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Category: Capital and Risk


Capital and Risk, Macroeconomic

Bank of America CEO Brian Moynihan says U.S. economy starting to ‘come out of the hole’

May 28, 2020

Via: CNBC

The U.S. economy is beginning to recover from shutdowns tied to the coronavirus pandemic, Bank of America CEO Brian Moynihan told CNBC on Thursday. Moynihan cited consumer spending figures from the millions of households using his lender’s credit and debit […]


Capital and Risk, Macroeconomic

Consumer confidence rises unexpectedly in May as economy reopens

May 26, 2020

Via: CNBC

Consumer confidence unexpectedly improved in May as the U.S. economy slowly restarted, according to data released Tuesday by the Conference Board. The Conference Board’s consumer confidence index rose to 86.6 this month from 85.7 in April. Economists polled by Dow […]


Capital and Risk, Liquidity

Treasury yields rise as global stock markets rally

May 18, 2020

Via: Market Watch

U.S. Treasury yields rose Monday, following global equity markets higher, after Federal Reserve Chairman Jerome Powell said the central bank still had tools to fight the recession. Reports of early success from an experimental coronavirus vaccine also added to selling […]


Capital and Risk, Liquidity

Treasury yields fall after retail spending drops the most on record amid pandemic

May 15, 2020

Via: CNBC

U.S. government debt yields moved lower Friday as investors digested more somber economic data. The yield on the benchmark 10-year Treasury note fell 2 basis points to 0.595% while the yield on the 30-year Treasury bond also declined 4 basis […]


Capital and Risk, Macroeconomic

Weekly jobless claims total 2.981 million, bringing coronavirus tally to 36.5 million

May 14, 2020

Via: CNBC

New filings for unemployment claims totaled just shy of 3 million for the most recent reporting period, a number that while still high declined for the sixth straight week, according to Labor Department figures Thursday. The total 2.981 million new […]


Capital and Risk, Liquidity

Powell says the Federal Reserve is not considering negative interest rates

May 13, 2020

Via: CNBC

Even as it has pulled out all the policy stops during the coronavirus crisis, Federal Reserve Chairman Jerome Powell said one area it won’t be going is negative interest rates. “I know there are fans of the policy, but for […]


Capital and Risk, Liquidity

The Fed is starting its program to purchase corporate bond ETFs

May 12, 2020

Via: CNBC

The Federal Reserve will be starting its long-awaited corporate bond program Tuesday amid a boom in debt issuance. The central bank will kick off its Secondary Market Corporate Credit Facility, which is part of a history-making initiative in which it […]


Capital and Risk, Macroeconomic

Fed’s Mester warns reopening must be done ‘very carefully’ to avoid going backwards

May 8, 2020

Via: Market Watch

Reopening the U.S. economy should be handled cautiously to avoid a second lockdown, said Cleveland Fed President Loretta Mester on Friday. “There’s a possibility of opening up in the second half of the year, but it has to be done […]


Capital and Risk, Liquidity

Covid-19: A Driver for a New Era of Credit Risk and Rating Systems

May 7, 2020

Via: Finextra

The emergence of Covid-19 in Wuhan, China last December began a prolonged assault on the most important areas of our lives – our health and our financial wellbeing. Both are intrinsically linked, as we appreciate all too well these days […]


Capital and Risk, Credit

Small business loans are not going proportionately to the hardest-hit areas, Fed study shows

May 6, 2020

Via: CNBC

States enduring the brunt of the coronavirus crisis are receiving a smaller proportion of emergency small business loans than some Mountain and Midwest states, according to analysis conducted by the Federal Reserve. “In New York, the epicenter of the coronavirus […]