CONSUMER PRICE INDEX Consumer prices posted an 8.5% year-over-year increase through March, its fastest annual pace since December 1981, according to the Bureau of Labor Statistics. Month-over-month, prices rose 1.2%. Energy continues to place the most upward pressure...

TREASURY YIELD INVERSION The yields on the 5-year and 30-year US treasuries inverted on March 28th for the first time since 2006, raising fears of an upcoming recession. The yield on the 5-year note reached 2.56%, while the yield on the 30-year at one point fell as...

The FED Raises Interest Rates For the first time since 2018, The Federal Reserve’s policy-setting committee raised interest rates as they pivot away from recovery-focused accommodations towards a more aggressive fight against persistent domestic inflation. The Federal...