News

U.S. Rebuilds Tariff Regime as New Duties Target Canada and Brazil

  • News
Washington is rebuilding its tariff wall through targeted country and sector duties after emergency tariffs faced legal setbacks. New actions against Canada and Brazil raise costs selectively, while proposed levies on dozens of countries point toward a broader, durable regime.

Street Views: Favor Carry, Quality and Intermediate Maturities

  • News
Street Views finds the strongest strategist agreement in carry, quality and intermediate duration. Short and intermediate bonds, securitized credit, loans and selective spread exposure lead, while BDCs, preferreds and REITs remain supporting income sleeves rather than substitutes for fixed income.

Employment Data Show Hiring Is Cooling—Without a Layoff Wave

  • News

ADP’s high-frequency payroll measure weakened for a third week, while unemployment claims fell. The combination points to a slower but still-stable labor market rather than an imminent recession. This week’s employment data delivered a nuanced message: U.S. companies are becoming more cautious about hiring, but they are not broadly cutting

June Producer Prices Fall as Energy Costs Retreat

  • Inflation, News
June’s producer-price decline reinforced signs that inflation cooled before renewed energy volatility. Falling goods and gasoline prices eased pipeline pressure, but rising service costs and elevated annual inflation leave the Federal Reserve cautious about declaring victory too soon on inflation.

Fixed Income ETF Flows:  Fixed Income ETF Investors Rotate Toward High-Quality Income as Credit Leads Monthly Flows

  • Credit, Fixed Income, Investment Grade, News

Investment-grade credit and core bond ETFs continued to dominate investor allocations over the past month, reinforcing the view that investors remain committed to generating income while limiting interest-rate risk rather than making an aggressive duration bet. According to the July 14 ETFFixedIncome.com Fixed Income ETF Universe (FactSet data), the largest

ADP Weekly Hiring Gauge Slows for Third Straight Week

  • News

Private employers continued to add jobs, but the downshift reinforces evidence that labor demand is cooling as inflation pressures ease. U.S. private-sector hiring slowed again in the latest high-frequency ADP report, adding to evidence that the labor market is losing momentum without yet tipping into outright contraction. Private employers added

CPI Recap:  Soft June CPI Offers Inflation Relief, but Producer Costs Keep the Fed’s Job Complicated

  • Inflation, News
June’s CPI surprise showed consumer inflation cooling sharply, but elevated producer prices warn that upstream costs remain unsettled. The divergence reduces near-term Fed tightening risk while leaving open margin pressure, delayed pass-through and a renewed inflation pulse later this year.

ETFFI Street Views: Wall Street Fixed Income Research Scorecard

  • Federal Reserve, News, Research

Key takeaways from our weekly survey of Wall Street strategy reports shows the macro and market setup still favors income over aggressive duration. Treasury yields remain elevated, the labor market is cooling but not breaking, and inflation risk is not low enough to justify a large long-bond bet. Reuters noted

Fixed Income ETFs Continue to Attract Massive Inflows

  • News
ETFs have attracted nearly $400 billion year-to-date
The Hilton BDC Corporate Bond ETF