tones from the Fed speakers today while debt limit meeting was productive the two sides are still far apart

Banks had a very strong day but caution remains in the market as we wait in hope that the politicians on Capital Hill can figure out a compromise in the debt ceiling debacle.

Debt ceiling concerns as 1 month Treasury yields break 5.50% & with wild swings in short-term Treasury yields it could further destabilize banks, the longer it takes to reach a debt-limit deal.

ANOTHER 20%+ DROP IN PACWEST BANK ADDS TO THE BANKING WOES BUT AN OVERALL QUIET SESSION