The shortest-dated municipal bonds sold off after a blowout jobs report caused investors to recalibrate the odds of another big interest-rate cut from the Federal Reserve. On Friday, yields on ...

The Fed's top priority remains reducing its securities portfolio to combat inflation risks, maintaining a disciplined quantitative tightening approach since March 2022. Despite political pressure to ...

The Fed cut interest rates by a quarter point, as expected, but there were dissents in the final vote. If we look all together, we expect two rate cuts next year, which is one more than the Fed. A ...