Traders are now fully pricing in a Fed rate cut at the central bank's April meeting and two more through the remainder of the year. That's still not enough to lift longer-term Treasury yields, which are hitting new record lows. Rate cut expectations from the WIRP function:
Oil prices have fallen by 22% since the beginning of the year and continue declining today. Dollar bonds of the riskiest energy companies keep selling off, with their average yield now above 10%, up from 8% mid-January.
More students are graduating in Michigan as fewer of them drop out of school. Both rates improved by about one percent in the last school year.
The UK singer hoping to avoid nil points at this year's Eurovision has been announced
The President is incorrect about how we choose Person of the Year. TIME does not comment on our choice until publication, which is December 6.