Connect with us

San Diego, CA

Treasury yields rise as investors await Fed meeting minutes, key data

Published

on

Treasury yields rise as investors await Fed meeting minutes, key data


U.S. Treasury yields were higher on Tuesday as investors looked ahead to the latest Federal Reserve meeting minutes and key economic data due this week.

At 4:17 a.m. ET, the yield on the 10-year Treasury was up by nearly four basis points to 4.302%. The 2-year Treasury yield was last at 4.278% after rising by more than two basis points.

Yields and prices have an inverted relationship. One basis point equals 0.01%.

Investors considered the state of the economy as they looked to upcoming data and weighed the outlook for monetary policy as the Federal Reserve’s latest meeting minutes are set to be released.

Advertisement

The minutes are due Tuesday and, in a week that is quiet when it comes to comments from Fed officials, investors will be scanning them closely for more hints about what could be next for interest rates. The Fed cut rates at its last two meetings, with one remaining this year on Dec. 17-18.

CME Group’s FedWatch tool last showed that traders were pricing in an around 56% chance of rates being cut again then, with a roughly 44% chance of rates staying unchanged.

Also on Tuesday, consumer confidence insights for November and October’s new home sales data is expected.

Key inflation data is set to be published as the week continues, with the personal consumption expenditure price index for October due Wednesday. The PCE is the Fed’s favored inflation gauge and could therefore inform its monetary policy decisions.

Investors also continued to assess President-elect Donald Trump’s choice of hedge fund executive Scott Bessent as Treasury secretary. The pick has widely soothed any nervousness and concerns about the future of the U.S. economy as they expect Bessent to prioritize economic and market stability.

Advertisement



Source link

San Diego, CA

PFL San Diego ‘McKee vs. Isbulaev’ play-by-play, results & round scoring

Published

on

PFL San Diego ‘McKee vs. Isbulaev’ play-by-play, results & round scoring


Sherdog’s live
PFL San Diego coverage will begin Saturday at 7 p.m. ET.

Top notch
featherweights headline PFL San Diego: Tune in Saturday, June 27 at
7 p.m. ET on ESPN 2.

Round 1

Sherdog Scores

Jay Pettry scores the round:
Tristen Critchfield scores the round:
Mike Pendleton scores the round:

Round 2

Sherdog Scores

Jay Pettry scores the round:
Tristen Critchfield scores the round:
Mike Pendleton scores the round:

Advertisement

Round 3

Sherdog Scores

Jay Pettry scores the round:
Tristen Critchfield scores the round:
Mike Pendleton scores the round:

The Official Result

Round 1

Sherdog Scores

Jay Pettry scores the round:
Tristen Critchfield scores the round:
Mike Pendleton scores the round:

Round 2

Sherdog Scores

Jay Pettry scores the round:
Tristen Critchfield scores the round:
Mike Pendleton scores the round:

Round 3

Sherdog Scores

Jay Pettry scores the round:
Tristen Critchfield scores the round:
Mike Pendleton scores the round:

The Official Result

Round 1

Sherdog Scores

Jay Pettry scores the round:
Tristen Critchfield scores the round:
Mike Pendleton scores the round:

Advertisement

Round 2

Sherdog Scores

Jay Pettry scores the round:
Tristen Critchfield scores the round:
Mike Pendleton scores the round:

Round 3

Sherdog Scores

Jay Pettry scores the round:
Tristen Critchfield scores the round:
Mike Pendleton scores the round:

The Official Result

Round 1

Sherdog Scores

Jay Pettry scores the round:
Tristen Critchfield scores the round:
Mike Pendleton scores the round:

Round 2

Sherdog Scores

Jay Pettry scores the round:
Tristen Critchfield scores the round:
Mike Pendleton scores the round:

Round 3

Sherdog Scores

Jay Pettry scores the round:
Tristen Critchfield scores the round:
Mike Pendleton scores the round:

Advertisement

The Official Result

Round 1

Sherdog Scores

Jay Pettry scores the round:
Tristen Critchfield scores the round:
Mike Pendleton scores the round:

Round 2

Sherdog Scores

Jay Pettry scores the round:
Tristen Critchfield scores the round:
Mike Pendleton scores the round:

Round 3

Sherdog Scores

Jay Pettry scores the round:
Tristen Critchfield scores the round:
Mike Pendleton scores the round:

The Official Result

Round 1

Sherdog Scores

Jay Pettry scores the round:
Tristen Critchfield scores the round:
Mike Pendleton scores the round:

Round 2

Sherdog Scores

Jay Pettry scores the round:
Tristen Critchfield scores the round:
Mike Pendleton scores the round:

Advertisement

Round 3

Sherdog Scores

Jay Pettry scores the round:
Tristen Critchfield scores the round:
Mike Pendleton scores the round:

The Official Result

Round 1

Sherdog Scores

Jay Pettry scores the round:
Tristen Critchfield scores the round:
Mike Pendleton scores the round:

Round 2

Sherdog Scores

Jay Pettry scores the round:
Tristen Critchfield scores the round:
Mike Pendleton scores the round:

Round 3

Sherdog Scores

Jay Pettry scores the round:
Tristen Critchfield scores the round:
Mike Pendleton scores the round:

The Official Result

Round 1

Sherdog Scores

Jay Pettry scores the round:
Tristen Critchfield scores the round:
Mike Pendleton scores the round:

