|Day's Range||1.6890 - 1.7200|
|52 Week Range||1.4290 - 3.2390|
There are a lot of valid reasons why the inversion of the yield curve — that is, the yield of short-term bonds being higher than that of longer-term securities — isn’t a sign of economic worries.
U.S. Treasury prices rise Tuesday, pushing yields lower, as investors scale back expectations for a U.S.-China trade deal
The strength of the U.S. dollar doesn’t help U.S. companies — but it’s the relatively perkier yields on U.S. government bonds that’s attracting more capital to the country
Investors took no chances upon hearing the news. Besides driving stocks lower and erasing some of Friday’s gains, hedgers drove December Treasury Notes 0.46% higher. December Comex gold futures rose 0.73% and the Japanese Yen jumped 0.24% higher. These protection moves are likely to increase if investors continue to turn sour on the deal.
Investors see the new Fed plan to resume short-dated Treasury debt purchases as a sign of the central bank’s willingness to stand ready to prop up broader markets
U.S. Treasury yields rise Friday amid signs that the U.S. was nearing a limited trade deal that could prevent a further escalation of the tariff spat between the two world’s largest economies.
The Federal Reserve announced Friday it will buy Treasury bills to maintain ample reserves in the banking system.
Americans in October showed the most optimism about the economy in three months, reflecting easing concerns about the trade war with China and little worry so far about the potential impeachment of President Trump, according to a survey of consumer sentiment.
The cost of goods imported into the U.S. rose in September for the first time in four months, but most of the increase stemmed from higher oil prices. Import-related inflation more broadly was basically nonexistent. The import price index climbed 0.2% last month.
On Friday, investors will receive a snapshot on consumer sentiment in October and hear from several Federal Open Market Committee members ahead of the central bank’s next rate-setting meeting.
U.S. Treasury yields climb on Thursday after minutes from the European Central Bank’s September meeting highlighted rifts within its policy-making committee.
Consumer inflation in the U.S. was held in check in September by falling prices of gasoline and used vehicles, offsetting increases in rent and prepared foods. The low and stable rate of inflation gives the Federal Reserve the leeway to cut interest rates again.
Fed’s focus on short-end of yield curve sends message to market participants that its bond-buying would not represent a return to quantitative easing.
Bond markets have stumbled in Europe on signs of an intensifying backlash to the region’s latest central bank stimulus package, pushing some German government debt yields into positive territory for the first time in a month. that European Central Bank president Mario Draghi forced through the revival of his signature bond-buying programme last month against the advice of fellow officials. Bond yields continued to push higher after ECB minutes released on Thursday showed a number of officials on the bank’s governing council argued against the decision to resume purchases in November.
At its September meeting, Federal Reserve officials began debating how far their current interest-rate cutting campaign should extend, even as they agreed to lower rates in response to growing risks to the U.S. economy.
Investors looking to hedge against, or make money from, the ongoing U.S.-China trade war can pick from a range of exchange-traded funds. Here are some suggestions from two ETF industry veterans.
The number of job openings nationwide fell in August for the third month in a row and hit a one-and-a-half-year low, coinciding with a decline in hiring that’s taken place against the backdrop of a slowing U.S. economy. Job openings slipped to 7.05 million.
U.S. Treasury yields head higher on Wednesday after reports say Chinese officials were amenable to a “partial” trade deal, news of which stirred a stock-market surge and put bonds under pressure.
(Bloomberg) -- Explore what’s moving the global economy in the new season of the Stephanomics podcast. Subscribe via Pocket Cast or iTunes.Despite a 50 basis point decline in the U.S. 10-year note yield since late July, the average interest rate on credit cards continues to hover close to record levels, newly released data from the Federal Reserve show.The U.S. prime lending rate, the rate that commercial banks to charge their most credit-worthy customers, has fallen thanks to easier Fed monetary policy. But the spread between the prime rate and the average annualized rate on credit cards widened to a record at the end of August.Many issuers have been competing for new customers with richer rewards rather than lower rates. They may also be maintaining this record spread because risks are brewing, underscored by a pickup in delinquency rates at smaller issuers of cards. Fed data show a growing gap between delinquency rates for the 100 largest banks compared with all others. Delinquent accounts for the largest banks were at 2.44% in the second quarter, while other banks saw the rate spike to 6.34% from 5.73% the prior quarter. At 3.9 percentage points, the spread between the two measures is also at an all-time high.U.S. consumers’ love of credit cards is apparent. Spending on Visa Inc. and Mastercard Inc. credit cards has surged to a record in recent years, propelling the combined market value of the two largest card networks to more than $600 billion.Credit card issuers have been busy adding customers. Since 2010, more than 100 million new accounts have been created, bringing the total to 486.5 million in the U.S. as of the second quarter. These new accounts and increases in credit availability within existing accounts have increased potential credit card spending power to $3.8 trillion -- an increase of $1.1 trillion since 2010. Credit card debt outstanding has increased to $870 billion.To contact the reporter on this story: Alex Tanzi in Washington at firstname.lastname@example.orgTo contact the editors responsible for this story: Scott Lanman at email@example.com, Vince Golle, Alex TanziFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
A tide of disappointing data is raising fears the U.S. may be knocking on the door of a recession. With investors, companies and the public highly attuned to any sign of a recession this time around, the hit to the economy would be more limited, according to Campbell Harvey, senior adviser at Research Affiliates and finance professor at Duke University, in an interview with MarketWatch.
Short-dated U.S. Treasury yields fell Tuesday after Federal Reserve Chairman Jerome Powell announced the central bank would increase the size of its balance sheet soon.