D. Alexander Capital CIO Discusses Interest Rates and Inflation on TD Ameritrade Network
D. Alexander Capital CIO, Larry Shover, reacts to today’s economic data, the busy week for the Federal Reserve, and what it implies for interest rates in the near term.
"Treasuries were under pressure ahead of today’s economic data. Since the release, I’ve seen a modest extension of the move with limited follow through. From here, the market will continue to prepare for the early-next-week auctions of 10s and 30s with a wary eye on the ongoing bid for risk assets." — Larry Shover, Chief Investment Officer, D. Alexander Capital