Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.
Twitter handle: @jeffmason1
NEW YORK U.S. Treasuries were steady on Tuesday before the Treasury Department is due to sell $33 billion in two-year notes, the first sale of $99 billion in coupon-bearing supply this week.
NEW YORK The dollar rose on Monday, erasing earlier losses, as investors questioned whether a rally that last week sent the greenback to more than four-month highs had run out of steam.
NEW YORK Benchmark 10-year U.S. Treasury yields are threatening to break above a declining trendline that has contained the bonds for more than 30 years. That may mark the beginning of a long-term bear market, though confirming such a trend could take years.
May 7 The CME Group Inc on Monday saw more than 50 global firms participate in its new futures contracts backed by the Secured Overnight Financing Rate (SOFR), a U.S. alternative to the benchmark Libor interest rate.
NEW YORK The U.S. dollar leaped to its highest levels this year against a basket of currencies on Friday despite disappointing U.S. employment data for April, before dropping back to trade little changed.
The CME will launch next week futures based on a new benchmark rate published by the Federal Reserve, but investors may be slow to embrace them after unexpected volatility and a calculation error led to a rocky start for the new rate.
NEW YORK The U.S. dollar fell in choppy trading on Thursday as investors took profits from a rally that sent the greenback to its highest levels of the year and awaited payrolls data for April.
NEW YORK The U.S. dollar fell from 2018 highs set earlier on Wednesday after the Federal Reserve indicated it may allow inflation to run above its 2 percent target, raising concerns that monetary accommodation will stay loose even as they hike rates.
NEW YORK The U.S. dollar surged into positive territory for 2018 on Tuesday and broke past key levels against several currencies as a divergence between growth and the interest rate outlook versus other countries spurred investors to chase the currency higher.
NEW YORK Weaker-than-expected German data hurt the euro against the U.S. dollar on Monday, with investors further unwinding short positions on the greenback that were based on assumptions that the European Central Bank was nearer to unwinding its stimulus.