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Strong Quarterly Earnings Fuel Market Optimism Despite Inflation Concerns, Slowing Economic Growth: This Week In The Market
Friday, April 26, 2024 - 4:28pm | 797Read More...After four consecutive weeks of declines, tech stocks — as tracked by the Invesco QQQ Trust (NASDAQ:QQQ) — experienced their best week in 2024. The stocks were buoyed by reduced geopolitical tensions in the Middle East and robust corporate earnings, even as persistent inflation signaled the need...
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Treasury Yields Reach 5-Month High, Lift Mortgage Rates; Expert Warns 'Federal Debt Blob Is Out Of Control'
Wednesday, April 24, 2024 - 12:22pm | 756Read More...As Treasury yields continue their upward trajectory, reaching levels not seen since November 2023, the impact on the U.S. mortgage market and potentially for the broader economy is becoming increasingly pressing. On Wednesday, the yield on the 30-year Treasury note climbed 5 basis points, reaching...
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S&P 500 Due For 'Classic 10% Correction,' Wall Street Veteran Warns: Why They Expect Zero Rate Cuts In 2024
Tuesday, April 16, 2024 - 11:07am | 656Read More...Wall Street veteran investor Ed Yardeni has spotlighted potential turbulence ahead for the S&P 500 index, forecasting a “classic 10% correction” in the coming months. This prediction comes as markets digest a scenario where the U.S. economy avoids any hard or soft landing, an...
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Bond Yields Surge To 6-Month Highs As Likelihood Of No-Landing Scenario Increases: UBS Warns Of Potential Fed Rate Hikes To 6.5%
Monday, April 15, 2024 - 5:04pm | 706Read More...U.S. Treasury yields have reached their highest levels since mid-November 2023, driven by a mix of economic resilience, persistent fiscal spending and resuming inflationary pressures. These factors are steering the market’s expectations away from earlier predictions of imminent Federal...
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Are Nvidia, Eli Lilly, AMD's High Equity Valuations In Peril From Higher Rates?
Tuesday, February 27, 2024 - 4:35pm | 495Read More...Higher long-term rates typically matter a lot to equity valuations. However, according to DataTrek, today’s mega-cap stocks are likely to weather the current higher rate environment. Nvidia Corporation (NASDAQ:NVDA) has a price-to-earnings (P/E) ratio of 65.8 Eli Lilly And Company (NYSE:LLY...
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Treasury Yields Almost Fully Erase Post-Inflation Data Surge As Poor Retail Sales Reignite Fed Cut Hopes
Thursday, February 15, 2024 - 11:15am | 515Read More...The yields on U.S. Treasury notes have almost entirely retraced their surge following the release of the hotter-than-expected January inflation report. This indicates a swift shift in investor sentiment amidst conflicting economic indicators. The 10-year Treasury note saw a decrease to 4.21%...
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Mohamed El-Erian On Yield And Oil Price Drop: Economic Boon Or Major Downturn Ahead?
Tuesday, November 7, 2023 - 9:52pm | 681Read More...What Happened: Notable economist Mohamed El-Erian took to Twitter on Tuesday to highlight the recent downturn in yields and oil prices. He notes that this trend could be beneficial for the economy and most financial asset classes. However, he cautions that these advantages may...
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Treasury Department Reduces Q4 Borrowing Forecast Down To $776B, But Still Raises Eyebrows
Monday, October 30, 2023 - 5:05pm | 369Read More...The U.S. Treasury Department has lowered its estimate for federal borrowing in the fourth quarter to $776 billion, down from the previously predicted $852 billion. Investors are breathing a sigh of relief with this cut, given their rising worries over the expanding fiscal deficit. However, even...
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Will Treasury's Upcoming Monster Borrowing Plans Outshine Fed's Interest Rate Call?
Monday, October 30, 2023 - 4:13pm | 508Read More...The spotlight on Wednesday could move from the Federal Reserve’s policy meeting to the Treasury Department’s forthcoming borrowing plan. What Happened: The Treasury Department’s quarterly refunding announcement is expected to reveal its strategy to amplify sales of long-term debt...
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Janet Yellen Dismisses Deficit As Cause Of Bond Yield Rise: Here's What She Says Set Off Treasury Turmoil
Thursday, October 26, 2023 - 3:33pm | 419Read More...The recent surge in long-term bond yields in the U.S. is a reflection of the nation’s economic robustness, not the expanding fiscal deficit, according to U.S. Treasury Secretary Janet Yellen. Yellen suggests the rise in yields — which has resulted in benchmark Treasury rates reaching...
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10-Year Treasuries Exceed 5% For First Time Since 2007, Then Crater On Ackman Short Cover
Tuesday, October 24, 2023 - 2:30pm | 882Read More...A milestone of sorts was achieved in the U.S. Treasury market on Monday, as the yield on the 10-year Treasury Note exceeded 5% for the first time in 16 years. This rate, widely recognized on Wall Street as a pivotal gauge of the note’s market’s stability, poked above a key psychological...
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10-Year Yield At 5% Triggers Waves Of Treasury Buyers: Bill Ackman, Technical Indicators Hint At Potential Shift
Monday, October 23, 2023 - 12:19pm | 825Read More...It’s another day of intense fluctuations in Treasury bond yields, with particular attention focused on the 10-year Treasury yield. At the start of the week, this crucial benchmark broke through a significant psychological barrier, surging to 5.02%, its highest level since mid-July 2007....
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30-Year Yields Rise Above 5% As Biden Announces 'Unprecedented' Congress Support For Israel
Wednesday, October 18, 2023 - 11:15am | 740Read More...The yields on 30-year Treasuries crossed the 5% mark once again on Wednesday after President Joe Biden delivered live press remarks during his visit to Israel. Biden committed to an “unprecedented support package for Israel,” to be unveiled this week. “You are not alone,”...
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2-Year Treasury Yields Hit 17-Year Highs, Analyst Says US Bond Market 'Is Losing Its Strategic Anchor'
Tuesday, October 17, 2023 - 1:25pm | 810Read More...Treasury yields continue to surge, defying expectations and causing further strain in the U.S. core bond market. On Tuesday, yields on the 2-year Treasury note reached 5.2%, marking its highest level in over 17 years. The last time short-term Treasury security yields were this elevated was back in...
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Economists See Recession Risk Waning, End Of Fed Rate Hikes: How Could Treasury ETFs React To Yields?
Monday, October 16, 2023 - 1:23pm | 790Read More...Economists are increasingly upbeat about the U.S. economy, with a growing consensus that the country is headed for what is known as a soft landing. In the latest quarterly survey conducted by The Wall Street Journal, 65 economists have collectively lowered their recession probability forecast for...
















