|Day's Range||3.02 - 3.05|
|52 Week Range||2.65 - 3.25|
The U.S. government and American corporations don’t appear to be locking in low borrowing costs as the Federal Reserve dials up interest rates, a sign that financial markets aren’t anticipating rates drifting much higher from where they presently sit
Pension fund demand for zero-coupon Treasury bonds could be diminishing the ability of the yield curve to predict recessions, some analysts say.
As the U.S. Treasury yield curve gets flatter, many see a recession starting to appear. The question seems to be when rather than if it will happen.
President Trump agrees to meet with North Korea’s Kim Jong-un by May while making no concessions in advance of the first talks between the heads of state of the two countries. Italy’s newly-elected populist leader castigates the euro, Brussels, Germany’s dominance over the European Parliament, and the Brexit negotiations being spearheaded by Brussels, France and Germany. Last week was another week of headline-fueled misdirection, highlighted by the resignation of President Trump’s Senior Economic Advisor Gary Cohn, the official signing of the previously announced tariffs on steel and aluminum, the announcement of Trump’s willingness to meet with North Korea’s leader Kim Jong-un and a blockbuster February Employment Report.
President Trump’s tariff talk provides market bears the confidence and conviction to push equity markets sharply lower. In the case of the S&P 500 (^GSPC, SPY), that support was found at its 200 day moving average.
The most important chart you need to know today is the yield curve. Over the past year, short-term rates have surged while long-term rates have held steady, sending the yield curve to its flattest levels in a decade. Now Morgan Stanley analysts predict the curve will be completely flat by 2018.
Some economists and money managers say the US is at the top of the economic cycle, and it could be heading into a bear market soon. Yahoo Finance’s Seana Smith, Andy Serwer and Julia La Roche discuss.
Yahoo Finance’s Seana Smith, Andy Serwer and Julia La Roche talk with Jim McCaughan, CEO of Principal Global Investors, about whether the Fed will stick with its plan for gradual rate hikes.
Yahoo Finance's Seana Smith talks with Vincent Reinhart, chief economist of Standish Mellon Asset Management, about Fed Chairman Jay Powell's testimony on capital hill, the potential for four rate hikes in 2018 and how he will be received on Wall Street.
Alan Valdes, director of floor operations at Silverbear Capital, joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss the latest in the markets.
Keith Bliss of Cuttone and Company joins Yahoo Finance's Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves.
Yahoo Finance’s Rick Newman speaks to Alexis Christoforous on how the markets did better in Obama’s first year in office than in Trump’s.
Yahoo Finance's Seana Smith discusses the latest market action with Jared Blikre live from the floor of the New York Stock Exchange.
Yahoo Finance's Seana Smith, Rick Newman, Melody Hahm and President of Heritage Capital Paul Schatz discuss why Trump's economic rating has slid downhill.