bonds Archives - Tennessee Star

Bill to Cut Nashville City Center Funding Calls into Question Tax Plan for New $2.2B Titans Stadium

January 30, 2023January 30, 2023 The Center Square

A new proposed bill in the Tennessee not only proposes cutting some of the state tax funding to pay debt on the Music City Center, but it also calls into question plans to build a new $2.2 billion Tennessee Titans stadium.

Senate Bill 648, filed Thursday by Sen. Jack Johnson, R-Franklin, on behalf of Lt. Gov. Randy McNally, R-Oak Ridge, would change the way taxes flow to Metro Nashville to pay debt from the Music City Center, which opened in 2013. The bill does not yet have a House sponsor.

Speaker Cam Sexton Tells WTN Radio’s Dan Mandis Titans Will Contribute $700 Million Towards $2 Billion Cost of Proposed New Stadium

April 2, 2022April 2, 2022 Julie Carr

On Nashville’s Morning News, host Mandis spoke with Tennessee House Speaker Cameron Sexton regarding the proposed $500 million bond for a retractable roof on Titans Stadium and its benefits for Nashville and the state.

Federal Reserve Scales Back Bond Purchases as Inflation Rises

November 5, 2021November 4, 2021 Admin

The Federal Reserve announced Wednesday that it would begin scaling back its monthly bond purchases in November, marking the first step towards ending its pandemic stimulus as inflation surges.

The scaling of bond purchases, more commonly known as tapering, will start “later this month,” the Federal Open Market Committee (FOMC) said in a statement. The Federal Reserve will reduce its purchases by $15 billion each month — $10 billion less in Treasury bonds and $5 billion less in mortgage-backed securities — from the current $120 billion figure.

Tech Leads the Way as US Stocks Head for a Third Month of Gains

June 23, 2020June 23, 2020 The Associated Press

Stocks closed higher on Wall Street Tuesday, extending the market’s recent winning streak after another strong showing by technology companies.

The S&P 500 rose 0.4% and is on pace for its third straight monthly gain. The Nasdaq composite, which is heavily weighted with technology stocks, climbed to an all-time high for the second day in a row. Bond yields rose, another sign of increasing confidence in the economy.

Commentary: Did Anyone Notice That the 10-year, 2-year Treasuries Un-inverted, Forestalling Recession Fears

September 16, 2019September 16, 2019 Admin

Don’t look now, but if you were planning on a severe recession and a spike in unemployment before the 2020 elections in the hopes it would help oust President Donald Trump, you might have to keep waiting.

Commentary: A Case for Continued American Economic Growth

April 3, 2019April 2, 2019 Admin

by Rick Manning The office discussions at Americans for Limited Government are lively with voices often raised over various interpretations of what the news of the day means. While none of us are economists and we don’t even belong to the Holiday Inn Rewards Program, we still have extended…

As The Fed Dumps Billions in Government and Mortgage Bonds, Questions of ‘Engineering’ a Recession Swirl as 2020 Nears

March 26, 2019March 25, 2019 Admin

by Robert Romano Recession warning lights are flashing predictably after the Federal Reserve has finally ended quantitative easing – it’s now dumping $50 billion of government and mortgage bonds a month – and short-term interest rates have risen. The 10-year-3-month treasuries spread inverted on March 22, and the 10-year-2-year and the 10-year-federal-funds-rate do not appear…