June 2026

Fed’s Barr: Regulatory relief increased big bank profits, not lending

Key insight: As the Trump era banking agenda rolls on, a holdover appointee from the Biden administration says the benefits are not being evenly distributed.  Expert quote: “The share of executive compensation as a share of revenue went up by 18% from last year and the share buybacks are up 66%. That’s not benefiting communities […]

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Treasuries eye biggest loss in two weeks after ADP jobs data

Treasuries headed for their biggest drop in more than two weeks after a gauge of private-sector employment growth was in line with estimates, leaving intact expectations that the Federal Reserve will raise interest rates this year. Processing Content The 10-year note’s yield was nearly five basis points higher on the day at 4.49%, only its

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