News Aggregation

News Aggregation

Thune: Trump’s targeting of Senate parliamentarian is ‘concerning’

Senate Majority Leader John Thune (R-S.D.) said that President Trump’s harsh attacks on Senate Parliamentarian Elizabeth MacDonough are “concerning” if those salvos could make the Senate rules-keeper a political target and pose a security risk. Thune dismissed Trump’s call for Senate Republicans to fire the parliamentarian, whom then-Senate Majority Leader Harry Reid (D-Nev.) appointed in…

News Aggregation

The Change in 10 Year Yields: Up, Up and Away

Treasurys and TIPS, 70 and 46 bps respectively. Figure 1: Change since 2/27 in 10 year Treasury yield (blue), TIPS (dark red), expected real yields (light red), all in %. Source: Treasury via FRED, Federal Reserve, and author’s calculations. As of 4/30, the estimated increase in TIPS (22 bps) due to higher future expected real rates was 15 bps.  

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