Latest news with #TiffanyWilding


Wall Street Journal
06-05-2025
- Business
- Wall Street Journal
U.S. Treasury Yields Rise, Curve Steepens
0618 GMT – U.S. Treasury yields extend their rise in the early European trade, pulled by the long end of the curve ahead of the Federal Reserve's meeting outcome on Wednesday. The latest U.S. employment data is constraining the Federal Reserve, and Pimco doesn't expect the Fed to cut rates until later this year, economist Tiffany Wilding says in a note. 'That would come once data shows a concrete slowdown or contraction in the labor market,' she says. The two-year Treasury yield is trading 1 bp higher at 3.845%; the 10-year Treasury yield rises 3 bps to last trade at 4.370%, while the 30-year Treasury yield increases 4 bps to last trade at 4.865%, according to LSEG data. ( 0612 GMT – The long end of the German Bund curve is facing supply pressure from a syndicated tap of the August 2056 Bund, says Commerzbank Research's Christoph Rieger in a note. 'In Bunds, the announcement of the second and final syndication for this year, the 30-year Bund tap, is adding to the ultralong steepening bias,' the head of rates and credit research says. The 10-to-30-year segment of the German government bond curve is hitting its steepest level since 2021, he says, referring to the widening gap between the 10- and 30-year yields. The 10-to-30-year German yield spread is around 46 basis points, according to Tradeweb. Besides the syndicated tap, Germany will also hold a 4.5 billion euro auction for the April 2030 Bobl. (


Bloomberg
02-05-2025
- Business
- Bloomberg
Labor, Inflation Data Will Constrain Fed: Pimco's Wilding
Pimco Economist Tiffany Wilding discusses how the April US employment report and inflation data may impact Federal Reserve monetary policy on "Bloomberg Open Interest." Nonfarm payrolls increased 177,000 last month after the prior two months' advances were revised lower, according to Bureau of Labor Statistics data. The unemployment rate was unchanged at 4.2%. (Source: Bloomberg)


Bloomberg
11-03-2025
- Business
- Bloomberg
How Will A 25% Steel, Aluminum Tariff Impact The US?
Tiffany Wilding, PIMCO Economist, shares her thoughts on the Trump Administration beginning 25% steel and aluminum tariffs starting at midnight and how this will impact the United States. She talks about how these tariffs will make investing into the US more expensive, when we will see the impact of tariffs in the data, and the effect these tariffs could have with the Federal Reserve. Tiffany Wilding speaks with Kailey Leinz and Joe Mathieu on Bloomberg's "Balance of Power." (Source: Bloomberg)