Financial Markets

Financial markets refers to the broad activity of buying and selling financial securities and derivatives, including bonds, equities, currencies, commodities, and other financial instruments. Changes in security valuations can affect the flow of capital through the economy, which can impact economic activity and have implications for monetary policy.

As part of its core responsibilities to inform U.S. monetary policy decisions, the SF Fed conducts extensive research on financial markets, financial conditions, and other related topics. This page features a collection of content on financial markets, including topics such as financial conditions, U.S. Treasury markets, securities and derivatives, and currencies and commodities.