A federal judge on Friday blocked subpoenas that the U.S. Department of Justice (DOJ) served the Federal Reserve in a case involving Jerome Powell’s Congressional testimony on the central bank’s headquarters renovation, concluding the effort appeared designed to “harass and pressure” him to lower in

Just a Bit More Selling to End The Week Nothing much new happened in the bond market today and that's not great because the status quo has been for rising energy prices to push bond yields higher (and stocks lower). The short end of the curve actually improved, but that says more about end-of-week p

Borrower equity fell $78.8 billion, or 0.5%, year over year in Q4, according to Cotality's Home Equity Report. That's an average decrease of $8,500.