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Bonds
Kathryn Watson

U.S. finally reaches 70% vaccination milestone among adults

Washington — The U.S. has finally reached the Biden administration’s milestone of 70% of American adults having received at least one COVID-19 vaccine shot, nearly a month after President Biden’s original goal of July 4.  As of Monday, the Centers for Disease Control and Prevention

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Monday’s News Links

[Yahoo/Bloomberg] Stocks Rise Amid Earnings Optimism; Dollar Dips: Markets Wrap [Reuters] Dollar resumes downtrend after worst week since May [Yahoo/Bloomberg] Chinese Stocks Jump as Beijing Signals More Economic Support [Yahoo/Bloomberg] Crude Oil Retreats as Investors Weigh Delta, Iranian Tensions [CNBC] Treasury Dept to invoke ‘extraordinary measures’ as Congress misses

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Bonds
Tiffany Wilding

Substantial Further Progress? Not Yet, Says the Fed

The statement and press conference following the July U.S. Federal Open Market Committee (FOMC) meeting reinforced PIMCO’s outlook that in the second half of this year, the FOMC will announce it plans to begin to wind down its large-scale asset purchases. Indeed, the July FOMC

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Bonds
PIMCO

The Race to Net Zero: Challenges and Opportunities

In 2019, the world released over 59 billion metric tons of carbon dioxide equivalent into the atmosphere, adding to the high and rising levels of CO2 already present.Footnote1 These emissions are changing the world’s climate and elevating average temperatures globally, according to a scientific consensus

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