In contrast to recently released economic data, Fed districts report seeing weakness in some areas of consumer spending and smaller profit margins for businesses.
"With the increase in yields, U.S. corporate bonds [are] more attractive versus European corporate bonds for all tenor points and all currencies, for the first time this cycle."
Experts increasingly expect the Fed to raise interest rates more slowly than other central banks, which could lead to parity between the euro and the dollar.
$8.5 billion in assets used to support the state's public schools will be transferred to new investment companies because of BlackRock's fossil fuel policies,