News & Insights
Halfway through 2025, the market for bonds tied to home loans – known as CMOs (Collateralized Mortgage Obligations) and MBS (Mortgage-Backed Securities) – are going through some changes. These changes are mostly driven by the overall economy, government policies and what people are anticipating with interest rates.
Set against the backdrop of Lost Pines Resort & Spa near Austin, Texas, the Catalyst Strategic Summit unfolds over 2.5 immersive days, October 21-23, equipping attendees with the tools, trends and connections needed to navigate what’s next.
Markets considered Tuesday’s CPI report benign enough for the FOMC to cut rates by at least 50 basis points for the remainder of the year. President Trump’s global tariff policies officially took effect last week and there’s still one more government jobs report and one more CPI report before the next FOMC meeting, offering time for the committee to amass more data to inform their next decision.
The labor market took a turn this week after August kicked off with a government jobs report that came back well-below expectations. The jobs report included a downward revision of prior months’ totals by 258,000 and an increase in the unemployment rate.
The monthly Market Overview & Data Report is a comprehensive summary of August's key economic and market metrics that are fundamental to credit union financial management. The report not only summarizes key economic and market data, but also explains how these metrics are relevant to credit unions. It further includes industry peer performance data and assessment, relative value evaluation, and an upcoming economic calendar. It is also an excellent report to include in credit union board and ALCO packets.
The S&P 500 has been on another tear in recent weeks, hitting 10 new all-time highs in the last 19 trading sessions.
This week’s CPI report showed inflation may be starting to bite consumers. Prices on apparel, household furnishings and recreation commodities unexpectedly increased in June.
The use of paper Treasury checks is set to end by September 30, 2025. As the government is phasing out check payments, the Federal Reserve’s instant payment rail has been ramping up. With government disbursements going all digital, volume on the FedNow rail is set to increase – and that means credit unions must prepare for what comes next.
Countdown to August 29: Catalyst’s 2025 Crasher Contest Seeks Young Professionals Ready to Lead | Why the Barbell Strategy Is Gaining Traction in Today’s Market | Recent Subordinated Debt Deal | BAI Hosted FedNow Webinar | Asset Management Video
The call is out for the next generation of credit union leaders to step forward and take part in Catalyst’s 2025 Young Professional (YP) Crasher Contest. Emerging professionals are encouraged to apply for a sponsored experience, including registration and hotel stay, for the Catalyst Strategic Summit taking place October 21-23 at the Lost Pines Resort & Spa near Austin, Texas.