^TNX - Treasury Yield 10 Years
| Previous Close | 1.7740 |
| Open | 1.7930 |
| Volume | 0 |
| Day's Range | 1.7490 - 1.7950 |
| 52 Week Range | 1.4290 - 3.2480 |
| Avg. Volume | 0 |
- Yahoo Finance Video
The best way to react to the Fed's interest rate cut
Whittier Trust CIO Sandip Bhagat says the fed is likely to cut rates at least one more time this year. He sits down with Yahoo Finance's Adam Shapiro, Brian Cheung, and Wells Fargo Securities Head of Macro Strategy Mike Schumacher to discuss.
- Yahoo Finance Video
Fed cuts interest rates, divided over future moves
The Federal Reserve may have voted to lower interest rates this week by a 7 to 3 vote, but what move the central bank makes next is a bit of a mystery especially with some division among ranks. Nick Maroutsos, co-head of global bonds for Janus Henderson Investors, joins Yahoo Finance to discuss what lies ahead.
- Yahoo Finance Video
Investors 'should be very content' with recent Fed rate cuts
Yahoo Finance's Alexis Christoforous, Brian Sozzi and Jared Blikre discuss what's moving the markets with PNC Chief Investment Strategist Amanda Agati around Thursday's opening bell.
- Yahoo Finance Video
Real estate market's 'Black Friday' is around the corner
A recent analysis from Realtor.com shows that the Fall could be the best time to buy a home, as listing prices decline and mortgage rates remain low. George Ratiu, senior economist at Realtor.com, says this time of year is real estate's own "Black Friday."
- Yahoo Finance Video
Fed funds rate cut by quarter point is aligned with expectations: economist
The Federal Reserve cuts the funds rate by a quarter point. Wilmington Trust Chief Economist Luke Tilley says this is aligned with their expectations, but if the Fed cut by half a point, then they know more than they let out. He joins Yahoo Finance's Akiko Fujita and Adam Shapiro.
- Yahoo Finance Video
Is the Fed losing control of interest rates?
Overnight the Federal Reserve tackled a liquidity crunch in the repo market. Yahoo Finance's Julie Hyman, Adam Shapiro, Brian Cheung, Krishna Memani, Invesco Vice Chair of Investments and Danielle DiMartino Booth, Quill Intelligence CEO and Chief Strategist discuss.
- Yahoo Finance Video
How far will the Fed go with rate cuts?
The Fed 2-day meeting wraps today with an expected rate cut announcement from Jay Powell. Yahoo Finance's Julie Hyman, Adam Shapiro, Krishna Memani, Invesco Vice Chair of Investments and Danielle DiMartino Booth, Quill Intelligence CEO and Chief Strategist discuss.
- Yahoo Finance Video
What another Federal Reserve rate cut could mean for the markets
The Federal Reserve is expected to cut rates again this afternoon. Ethan Harris, head of Global Economics at Bank of America Merrill Lynch joins Yahoo Finance to discuss what the effect of a rate cut on the markets.
- Yahoo Finance Video
Fed set to announce latest rate decision
The Federal Reserve is meeting today and will announce whether it's going to cut rates again. Yahoo Finance's Brian Cheung breaks down what to expect.
- MarketWatch
Bond investor says negative yields are ‘most absurd thing central banks have done’
Marathon Asset Management CEO Bruce Richards says central banks risk a backlash from the growing universe of negative government bond yields
- MarketWatch
Treasury yields log biggest weekly drop in a month
U.S. Treasury yields fall Friday after a China delegation cut their visit short to the U.S., underlining the potential for trade tensions to flare up again.
ETF.comBond Rally Feeds Off Fed Rate Cut
The two largest bond ETFs are on pace for their best year since 2011.
- MarketWatch
U.S. government bonds hold steady a day after Fed’s rate cut
U.S. Treasurys trade virtually unchanged Thursday, a day after the Federal Reserve cut interest rates, with divisions among policy makers, casting doubt on the Federal Open Market Committee’s appetite for quantitative easing and further interest-rate reductions.
- MarketWatch
U.S. leading economic indicator index flat in August, trends point to continued but slow growth
The leading economic index was flat in August after a big gain in the prior month, the Conference Board said Thursday. The recent performance of the index is consistent with "a slow but still expanding economy," said Ataman Ozyildirim, senior director for economic research at the Conference Board. Strength in housing permits and credit growth offset weakness from manufacturing.
- MarketWatch
Global economy growing at slowest pace since recession, OECD says
The Organization for Economic Cooperation and Development on Thursday downgraded its assessment of the global economy to the worst growth rate since the financial crisis.
