^TNX - Treasury Yield 10 Years
| Previous Close | 1.8970 |
| Open | 1.8780 |
| Volume | 0 |
| Day's Range | 1.8160 - 1.9060 |
| 52 Week Range | 1.4290 - 2.9000 |
| Avg. Volume | 0 |
- MarketWatch
Treasury yields slide as announcement of U.S. - China trade deal disappoints
U.S. Treasury yields fell on Friday as the U.S. and China struck a so-called phase one trade deal that would put off the implementation of tariffs in December.
- MarketWatch
S&P 500, Nasdaq eke out new records in wake of U.S.-China trade pact
U.S. stocks closed slightly higher Friday after President Donald Trump and Chinese officials announced a trade pact that includes a rollback of some tariffs, the scrapping of further duties originally set for Sunday, and promises of targeted U.S. agricultural purchases by China.
- MarketWatch
Here’s what may drive stocks even higher (hint: not the trade war or the Fed)
The reason is tepid earnings results throughout 2019, according to analysts at DataTrek in a Monday note. “2019’s no-growth earnings will make for easy [comparables] in 2020 if the U.S.-China trade war abates,” DataTrek co-founder Nicholas Colas wrote. Colas said the final three months of 2019 should benefit from comparisons with last year, but Wall Street strategists now expect a 1.1% decline in earnings for the quarter.
- MarketWatch
Import prices rise in November due to oil, but they still aren’t adding to U.S. inflation
The cost of imported goods rose in November at the fastest pace in six months, but the increased was tied entirely to oil and unlikely to add much pressure to U.S. inflation. The import price index advanced 0.2% last month.
- MarketWatch
Retail sales fall short of forecast in the early stages of the holiday season. Poor omen?
Sales at U.S. retailers rose slightly in November and mostly benefited a few merchants such as auto dealers and internet stores, suggesting the holiday season got off to a sluggish start. Retail sales edged up 0.2% last month — just half as much as Wall Street expected.
- MarketWatch
Brace yourself for mediocre stock market returns in the next decade
This past decade has delivered some of the best stock market returns in history, which unfortunately is a bad sign for the next 10 years, Mark Hulbert reports.
- MarketWatch
These are Wall Street’s top dividend stock picks for 2020
DEEP DIVE U.S. stocks with attractive dividend yields have performed very well this year, for obvious reasons: Interest rates have declined at home and investors in Europe and Japan — where government and central-bank policies have pushed bond yields well into the negative — are desperate to find investments that will give them income.
- MarketWatch
Trump declares ‘big deal’ with China ‘very close’ as he meets with U.S. trade reps
President Donald Trump declares a “big deal” with China to be close, in a comment that sent stocks higher on Thursday ahead of a looming deadline for new tariffs.
- MarketWatch
Treasury yields surge to four-week high on report of China tariff deal
U.S. Treasury yields rose sharply on Thursday following reports that the U.S. could delay tariffs set to kick in at the end of this week, boosting sentiment for risky assets at the expense of haven bonds.
- MarketWatch
Bond yields can’t stay low forever, Dudley says. Not so fast, says one analyst.
A former high-ranking Federal Reserve official says interest rates may jump, but an economist points out the flaws in that argument.
- Benzinga
USD/JPY Forecast: Bullish In The Short Term
USD/JPY Current Price: 109.35 US-China reached a deal in principle, according to US President Trump, dollar soars. Japan Q4 Tankan report expected to show further easing in manufacturing and non-manufacturing ...
- MarketWatch
Fed announces further repo operations to help cover year-end
The New York Federal Reserve said on Thursday it would step up the amount of funds it would inject into the multi trillion dollar repo market to help investors get through the end of year period, when banks are less willing to lend out their cash. As part of the repurchasing operations, the central bank buys Treasurys and other highly rated debt from dealers in order to inject liquidity into the system. The Fed expanded the overnight repo operation on Dec. 31 and Jan. 2 to at least $150 billion, and said it would offer a $75 billion repo on Dec. 30. The Fed also said it would offer another longer-term repo operation that would span year-end of at least $50 billion. At its postmeeting press conference, Fed Chairman Jerome Powell said the central bank would tweak the timing and amounts of its repo operations to mitigate stress in short-term funding markets from resurfacing.
