The 5-20 year laddered strategy fared better than its benchmark, the Custom 33% Bloomberg 5-10 Year Treasury Index + 67% Bloomberg 10-20 Year Treasury Index, for the quarter.
If all of President Donald Trump's tariffs are implemented, it could create a trade war with back-and-forth retaliatory tariffs, which might raise consumer costs and unemployment rates.
Federal Reserve Bank of San Francisco President Mary Daly said Tuesday that the U.S. central bank, which last paused its rate-cutting cycle, can take its time to assess how economic data has evolved ...