- MarketWatch
Fed completes 3rd straight repo auction to avoid short-term rate surge
The New York Federal Reserve Thursday morning completed its third repurchasing operation, or repos, in as many days to stem spikes in crucial overnight funding market for financial institutions. The U.S. central bank carried out $75 billion of repos, with the Street submitting bids for $83.875 billion, sources said, providing liquidity for Wall Street dealers by temporarily buying securities. Earlier this week, a surge in the repurchasing rate, used by hedge funds and banks to fund their trading operations, pushed the fed-funds rate close to the top of its targeted range. The incident has stirred worries that the central bank is at risk of losing its grip over its benchmark interest rate. On Wednesday, Federal Reserve Chairman Jerome Powell said at a news conference that the central bank is likely to execute similar auctions and said he doesn't see the recent jump in overnight money-market rates on Monday and Tuesday as a "having implications for the broader economy, or for the economic outlook, nor for the our ability to control rates."
- MarketWatch
U.S. current-account deficit narrows 5.9% in second quarter
The U.S. current-account deficit, a measure of the nation's debt to other countries, narrowed by 5.9% in the second quarter, the government said Thursday. The current-account deficit narrowed to $128.2 billion from a revised $136.2 billion in the first quarter. The narrowing of the deficit primarily reflected an expanded surplus of primary income, mostly increases in portfolio investments. The current account deficit was equal to 2.4% of GDP in the second quarter, down from 2.6% in the first quarter. This is well below the peak of 6.3% in 2005.
- MarketWatch
New York Fed plans repo operation for third straight day
The New York Fed said it would conduct an overnight repurchasing operation for the third time this week at 8:15 a.m. Eastern on Thursday. The U.S. central bank will offer up to $75 billion of repos, temporarily buying securities from Wall Street dealers to inject liquidity into the system. Earlier this week, a surge in the repurchasing rate, used by hedge funds and banks to fund their trading operations, pushed the fed funds rate above its target range. Fed Chairman Jerome Powell said in a Wednesday press conference that the central bank would stand ready to use its current tools to address pressures in money markets.
- Yahoo Finance
Trump hammers Fed, Powell for lack of 'guts' and 'vision' on rate cut
President Donald Trump accused the central bank and Fed Chair Jerome Powell of having “no guts” for not meting out a more aggressive cut.
- MarketWatch
Short-term Treasury yields pare decline after Fed divided on need for further rate cuts
U.S. Treasury yields come off their intraday lows on Wednesday after the Federal Reserve’s policy statement highlights the divisions within its policy making committee on the need for additional rate cuts after September.
- MarketWatch
Treasury yields remain lower as Fed cuts rate by quarter point
Treasury yields remained lower after the Federal Reserve cut its benchmark interest rate by a quarter point to a range between 1.75% to 2.00%, as expected. The 10-year Treasury note yield slipped 5.3 basis points to 1.761%, while the 2-year note yield was down 4.9 basis points to 1.688%. Bond prices move in the opposite direction of yields. But three voters on the Federal Open Market Committee dissented against the rate cut. The majority of Fed officials anticipated no further rate cuts this year, with the minority forecasting another reduction.
- Reuters
WRAPUP 6-Fed cuts interest rates, signals holding pattern for now
The U.S. Federal Reserve cut interest rates again on Wednesday to help sustain a record-long economic expansion but signaled a higher bar to further reductions in borrowing costs, eliciting a fast and sharp rebuke from President Donald Trump. Describing the U.S. economic outlook as "favorable," Fed Chair Jerome Powell said the rate cut was designed "to provide insurance against ongoing risks" including weak global growth and resurgent trade tensions. "If the economy does turn down, then a more extensive sequence of rate cuts could be appropriate," Powell said in a news conference after the Fed announced it had lowered its benchmark overnight lending rate by a quarter of a percentage point to a range of 1.75% to 2.00%.
- MarketWatch
Fed funds rate trades at 5 basis points above target range
The fed funds rate traded on Tuesday 5 basis points above the upper bound of its target range between 2.00% to 2.25%, according to Federal Reserve data released Wednesday morning. The recent climb in overnight repurchasing rates, used by hedge funds and other leveraged investors to finance their trading operations, has resulted in a knock-on increase in the fed funds rate. Since both are short-term sources of funding, a rise in the overnight repurchasing rate means that borrowers in fed funds have to pay up to attract investors. The fed funds rate pushing above its target range underlines analysts' concerns that the U.S. central bank is having trouble keeping its benchmark interest rate at its desired levels. The Fed launched $75 billion of overnight repos on Wednesday morning, in order to inject liquidity bank into the system and to bring the fed funds rate in line within its preferred range. This is the Fed's second repo operation this week.
- MarketWatch
Fed carries out repo operation for second straight day
The New York Fed held an overnight repurchasing operation for the second time this week on Wednesday morning. The U.S. central bank carried out the full $75 billion of repos, temporarily buying securities from Wall Street dealers to inject liquidity into the system. Earlier this week, a surge in the repurchasing rate, used by hedge funds and banks to fund their trading operations, pushed the fed funds rate close to the top of its targeted range. The incident stirred worries that the central bank is at risk of losing its grip over its benchmark interest rate.