Advertisement

Round 2

Sherdog Scores

Jay Pettry scores the round:
Tristen Critchfield scores the round:
Mike Pendleton scores the round:

Round 3

Sherdog Scores

Jay Pettry scores the round:
Tristen Critchfield scores the round:
Mike Pendleton scores the round:

The Official Result

Round 1

Sherdog Scores

Jay Pettry scores the round:
Tristen Critchfield scores the round:
Mike Pendleton scores the round:

Round 2

Sherdog Scores

Jay Pettry scores the round:
Tristen Critchfield scores the round:
Mike Pendleton scores the round:

Round 3

Sherdog Scores

Jay Pettry scores the round:
Tristen Critchfield scores the round:
Mike Pendleton scores the round:

Advertisement

The Official Result





Source link

Continue Reading

San Diego, CA

Sharp Coronado Hospital Holds Meet-and-Greet With NASCAR San Diego Weekend

Published

on

Sharp Coronado Hospital Holds Meet-and-Greet With NASCAR San Diego Weekend


NASCAR San Diego Weekend kicked off Friday, June 19, and Sharp Coronado Hospital was thrilled to join in with a special meet-and-greet. President of NASCAR San Diego Amy Lupo met with Sharp Coronado employees to take pictures and “rev up” the excitement for the NASCAR races taking place on Naval Base Coronado, June 19 to 21.



Source link

Continue Reading

San Diego, CA

County Leaders Still Eyeing County-Backed Tax Hike

Published

on

County Leaders Still Eyeing County-Backed Tax Hike


County leaders are keeping their options open for a future county-backed tax hike as a citizens coalition pushes a November sales tax measure. 

Officials in late April quietly extended a contract with consultants tasked with researching and poll-testing potential county revenue options for a Board of Supervisors subcommittee led by Chair Terra Lawson-Remer and Vice Chair Monica Montgomery Steppe. The extension is for up to two years and the price tag remains up to $320,000. 

Other county supervisors’ offices told Voice of San Diego they weren’t notified of the change – and one is now working on a policy proposal to force public updates on subcommittee-directed contracts. 

County spokesperson Tammy Glenn said staff directed the contract extension “in consultation with the subcommittee” and based on prior board approval last September to create the Sustainable Fiscal Planning Subcommittee. The item allowed the subcommittee to hire and pay consultants up to $500,000 to explore multiple options to increase county revenues and taxes. 

Advertisement

An initial January 2026 contract called for Chula Vista-based Ironwood Public Affairs and four subcontractors including a prominent local Democratic campaign consultant to survey county residents, prepare revenue estimates for potential tax hike options, conduct focus groups and outreach and submit a report by May 1. 

On April 30, county staff amended the contract with Ironwood to “deliver any requested ballot measure language, report, and presentations no later than June 30, 2028.” 

Five days later, a coalition that includes labor groups and advocates submitted signatures to the county registrar’s office for a proposed countywide sales tax hike projected to raise $360 million annually to fund healthcare, child care, solutions to the Tijuana River sewage crisis and public safety. The registrar’s office has since confirmed the measure qualified for the November ballot. 

Lawson-Remer has rallied behind the sales tax proposal and argued that a “local revenue measure” could shield the county from Trump administration-backed cuts. The county has projected that the One Big Beautiful Bill Act could cost the county $300 million annually. 

In a statement, Lawson-Remer’s office noted that a board majority voted last September to create the subcommittee and hire a consultant. 

Advertisement

“With the Trump Administration threatening healthcare, food assistance, behavioral health, and other core services — and federal decisions being announced, reversed, paused, challenged, and revived in real time — the county and Fiscal Subcommittee has a responsibility to plan for multiple scenarios, including federal cuts, state shortfalls, taxpayer savings, state advocacy, and whether any local funding option does or does not materialize,” Lawson-Remer’s office wrote.  

In a separate statement, Montgomery Steppe also pointed to board approval of the subcommittee and its work “evaluating fiscal risks and options to help inform future Board decisions.” 

A few months after the September vote to approve the subcommittee, the county hired Ironwood Public Affairs led by former county staffer Victor Aviña. Aviña’s company subcontracted with prominent Democratic campaign consultant Dan Rottenstreich’s company Amplify Campaigns, polling firm FM3 Research, Los Angeles revenue forecasting firm Economic & Planning Systems and Los Angeles-based law firm Kaufman Legal Group. 

Glenn said the county has thus far paid Ironwood $96,000 for planning tasks that the initial contract said should be completed by early this year.  

The county has yet to provide documents to Voice that the contractor submitted to the county about its work a month after a public-records request. 

Advertisement

Spokespeople for the county’s three other elected supervisors said this week they weren’t notified about the changes to the contract.  

Supervisors Joel Anderson and Jim Desmond, the two Republicans on the board, have criticized the lack of transparency surrounding the subcommittees and consultants at least two of them have hired.  

At an April board meeting, Desmond argued that subcommittees shouldn’t be allowed to spend county money or secure contracts without a review by the full board.  

And Anderson has pushed for reforms to increase transparency for subcommittees that have met behind closed doors. The board on Thursday unanimously approved changes to make more of those meetings more public. 

Anderson’s office said he is now working on a board proposal that, among other changes, would also require updates to the full board on work that outside consultants are doing for subcommittees. He expects to bring the proposal to the board in August.

Advertisement

“There’s no possibility of secrecy when a vendor/contractor reports to the entire board,” Anderson wrote in a statement. 



Source link

Continue Reading
Advertisement

Trending