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Taper talk begins, UST 10-year sells off, munis quiet

Taper talk begins, UST 10-year sells off, munis quiet
bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.

U S Economy - Rocky Road To Recovery

ThyBlackMan.com) While the economygenerated 916,000 jobs in March, it only generated 266,000 in April, essentially slowing the previous month’s momentum. Last month, the Biden team was crowing about economic progress, and Republicans were suggesting that so much progress was made that we don’t need the stimulus embodied in the American Families Plan or the American Jobs plan, Biden proposals that will inject $4 trillion into the economy. Republicans say that unemployed people won’t go back to work because they get too much money from unemployment benefits and that there is a “labor shortage”. The Black unemployment rate is 9.7 percent. If there were a labor shortage it would not be that high. 9.8 million people are officially unemployed, and many don’t get unemployment benefits, but if employers think there is a labor shortage, they ought to pay higher wages. Too many are still paying the minimum $7.25 wage, and some maneuver to pay even less. They use tactics that

Munis slightly weaker as FOMC doubles down

Munis slightly weaker as FOMC doubles down
bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.

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