Fed Approves Columbia Bank Deal — Another Sign Credit Markets Are Healing
According to the Federal Reserve, the central bank approved applications for Columbia Bank MHC and Columbia Financial to proceed with their corporate restructuring.
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Treasury Curve Quietly Flattening as Oil Shock Reverberates
The 10-year minus 2-year Treasury spread ticked down to 0.48% Thursday, continuing a subtle but steady flattening trend that’s dropped the curve 6 basis points over the past week. While still safely p
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Fed Funds Rate Inches Lower as Energy Crisis Shifts Policy Calculus
The effective federal funds rate ticked down to 3.63% yesterday from 3.64%, a tiny move that signals something bigger: the Fed’s tight grip on monetary policy is starting to show hairline cracks as th
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The Economy’s Split Screen: Strong Data Meets Energy Reality
The US economy delivered another week of puzzling contradictions — robust productivity, steady job creation, and cooling bond yields playing against the backdrop of a global energy crisis that’s reshaping everything. This wasn’t just mixed signals. I
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Fed’s Rate Cut Window May Be Closing Faster Than Expected
What Happened: According to CNBC Economy, Friday’s jobs report is strengthening the case that the Federal Reserve’s primary concern has shifted from supporting growth to managing an increasingly burde
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Wages Are Rising, But Barely Beating Historical Averages
The puzzle: Average hourly earnings climbed 0.16% in April to $37.41, marking the fourth straight month of steady but unspectacular wage growth. The annual pace of 2.89% sits right in that sweet spot
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Job Growth Stumbles to Anemic 115K in April
The US economy added just 115,000 jobs in April — the weakest pace since December and a concerning deceleration from March’s 185,000 gain. That’s barely half the 200,000+ monthly average needed to kee
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The economic data is telling two stories at once, and neither one makes compl…
The economic data is telling two stories at once, and neither one makes complete sense. Productivity is surging despite an energy crisis, jobless claims are rising in a tight labor market, and bond yi
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The Morning Bell — May 08, 2026
The energy crisis that was supposed to break everything is starting to crack in unexpected ways. While oil retreats and bond yields drop, the real damage is showing up where it hurts most — in corpora
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Oil’s $95 Reality Check: Energy Crisis Gets Comfortable
Markets are settling into an uncomfortable new normal this Friday morning. Oil holding steady near $95 signals traders have stopped betting on a quick Hormuz resolution — and started pricing in a prolonged energy shock. The question isn’t whether thi
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Economic Wire: CoreWeave stock sinks 10% on weak revenue guidance, increase
According to CNBC, CoreWeave stock tumbled 10% after the cloud computing company delivered weak revenue guidance and projected higher capital spending, even as S&P upgraded its credit rating.
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The Yield Curve’s Quiet Comeback: Recession Signal Fades as Treasury Spreads Stabilize
The 10-year minus 2-year Treasury spread held steady at 0.49% this week, marking its most stable stretch since the energy crisis began. After months of wild swings driven by oil-shock inflation fears,
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10-Year Treasury Yield Drops to 4.36% as Bond Rally Gains Steam
The 10-year Treasury yield fell 7 basis points to 4.36% yesterday, extending a modest rally that’s pushed yields down from last week’s 4.45% peak. That’s the lowest close since early May, with bonds f