- MarketWatch
U.S. wholesale prices flat in November, show little inflation in the pipeline
The wholesale cost of U.S. goods and services were flat in November, offering more evidence that inflation is tame and likely to remain so in the near future. The producer price index has risen a scant 1.1% in the past year.
- MarketWatch
Jobless claims soar to a more than 2-year high of 252,000 in wake of Thanksgiving
The number of Americans who applied for unemployment benefits in early December soared to highest level in more than two years, but the spike was likely tied to a later than usual Thanksgiving holiday instead of rising layoffs. Initial jobless claims jumped 49,000 to a seasonally adjusted 252,000.
- MarketWatch
For the stock market, impeachment is just a sideshow
Do stock and bond markets care about impeachment? The stock market is preoccupied with the status of trade negotiations, at least as portrayed by the media, between the U.S. and China over a phase-one deal that would provide some tax relief to China in exchange for its commitment to increase purchases of U.S. agricultural products. “Obsessed” is more like it, with every intimation that an agreement is nearing conclusion or facing hurdles sending stock prices (SPX)(DJIA) soaring or tumbling.
- MarketWatch
Powell says changes to Fed’s inflation-fighting framework will be meaningful
Fed Chairman Jerome Powell said Wednesday that changes to the Fed’s inflation framework, to be announced next year, will be meaningful.
- MarketWatch
Treasury yields drop as Fed and Powell suggests rates will remain low
U.S. Treasury yields retreated on Wednesday after the Federal Reserve’s policy statement and interest-rate projections indicated the central bank would keep rates at current levels next year.
- MarketWatch
Fed signals no change in interest rates in 2020 in more upbeat view of the economy
The Federal Reserve Wednesday signaled it is more upbeat about the economy and policy is on hold for now.
- Benzinga
Fed Stands Pat: Leaves Rates Unchanged And Hints It Might Stay That Way Awhile
After three rate cuts in a row, the Fed decided to leave things alone Wednesday and take a little time to see how things play out heading into the new year. The Fed’s decision to keep its benchmark Fed funds rate at a steady 1.5% to 1.75% likely didn’t come as a big surprise to anyone following the market lately. “The Committee judges that the current stance of monetary policy is appropriate to support sustained expansion of economic activity, strong labor market conditions, and inflation near the Committee’s symmetric 2 percent objective,” the statement said.
- MarketWatch
Fed's Powell says central bank could buy shorter-term coupon debt
Federal Reserve Chairman Jerome Powell said on Wednesday that the central bank could potentially expand its Treasury bill purchasing program, if necessary, to include shorter-term coupon-bearing securities, while speaking in a news conference after the Fed said it would hold rates steady at 1.5% to 1.75%. Powell said that, for now, the Treasury's current pace of bill purchases of $60 billion per month was sufficient. The buying began in October and will continue through at least the second quarter of next year. The moves are intended to inject reserves back into the financial system, which may have held back banks from lending their funds freely to cash-starved market participants. As the central bank raises the level of reserves next year, the volume of the Fed's repo operations should shrink, said Powell. He also added the central bank could tweak the current repo operations to prevent a recurrence of stresses in short-term funding markets.
- MarketWatch
There’s a huge change coming from the Fed (just not today)
The really big news coming from the Fed is likely to be delivered in January, and it will have an impact longer than just a day.
- MarketWatch
Consumer inflation rises again as 12-month rate hits one-year high, CPI shows
U.S. households paid more for energy, health care and rent in November, pushing the rate of consumer inflation up to the highest level in a year. The consumer price index rose 0.3% last month.
