Blog
Why is the 10-year Treasury Climbing?
Higher long-term rates are becoming one of the biggest stories investors need to watch.The 10-year Treasury yield climbed to about 4.54% today, putting it near its highest level in nearly a year, while the 30-year yield moved above 5%.
Read MoreWholesale Inflation Hits 4-Year High
Wholesale Inflation Just Hit Hard. What It Means for Businesses and Consumers. Producer prices just sent a much louder alarm than most expected. The Producer Price Index rose 1.4% for the month, well above the 0.5% consensus forecast...
Read MoreExamining the Move in 30-year Treasury Bonds
The yield on the 30-year U.S. Treasury bond crossed 5% on Monday, briefly settling near 5.02% before easing slightly. It marked the latest test of a level the long bond has flirted with repeatedly since October 2023, and one few...
Read MoreFitch Sounds Alarm on the U.S. Deficit
Fitch Ratings published a report Thursday identifying the widening U.S. deficit and growing debt load as the primary threat to its U.S. sovereign credit rating, which currently stands at AA+. The agency noted that the U.S. debt burden...
Read MoreFreedom Capital Group at GFOA-PA 2026 Conference
Freedom Capital Group is honored to have been a sponsor at the GFOA-PA Conference 2026.One of the biggest takeaways was the dialogue around fiscal responsibility and the vital role public finance officers play in keeping communities...
Read MoreShow All
Confirmation of Kevin Warsh for Fed Chair Clears Major Hurdle
On Sunday morning, Senator Thom Tillis announced he would end his blockade of Fed Chair nominee Kevin Warsh after the Justice Department dropped its investigation into current Fed Chair Jerome Powell over cost overruns on Federal...
Read MoreRecapping the Weekend Developments in the Iran Conflict
On Friday, following a 10 day ceasefire agreement between Israel and Lebanon, Iran formally declared the Strait of Hormuz open, citing the regional de-escalation as justification for lifting restrictions on maritime traffic. However,...
Read MoreMarch CPI Meets Expectations, but the Hormuz Blockade Threatens April CPI
Last Friday, CPI increased by 0.9% for the month of March, putting the annual CPI rate at 3.3%. This was a significant increase in inflation compared to February, attributed to a 21% increase in gasoline prices because of the Iran War...
Read MoreHow Markets Reacted to Iran-U.S. Ceasefire
With the ceasefire agreement in place between the U.S. and Iran, investors have started to price in relief instead of escalation.The biggest shift has been in oil. As fears of a prolonged supply shock through the Strait of Hormuz eased...
Read MoreFreedom Capital Group at 52nd Annual ECUC Conference
A big thank you to the Education Credit Union Council for hosting the 52nd Annual ECUC Conference!Freedom Capital Group was honored to attend and exhibit at this year's Education Credit Union Council conference, held April 7th–9th in...
Read MoreThe Labor Market Rebounded in March. Inflation Data May Not.
Last Friday's jobs report delivered a stronger-than-expected print, but the economic data doesn't stop there. This week, an equally important piece of economic data will be released, the March Consumer Price Index.The U.S. economy...
Read MoreThe Message the Markets are Sending
The market is sending a pretty clear message right now:A combination of war-related supply fears and stronger-than-expected U.S. economic data is shaping the tone across markets. On the energy side, crude has been the clearest signal....
Read MoreJohn Meany at NCPCU: Navigating the Global Energy Shock and Economic Inflection
Freedom Capital Group's John Meany will be speaking at the National Conference of Postal Credit Unions (NCPCU) on April 13th in Jacksonville, FL. His session, "The Economy: Where We Are and Where Are We Going?", couldn't come at a more...
Read MoreThe Dow and Nasdaq Both Hit Correction Territory
Last week, both the Nasdaq Composite and the Dow Jones Industrial Average officially entered correction territory, having declined more than 10% from their recent highs as markets bear the weight of the escalating Iran war. The Nasdaq...
Read MoreGeopolitical and Energy Volatility in Markets
Today’s market open is another reminder that when geopolitics and energy collide, the entire market feels it immediately.The latest headlines around Iran and President Trump’s decision to extend the negotiation deadline have kept...
Read MoreThe Liquidity Test: Assessing the Impact of Redemptions on Retail Private Credit
Private credit is facing its biggest liquidity test in years, and the cracks are becoming hard to ignore.This week, one of the largest retail private credit funds capped investor withdrawals at 5% after redemption requests hit 11.2% of...
