Recent Posts

January 2026 Bond Market Review

December economic data signaled moderating inflation alongside a continued rebalancing in labor market conditions, with price pressures still running modestly

December 2025 – Bond Market Review

The near-term economic outlook continues to be distorted by the data delays from the government shutdown. Recently released government data—reflecting

12/10- Weekly Economic Highlights

Consumer price inflation remained elevated in November, in line with expectations. The Consumer Price Index (CPI) was up 6.8% year-over-year in November, versus up 6.2% year-over-year in October. Core CPI (CPI less food and energy) was up 4.9% year-over-year in November, versus up 4.6% in October. Pricing pressures were widespread in November, with notable gains for energy, food, used cars and trucks, new vehicles, and rent. We project that supply chain bottlenecks will continue to put upward pressure on prices over the near-term but believe that inflation may be at or near a peak and should improve next year amid an improving global health backdrop.

READ MORE