Green muni bonds accounted for 56% of US green bond issuances in the first half of 2017 and are expected to touch $10 billion this year.
Over the last ten years, the green bonds (GRNB) universe has expanded and diversified, holding 600 bonds from 24 countries in 23 currencies.
It is estimated that $93 trillion of infrastructure investment is needed in the next 15 years to transition to a low-carbon economy.
At 5:00 AM EST on November 7, 2017, the US Dollar Index was trading at 95.05—a gain of 0.4%.
After gaining for two consecutive trading weeks, the US Dollar Index started this week on a weaker note. The US Dollar Index opened Friday on a stable note.
Given that markets remain focused on the next Fed chair appointment and US tax reforms, volatility (VXX) could be low after the October jobs report.
In a speech at the 2017 Herbert Stein Memorial Lecture, Fed Chair Janet Yellen shared her thoughts on monetary policy for the future and discussed whether there will be any role for unconventional policy again.
Fed Chair Janet Yellen, in her speech at the 2017 Herbert Stein Memorial Lecture, offered some more insight into the Fed’s balance sheet reducing strategy.
US Federal Reserve Chair Janet Yellen, in her speech at the 2017 Herbert Stein Memorial Lecture, explained the challenges that faced the US Fed when it wanted to scale back its monetary accommodation from QE1, 2, and 3.
In her speech at the 2017 Herbert Stein Memorial Lecture, Fed Chair Janet Yellen explained the tools that were used by the Fed to combat the economic slowdown in the aftermath of the 2007 financial crisis.
It has been almost a decade since the onset of the worst financial crisis after the Great Depression, and the US Fed has embarked on a monetary path it has never taken before.
Economic growth has picked up in recent quarters. According to data from Eurostat, the European economy (VGK) grew 2.3% in the recent quarter.
The US Federal Open Market Committee (or FOMC) is expected to leave rates unchanged and maintain the Fed funds range at 1.0% to 1.25% at its November meeting.
The US bond markets (BND) continued to struggle and posted another negative close for the week ending October 27.
With improved market sentiment, the US Dollar Index is trading with strength at three-month high price levels in the early hours.
The US Dollar Index started Thursday on a stable note and traded with mixed sentiment in the early hours.
After regaining strength last week, the US dollar started this week on a stronger note and rose in the first two trading days of the week.
The US Fed has amassed a huge number of fixed income (BND) securities as part of its quantitative easing (or QE) programs 1, 2, and 3.
Atlanta Federal Reserve president and CEO, Raphael Bostic, recently spoke at a conference about the Fed’s balance sheet normalization program.
The US Dollar Index regained strength last week by rising in three out of five trading days. This week, the US Dollar Index started on a stronger note.