With a Federal Reserve-imposed asset cap now off its shoulders, the Wall Street lender is ramping up its buying within the $1.3 trillion market.
The latest federal data release showed nonfarm payrolls increasing by 147,000, edging down but still in line with previous readings, while adjusting April and May figures upward.
Roach said he will be paying close attention to whether the risks between growth and inflation remain in balance.
Whether prices will heat up or cool down is the must-watch event for the Federal Reserve and those calling for a July rate cut.
Bond issuance has ramped up by more than 35% year-on-year as declining birth rates push school districts to "keep up with the Joneses."
Some agreements have been reached but are far from widespread.
Inflation rises slightly in May as income and spending fall, challenging Fed path
Optimism surges on Middle East, rate cuts, trade deals boosts S&P 500.
After headline-grabbing comments from Fed Governors Waller and Bowman, nearly a dozen other policymakers have signaled less urgency for a dovish turn.
Growing infrastructure costs and the near-term outlook for interest rates are fueling a resurgence in supply from increasingly needy state and local governments.
The Federal Reserve chair stressed continuing uncertainty, citing "many paths possible" from the impact of Trump's tariffs.
But another metric suggests a slowdown in the US economy is ahead.
The Federal Reserve Governor reasserted his view of a transitory inflation hit from tariffs, while the S&P 500 pendulated between gains and losses amid a quarterly "triple witching" in the markets.
Everyday millionaires increase in volume and wealth, report shows.
The Fed's announcement today was largely as expected, keeping the target fed funds rate the same, while assessing new data and balancing all risks ahead.
The central bank painted a still-murky policy picture Wednesday, with recent readings of inflation and jobs justifying a hold even as federal debt pressures mount.
The president once again criticized the "numbskull" Federal Reserve chair's lack of urgency to lower borrowing costs as the central bank's June decision draws near.
Open letter to SEC Chair Paul Atkins questions whether the Ivy League university withheld material information prior to its $750 million taxable bond offering.
Economists warn a move to lower borrowing costs risks higher inflation fears, which would ultimately boost debt payments in the long run.
Strategists say the "unusual" decline, coming at a time when the dollar is weak, is part of a broader concerning trend of investors lightening their US asset exposure.
