Americans downgraded their expectations for benefits from the federal government after Donald Trump won the presidency, according to a new survey by the Federal Reserve Bank of New York.

In the bond market, Donald Trump’s first week, at least, turned out far less destabilizing than feared. Traders hope the same goes for the latest shift from the Federal Reserve. Most Read from BloombergWhat Happened to Hanging Out on the Street?

US Treasuries rallied on Monday as investors flocked to safe assets after technology firms drove a slump in equity markets.Most Read from BloombergWhat Happened to Hanging Out on the Street?Vienna Embraces Heat Pumps to Ditch Russian GasBillionaire Developer Caruso Slams LA Leadership Over WildfiresHow Sanctuary Cities Are Preparing for Another Showdown With TrumpHoboken PATH Station Will Close for Almost a Month on Jan.

The Federal Reserve may cut interest rates more aggressively than markets expect, making shorter-maturity US Treasuries attractive, according to Pacific Investment Management Co’s Marc Seidner.

Corporate bonds are likely to outstrip Treasuries for a seventh straight year as the market steadies and elevated interest rates bolster returns, according to Vanguard Group Inc.Most Read from BloombergWhat Happened to Hanging Out on the Street?

Emerging market investors are turning increasingly wary of carry trades as the threat of tariffs from the Donald Trump administration and the prospect of further dollar gains squeeze returns.Most Read from BloombergWhat Happened to Hanging Out on the Street?

Explore the two reasons why the Nasdaq 100 and S&P 500 indices have crashed this week, including the Fed decision and DeepSeek succes

Foreign investors are selling Chile’s local government debt, pushing their holdings to the lowest in seven years amid poor liquidity and low interest rates.

The Philippine peso is veering toward an all-time low as the nation’s central bank plans to cut interest rates further in the face of slowing economic growth.

Kersstin Eshak visits a food pantry in Loudoun County, Virginia to stretch her family’s budget. Eshak’s husband works at a big box retailer. She works as a substitute teacher. They have income, but with prices up nearly 23% over the past five years — and still rising — their earnings just don’t stretch quite far enough some months.

WITH uncertainty swirling around the outlook for inflation and interest rates, there’s been one dependable catalyst keeping Wall Street’s spirits lifted: Corporate America’s bottom line. Read more at The Business Times.

Bloomberg launched the Bloomberg Inflation Sensitive Equity Index (BINFLST) in 2022, designed to identify stocks most responsive to inflation dynamics.