|Day's Range||3.18 - 3.21|
|52 Week Range||2.30 - 3.25|
Yahoo Finance's Seana Smith and Adam Shapiro talk markets-- with a focus on emerging markets John Creswell, executive managing director at Duff & Phelps
Yahoo Finance's Seana Smith and Adam Shapiro talk to Michelle Meyer, Chief Economist at Merrill Lynch Bank of America and Kara Murphy, CIO, United Capital about the biggest risks to the economy right now.
Rates for home loans edged lower in the most recent week, but a few basis points of financing relief won’t help the housing market as much as fresh inventory would.
Rising bond yields are putting an end to the “there is no alternative” mantra that provided a pillar of support for stocks. But it might be too soon to underweight equities just yet, some investors argue.
U.S. government bond prices fell Friday as investors speculated that the Federal Reserve may want to raise interest rates higher than previously expected. Treasury yields rose Friday as investors assessed recent comments from Fed officials that suggest the central bank could raise interest rates above the so-called neutral level -- a point when monetary policy no longer supports growth but isn’t yet restrictive. Minutes from the Fed’s September meeting released Wednesday showed that officials are debating whether they will need to raise interest rates to levels sufficient to slow down a fast-growing economy to prevent it from overheating.
* Speculators raise ultra bond net shorts to record high * Fund managers raise net longs in 10-year T-notes * Speculative net shorts in Eurodollar, fed funds increase (Adds details on Fed minutes, market background, other data) By Richard Leong Oct 19 (Reuters) - Speculators' net bearish bets on U.S. 10-year Treasury note futures fell a tad earlier this week before Federal Reserve's release of minutes from its policy meeting last month, according to Commodity Futures Trading Commission data released on Friday. The Treasuries market had stabilized earlier this week from heavy losses in the previous two weeks due to jitters about rising inflation and a faster pace of interest rate increases from the Federal Reserve. The Fed's record of its Sept. 25-26 meeting suggested a few policymakers are open to raising short-term interest rates above a "neutral" level as the economy has been growing faster than their forecast.
Italian 10-year government bond yields retreat from their multiyear high on Friday as a European Union official said he wanted to reduce tensions with Rome over its budget plan
Today, it looks like it’s moving back into the green, thanks in part to China taking some measures to support its stock market. The sagging Chinese stock market rebounded more than 2.5 percent Friday after Beijing announced measures designed to support liquidity and share buybacks and to encourage merger & acquisition (M&A) activity. Honeywell International Inc. (NYSE: HON) beat Wall Street analysts’ earnings per share estimate and matched on revenue, but lowered guidance.
Bond investors are looking ahead to speeches from Federal Reserve members and monitoring a sell-off in international bond markets. On the data front, existing home sales numbers are due at 10 a.m. ET. U.S. government debt prices ticked lower Friday morning with investors looking ahead to speeches from Federal Reserve members and monitoring a sell-off in international bond markets.
Treasury yields pared their rise on Thursday as investors grappled with a selloff in Italian debt that could be drawing investors into the perceived safety of U.S. government paper.
Gold futures end higher Thursday with a decline in the U.S. stock market boosting investment interest despite strength in the dollar, which tends to put some pressure on dollar-denominated prices for the metal.