Read MoreDevelopments in the Iran War are Causing Major Market Moves
There have been major developments in the conflict in Iran since Saturday that have contributed to the market volatility being seen Monday morning.On Saturday, with the administration facing rising economic and political pressure from...
Read MoreUnusual Yield Patterns in CDs and US Agencies
At Freedom Capital, we are seeing some CDs and US Agencies yielding less than comparable US Treasuries, a dynamic worth understanding. CDs and US Agencies typically carry slightly more credit risk than Treasuries, so conventional...
Read MoreThe Fed’s March Stance: Steady Rates, Shifting Dots, and a High Bar for Cuts
The Federal Reserve held interest rates steady today at a range of 3.5% to 3.75%, as expected, in an 11-1 vote at the conclusion of its March FOMC meeting. While the decision itself was no surprise, the details underneath the surface...
Read MoreNew Section 301 Probes May Signal a Return of Tariffs
The Trump administration has launched a series of new trade investigations under Section 301 of the Trade Act of 1974 after the Supreme Court struck down its original approach to implement tariffs. The high court ruled that the...
Read MoreReality Check: The U.S. Economy Hits a Q4 Speed Bump
This morning, the Bureau of Economic Analysis released its second estimate for Q4 2025 GDP, and the number was not what anyone was hoping for.The U.S. economy grew at just 0.7% in the fourth quarter of last year. That is down sharply...
Read MoreFebruary CPI: Inflation Holds Steady Above Target
The February 2026 CPI report, released this morning, showed inflation holding above the Federal Reserve's target, with markets sending mixed signals about what comes next.The CPI rose 0.3% on a monthly basis in February, with the...
Read MoreWhat’s Going on in the Treasury Market
US Treasuries have begun to sell off just after posting their biggest monthly gain in a year, with yields up more than 20 basis points since the beginning of March. Conventional wisdom would suggest that US Treasuries would continue to...
Read MoreHow the Iran Conflict is Impacting Oil Markets
Following strikes on Iran, a major military conflict has erupted in the Middle East that is fundamentally reshaping global energy markets, creating what could be a severe energy crisis.WTI Crude and Brent have surged to 52 week highs...
Read MoreKOSPI at a Crossroads: Valuation vs. Volatility in a New Geopolitical Era
South Korea's KOSPI suffered its worst two-day selloff since 2008, plunging 7.2% on Tuesday and another 12% on Wednesday, marking its steepest single-day drop in history. Circuit breakers were triggered, halting trading for 20 minutes....
Read MoreWhat Drove the US Treasury Rally in February
US Treasuries wrapped up their monthly biggest rally in a year. The benchmark 10-year yield broke below 4% to its lowest level since October, while the 30-year slipped to 4.63%. Several interconnected forces drove this surge in bond...
Read MoreHow Geopolitical Tensions Impact Global Markets
Rising geopolitical tensions recently contributed to increased volatility across global markets, with energy prices climbing and equity indices reacting to shifting risk sentiment. The moves sparked broader discussion among investors...
Read MoreUnderstanding Liquidity Risk in Private Credit
A large private credit manager recently came under scrutiny within the rapidly growing private credit space after announcing changes to redemption mechanics in one of its retail-focused private debt funds and pursuing asset sales to...
Read MoreSupreme Court Rules Against President Trump’s IEEPA Tariffs
Last Friday, the Supreme Court ruled against President Donald Trump’s use of the International Emergency Economic Powers Act (IEEPA) of 1977 to impose sweeping tariffs, invalidating the "Liberation Day" reciprocal tariffs and other...
Read MoreBasel III Could See New Mortgage Capital Requirements
The Federal Reserve is moving closer to releasing its revised Basel III Endgame proposal, and the mortgage market could look very different as a result. Basel III is a global framework, developed after the 2008 financial crisis,...
Read MoreU.S. Inflation Eases in January: Key Takeaways from the Latest CPI Data
This week, the U.S. Bureau of Labor Statistics released the January 2026 Consumer Price Index (CPI) report, showing that U.S. consumer prices rose 2.4% year-over-year, a deceleration from December and softer than many forecasts had...
Read MoreJanuary 2026 Jobs Report: Resilience Defies Expectations
This week, the U.S. Bureau of Labor Statistics released the January 2026 jobs report, showing that employers added approximately 130,000 jobs, a notable acceleration from recent months and stronger than many forecasts had anticipated....
Read MoreUnderstanding Market-Linked CDs: What Investors Should Know
Market-linked certificates of deposit represent a hybrid investment that combines the principal protection of traditional CDs with returns tied to market index performance. As these products are not as well-known as stocks or bonds,...
Read MoreCredit Spreads Near Historical Lows Despite Supply Surge
Credit spreads—the extra yield investors demand for holding corporate bonds over U.S. Treasuries—have tightened to around 75 basis points, levels not seen since 1998. This metric serves as a key indicator of market confidence, with...
Read MoreU.S. Treasury Maintains Auction Sizes in February 2026 Refunding Announcement
This week, the U.S. Treasury released its quarterly refunding announcement, outlining plans to auction approximately $125 billion in Treasuries over the February–April period. Importantly, the Treasury kept auction sizes for...
Read MoreFed Hits Pause: Recapping Last Week’s FOMC Meeting
Last week, the Federal Reserve held the federal funds rate steady at 3.5-3.75% in a 10-2 vote, breaking a three-meeting cutting streak. Governor’s Stephen Miran and Christopher Waller dissented, arguing for a 25 basis point rate cut....
Read MoreKevin Warsh’s Fed Chair Nomination Signals a Shift in Monetary Leadership
Former Federal Reserve Governor Kevin Warsh was nominated by President Donald Trump to be the next Chair of the Federal Reserve, a move that could shape the direction of U.S. monetary policy once his Senate confirmation is complete and...
Read MoreConsumer Confidence Hits a Decade Low
U.S. consumer confidence slumped sharply in January, falling to 84.5 on The Conference Board’s Consumer Confidence Index, the lowest reading since May 2014 and a 9.7-point drop from December’s revised 94.2.Despite resilient GDP growth...
Read MoreJapan's Bond Market Turmoil: A Warning for Global Fiscal Policy
Japanese government bonds saw a major price shift last week, with long-term yields reaching historic levels as the 40-year JGB climbed nearly 30 basis points. The market adjustment extended beyond Japan's borders, influencing U.S....
Read MoreTariffs as Leverage: How Geopolitical Tensions Are Reshaping Market Risk in 2026
As markets move through early 2026, investors are weighing the implications of a major geopolitical and trade development that has introduced fresh uncertainty to global economic conditions. President Donald Trump has threatened to...
Read MorePresident Donald Trump Calls for 10% Credit Card Interest Rate Cap
President Donald Trump recently called for a one-year cap on credit card interest rates at 10%. With the current average rate around 20%, this proposal could significantly impact both consumers and the financial industry.The potential...
Read MoreA $200 Billion Mandate: The GSE Move to Lower Mortgage Rates
As markets move into early 2026, investors are closely watching a notable policy action aimed at the housing market. President Donald Trump has directed Fannie Mae and Freddie Mac to purchase up to $200 billion in mortgage-backed...
Read MoreThe Administration Takes Aim at Wall Street Landlords
In a major move to address the nation’s housing crisis, President Trump has announced he would move to ban large institutional investors from purchasing single-family homes, pledging to ask Congress to codify the restriction into law....
Read MorePennsylvania Bankers Trust and Wealth Management Conference
What an incredible experience at the Pennsylvania Trust and Wealth Management Conference! A huge thank you to the organizers and attendees for welcoming Freedom Capital earlier this week for and creating such an engaging environment...
Read MoreGovernment Shutdown 2025
As the U.S. government enters a shutdown, the ripple effects extend far beyond Washington. At Freedom Capital, we see this moment as both a challenge and a reminder of our responsibility to help clients navigate uncertainty. When...
Read MoreFlorida Bankers Association Trust and Wealth Management Conference
Thank you to the Florida Bankers Association for hosting an outstanding Trust & Wealth Management Conference! Our team at Freedom Capital enjoyed connecting with so many dedicated professionals and industry leaders such as Carlos...
Read MorePennsylvania Municipal Authorities Association Annual Conference
Earlier this month, Freedom Capital Group was honored to attend and exhibit at the Pennsylvania Municipal Authorities Association Annual Conference and Trade Show in Bethlehem, PA. We are grateful for the opportunity to take part in...
Read MoreFed Monitor Dashboard
As we enter the next phase of the expansion, we try to quantify metrics the Federal Reserve uses to gauge the health of the economy. Here is Cetera Investment Management’s latest Fed-O-Meter used to determine if the Fed is being more...
Read More