Update on Fed's Balance Sheet

RELATED CONTENT

Banks: On the Edge of Cataclysmic Failure

Wall Street Watch: It was a grim week for the markets and the economy. Banks are on a death watch awaiting the president's pardon. Meanwhile, experts debate the merits of a financial transaction tax and subsidized financial advice. If it makes you feel better, we've got a Madoff clip that shows investors getting even with Bernie—sort of.

Treasury Weakness Persists

Interestingly, the rise in Treasury yields reflects an increase in the amount of risk that investors are assigning to Treasuries and other sovereign debts, particularly in Portugal, Ireland, Italy, Greece, and Spain.

Economic Data Round-Up

Bond expert Tony Crescenzi gives an update on the Treasury market, consumer sentiment, and consumer prices.