New Whitepaper: Commercial Paper Overview
Commercial paper (CP) is a high-quality, short-term credit instrument used in money market funds and local government investment pools (LGIP)
Fed Holds Steady as Strong Economic Data Supports Six-Month Market Outlook
June 26, 2026 Resilient economic data releases over the past two weeks and the output from the June 17th
June 2026 Monthly Bond Market Review
The Iran conflict continues to influence global markets, with Brent crude peaking in late April before easing in May on
Strong Jobs, Cooling Inflation
May 29, 2026 Constructive comments from the White House on a continuation of the cease fire with Iran supported moderately lower Treasury
New Whitepaper – GASB 79: Origin and Purpose
Following the 2008–09 financial crisis, the SEC implemented significant reforms to Rule 2a-7 governing money market funds, including floating net
Markets Digest Divided Fed Minutes
May 22, 2026 The minutes from the April 29 Federal Open Market Committee (FOMC) meeting were released Wednesday, confirming what
May 2026 Monthly Bond Market Review
Recent economic data point to renewed inflationary pressure stemming from the conflict in the Middle East, while labor market conditions
Inflation Surges, Markets Stay Resilient
May 15, 2026 Kevin Warsh was finally confirmed by the Senate as the new chair of the Federal Reserve this
The Conference Board’s Leading Economic Index (LEI) jumped 1.6% month-over-month in April (stronger than the 1.2% consensus forecast), following a 1.3% increase in March. On a year-over-year basis, the LEI was up 17.0% in April against a severe decline in the index in April last year. The LEI has now fully recovered and surpassed its previous prepandemic peak in January 2020. According to the Conference Board, the index suggests that economic growth may accelerate in the near term.