Join us for an evening of amazing and transcendental music by Laura Schwendinger, Professor of Composition at UW Madison, on September 5, 7:30 at the Hamel Music Hall.
Based on Cleveland Fed nowcasts:
From the EIA:
The pressure is impacting long-dated bonds around the world, due to the same concerns about the oil-driven inflation shock and government spending. Germany’s 30-year yields touched the highest since 2011, and the equivalent UK rate rose to a level last seen in 1998. Australian peers set a fresh record high in data going back to 2016, while the yield on a Bloomberg index of global sovereign bonds climbed the highest in almost two decades.
On the run, at noon CT:
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How’s it going? 10 year yields are up relative to Friday. Indeed, after initial progress in lowering long rates, pretty much the entire yield curve is now up.
Apropos of nothing except current (financial system) events (Fall teaching), some pictures to elicit thoughts.
Preliminary benchmark revision based on QCEW data, released today:
From NIPA accounts:
From Census via ITA: