On Investing

Liz Ann Sonders and Collin Martin react to the Federal Reserve’s decision to hold rates steady, which included two dissents in favor of a hike and Chair Kevin Warsh’s continued concern about inflation. While the Fed emphasized patience and the need for more data, the market response was mixed: Short-term Treasury yields fell, longer-term yields rose, and equities swung as inv...

Liz Ann Sonders and Collin Martin examine the sharp swings in Treasury yields, what stubborn inflation could mean for Fed policy, and why bonds can still provide income and diversification even as rates remain elevated. They also dig beneath the surface of earnings season, where concerns about AI spending and debt-financed investment are putting a premium on profitability, ba...

Liz Ann Sonders and Collin Martin open with the latest inflation data, where a hotter-than-expected core CPI reading raises questions about the Federal Reserve’s next moves. They discuss the broadening of inflation pressures, the jump in Treasury yields, and why investors may need to remain focused on quality as higher rates pressure more interest-rate-sensitive companies. Li...

This week’s episode connects two of the biggest themes driving markets today: rising bond yields and a rapidly evolving labor market.

Collin Martin and Liz Ann Sonders discuss why higher Treasury yields matter far beyond the bond market. They explain how rising yields affect mortgage rates, borrowing costs, housing affordability, and stock market leadership. While highe...