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2 weeks ago | 
treasuryandrisk.com | Mia Glass |Justin Sink |Caleb Mutua |Lynn Cavanaugh
In Germany, the 10-year bund at 2.61 percent reflects the prospect of a flood of bond issuance. Photographer: Krisztian Bocsi/Bloomberg. In the first rush for safe havens in years, global investors are finding there are credible alternatives to U.S. Treasury bonds. Your access to unlimited Treasury & Risk content isn’t changing. Once you are an ALM digital member, you’ll receive: Already have an account? Sign In Now *May exclude premium content
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3 weeks ago | 
treasuryandrisk.com | Josh Wingrove |Nazmul Ahasan |Augusta Saraiva |Lynn Cavanaugh
President Donald Trump speaks during a tariff announcement in the Rose Garden of the White House on April 2. Photographer: Kent Nishimura/Bloomberg. President Donald Trump is imposing tariffs on U.S. trading partners worldwide, his biggest assault yet on a global economic system he has long bemoaned as unfair. Trump said today that he will apply a minimum 10 percent tariff on all exporters to the United States.
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3 weeks ago | 
treasuryandrisk.com | Nazmul Ahasan |Augusta Saraiva |Lynn Cavanaugh |Alexandra Semenova
Photographer: David Paul Morris/Bloomberg. Hiring at U.S. companies accelerated last month, rebounding from a weak February marked by severe weather in some regions of the country. In March, private-sector payrolls increased by 155,000, according to ADP Research. That was above all but one estimate in a Bloomberg survey of economists. The gains were driven by professional and business services, financial activities, and manufacturing.
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3 weeks ago | 
treasuryandrisk.com | Augusta Saraiva |Lynn Cavanaugh |Alexandra Semenova
Photographer: Adam Gray/Bloomberg Consumer spending was weaker than expected again in February, while a key inflation metric picked up, in a double whammy for the economy before it even feels the brunt of new tariffs. Inflation-adjusted consumer spending edged up 0.1 percent, on the low end of economists’ estimates, after a slump January that analysts mostly blamed on bad weather.
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4 weeks ago | 
treasuryandrisk.com | Augusta Saraiva |Alexandra Semenova |Mark Niquette |Lynn Cavanaugh
Shoppers in the Soho neighborhood of New York on March 26, 2025. Photographer: Yuki Iwamura/Bloomberg. The U.S. economy expanded at a faster pace in the fourth quarter of 2024 than previously estimated, amid a robust increase in corporate profits. Gross domestic product (GDP) advanced at a 2.4 percent annualized rate in the October-to-December period, according to the third release of the figures from the Bureau of Economic Analysis (BEA).
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4 weeks ago | 
treasuryandrisk.com | Alexandra Semenova |Mark Niquette |Lynn Cavanaugh |Caleb Mutua
Pedestrians in front of the Bank of America Tower in New York. Photographer: Michael Nagle/Bloomberg. As “stagflation” makes its way back into the lexicon of the Wall Street crowd, strategists at Bank of America Corp. (BofA) have a blueprint to navigate the bleak economic landscape.
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4 weeks ago | 
treasuryandrisk.com | Mark Niquette |Lynn Cavanaugh |Caleb Mutua |Olivia Raimonde
Pedestrians in downtown Chicago on May 26, 2024. Photographer: Jamie Kelter Davis/Bloomberg. U.S. consumer confidence has fallen this month to the lowest level in four years on concerns about higher prices and the economic outlook amid the Trump administration’s escalating tariffs. The Conference Board’s gauge of confidence decreased 7.2 points, to 92.9, data released Tuesday showed. The median estimate in a Bloomberg survey of economists called for a reading of 94.
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2 months ago | 
treasuryandrisk.com | Dana Morgan |Mark Niquette |Augusta Saraiva |Lynn Cavanaugh
A shopper looks at egg cartons at a grocery store in New York City on February 12, 2025. Photographer: Yuki Iwamura/Bloomberg. Economists now expect the Federal Reserve’s preferred inflation metric to rise at a brisker pace in the near term, which will prompt policymakers to keep interest rates elevated for longer.
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2 months ago | 
treasuryandrisk.com | Augusta Saraiva |Lynn Cavanaugh |Craig Torres |Katanga Johnson
An attendee places their resume in a drop box at the Albany Job Fair in Latham, New York, on October 2, 2024. Photographer: Angus Mordant/Bloomberg. Today’s report on applications for U.S. unemployment benefits may be the first place to see the effects of the Trump administration’s sweep of the federal workforce. It will just be the start. Initial jobless claims were already on the rise in and around Washington, D.C., and economists have begun bracing for broader impact.
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2 months ago | 
treasuryandrisk.com | Meg Waters |Lynn Cavanaugh |Craig Torres |Katanga Johnson
For the Bristol Myers Squibb (BMS) treasury function, innovation has long been fundamental. Still, after integrating with Celgene in one of the biggest acquisitions in pharmaceutical history, the company’s treasury team needed to regroup. BMS had become significantly more complex, yet treasury needed to be faster and more agile than ever before to meet the future demands of the enterprise.
