Europe’s politicians are confounding “bond vigilantes,” driving gains in the euro and helping indebted nations fund their budgets, according to Yardeni Research Inc.’s Edward Yardeni , who coined the term in 1983.
President Barack Obama is inciting the wrath of bond investors concerned that his agreement to extend and expand tax cuts will keep the federal deficit at record levels, according to economist Edward Yardeni .
Falling U.S. Treasury yields suggest bond investors lack the optimism shown by economists about the outlook for growth, according to Edward Yardeni , president and chief investment strategist at Yardeni Research.
Prices for industrial raw materials are signaling the global economy will avoid falling back into recession, according to Edward Yardeni , president and chief investment strategist at the research firm bearing his name.
Most U.S. stocks advanced, erasing an early decline, as the House approved a spending bill that will avert a government shutdown and on investors’ optimism about higher-than-estimated corporate earnings.