Today’s CPI report showed a year-over-year increase of 6.4% for the all-items index, before seasonal adjustment. This comes in slightly higher than market expectations, but it is still a decline from last month (6.5% in December) and continues the trend downward since the peak in June. However, the shelter subcomponent...
Bond Basics: Brokered CDs
Previous editions of Bond Basics served as an introduction or re-introduction to a market that may have been ignored more recently due to the extended period of historically low interest rates. While acknowledging the rapid rise in rates was painful in a variety of ways, we concluded with reasons for...