|Day's Range||2.36 - 2.39|
|52 Week Range||1.73 - 2.62|
U.S. government bonds pulled back as prospects brightened for large tax cuts out of Washington.
Speculators' net bullish bets on U.S. 10-year Treasury note futures fell to a six-month low on expectations of further interest rate increases from the Federal Reserve, according to Commodity Futures Trading ...
Bond traders better not be tired of handicapping who President Donald Trump will nominate to be the next Federal Reserve chair, because it could be a major driver of profits or losses in coming days.
U.S. stock indexes opened higher on Friday after the Senate passed a budget blueprint for the next fiscal year, a move that is seen as paving the way for the tax reform many investors believe is vital ...
U.S. government debt yields rose Friday, as investors switch focus to news and remarks coming out of the U.S. Federal Reserve.
U.S. government bonds gained as investors sought assets perceived as relatively safe after tensions heightened between the Spanish government and the Catalan independence movement.
Asian shares pushed higher on investor optimism over the global outlook despite uncertainties over the outcome of political events in China and Japan and speculation over Trump's choice for the next Fed ...
The head of China's central bank warned overnight that its markets faced a potential "Minsky moment" and equity markets around the globe are lower while Treasury yields are lower in a flight to quality. “When there are too many pro-cyclical factors in an economy, cyclical fluctuations will be amplified," said Zhao Xiaochuan, the governor of the People's Bank of China. "If we’re too optimistic when things go smoothly, tensions build up, which could lead to a sharp correction, what we call a Minsky Moment.
U.S. government debt prices were higher Thursday as investors awaited the latest news surrounding the auctions, data and central bank space.
Investors turned their attention to Fed news and economic data on Wednesday, driving up U.S. Treasury yields in the process. Of significance importance is the yield curve. It is getting a lot of attention because it has reached its flattest level since before the financial crisis and this may be a sign of impending danger. … Continue reading U.S. Treasury Yield Curve Hits Flattest Level Since Before Financial Crisis
The Dollar/Yen surged on Wednesday after overcoming a key technical area. The catalysts behind the spike to the upside were speculation that President Trump would appoint a hawkish Fed Chair and progress on U.S. tax reform. The USD/JPY settled at 112.924, up 0.737 or +0.66%. The dollar reached its highest level since October 6, supported … Continue reading USD/JPY Fundamental Daily Forecast – Could Soar if Trump Appoints Hawkish Fed Chair
The GOP is getting closer to tax reform after the Senate narrowly passed a budget resolution that would pave the way for a tax plan this year. Yahoo Finance’s Alexis Christoforous, Jared Blikre and Rick Newman figures out what will happen next.
The search for the next Fed Chair is also on investors' radar as President Trump gets set to meet today with Janet Yellen, whose term end in February.