Cardillo’s Corner

May 6, 2022

Wall Street continues to slide, not inspired by US employment figures

The New York Stock Exchange continued its tumble on Friday the day after its worst session since 2020, in a market uninspired by a mixed US […]
May 6, 2022

INSTANT VIEW 2-US April payrolls rise more than expected, wage rises cool

NEW YORK, May 6 (Reuters) – U.S. job growth increased more than expected in April, underscoring the economy’s strong fundamentals despite a contraction in gross domestic product in […]
May 6, 2022

Dow as of 5/5/2022

Treasury yields snap back from two days of losses, with the 10-year rising 0.152 percentage point to 3.066%, its highest closing since November 2018. Year-to-date the […]
May 5, 2022

Treasurys Sell Off Ahead of Key Fed Decisions

Treasury yields rise across maturities ahead of a highly expected 50-basis point rate increase by the Fed. The 10-year rises to 2.975% from 2.957%. Spartan’s Peter […]
May 5, 2022

Fed Rate Hike Impact: Big Selloff On Wall Street | Market & Economy Update | Jerome Powell | ET Now

The US Federal Reserve hiked rates by 50 basis points on the 4th of May— the biggest hike in two decades. Chair Jerome Powell announced plans […]
May 5, 2022

Fed hikes 50 bp as expected, unveils balance sheet reductions

By Syndicated Content May 4, 2022 | 2:27 PM NEW YORK (Reuters) – The Federal Reserve on Wednesday raised its benchmark overnight interest rate by half […]
May 4, 2022

CNBC Interview 5/4/22

May 3, 2022

Long-Term Treasury Yields Lose Steam

The long-duration Treasury selloff takes a break, sending the 10-year yield down to 2.953% from Monday’s 2.995%. The two-year, in turn, rises to 2.744% from 2.729%. […]
May 3, 2022

CNBC Interview 5/3/22