US Treasury yields shifted dramatically after the Federal Reserve kept interest rates steady, pushing bond traders to pare back their expectations for a hike in September. Processing Content The moves on Wednesday pushed yields on two-year US government notes — which are most sensitive to changes in the Fed’s policy — lower by two basis […]
Treasuries jolted as Fed hold trims September hike bets Read More »
In what is likely its final report as a publicly traded company, Two Harbors Investment will be going out on a profitable note, with GAAP net income of $49.4 million and comprehensive net income of $47.9 million in the second quarter. Processing Content Its acquisition by CrossCountry Mortgage, following a contentious takeover battle with UWM
Two Harbors ends run as a profitable company Read More »
(Bloomberg) — Ahead of the Federal Reserve’s policy decision later Wednesday, bond traders are on edge. While most expect policymakers to leave interest rates unchanged, prominent voices across Wall Street are putting their weight behind a hike in just the second meeting run by new Chairman Kevin Warsh. Processing Content It’s indicative of a new
Citadel Securities’ Fed rate hike call adds to market angst Read More »