Liz Capo McCormick

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Recession-Shocked Savers Rein In Rates With A $20 Trillion Hoard

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In the face of the pandemic, consumers and investors are hoarding cash, contributing to persistently low interest rates.

Traders Bet The Fed’s Bond-Buying Binge Has Just Begun

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A spike in coronavirus cases heightens the probability that the Fed will expand its bond buying.

Treasury's Record Cash Pile Is Jerome Powell's $700 Billion Headache

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Swings in the government’s cash on deposit at the Fed have a direct impact on the level of reserves.

Bond Market Flashes Stagflation Alarm After Fed's Gusher Of Cash

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The bond market is sounding the alarm about the flood of cash that policy makers have unleashed to buoy growth.

Specter Of Negative Rates Is Putting Wall Street Bankers On Edge

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U.S. banks want to avoid what's happening to overseas lenders.

Vanguard's $50 Billion Woman Found Winners In Bond-Market Chaos

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As liquidity disappeared in March, the veteran fixed-income portfolio manager saw opportunities.

Ken Griffin's Shutdown Playbook Kept Him On Top Of Markets

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Griffin’s Citadel Securities has kept humming at a record pace as Covid-19 upends finance.

T-Bills Are Scarce And The Shortage Is About To Get Even Worse

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Savers can expect the minuscule yields they’re getting on money market funds to keep shrinking.

Misfired Fed 'Bazooka' Opens Doors To Global Bond Yield Slide

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The Fed's rate cut did little to quell fears about how the coronavirus will impact the global economy.

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