|Day's Range||2.85 - 2.90|
|52 Week Range||2.03 - 3.12|
Rates for home loans eased, but with little inventory to buy, owners may choose to remodel their existing homes instead.
Long-dated government bond yields on Friday see their most severe selloff in weeks, extending a recent climb, as investors grappled with President Donald Trump’s comments criticizing domestic monetary policy and that of allies in China and Europe.
Surprise! President Donald Trump took his broadside against the Federal Reserve’s interest-rate increases to Twitter. When his remarks to CNBC on central bank policy were released Thursday, bond traders largely took them in stride. The U.S. yield curve from two to 10 years is steepening by the most since February.
The bond market event that investors need to be following isn't Trump's sudden attack on the Federal Reserve or the rising interest rates that current Fed policy is dictating, but the inverted yield curve, the moment when the spread between the short-term and long-term treasury rates actually inverts. It is always a recession precursor.
Treasury yields briefly rose early Friday after President Donald Trump said in a tweet that China and the European Union were manipulating their currencies and interest rates, even as the U.S.'s dollar and rates were rising, hurting the U.S.'s "competitive edge." The 10-year Treasury note yield (tmubmusd10y) advanced 1.5 basis points to 2.862%. The 30-year bond yield (tmubmusd30y) rose 2.5 basis points to basis point to 2.992%, while the 2-year note yield (tmubmusd02y) was down 0.4 basis point to 2.591%.
U.S. government debt prices were lower on Friday morning, as traders digested criticism of the Federal Reserve from President Donald Trump.
Asian markets wobbled Friday on signs that China and the U.S. were preparing to impose more tariffs on each other's products. KEEPING SCORE: Japan's Nikkei 225 lost 0.5 percent to 22,652.42 and South Korea's ...
U.S. government bonds rose Thursday on the latest signs that inflation remains benign. The yield on the benchmark 10-year Treasury note fell for the first time in four trading sessions, slipping to 2.845% from 2.875% Wednesday.
MARKET PULSE The Dow Jones Industrial Average on Thursday booked its worst daily drop in more than and week and the broader market also finished in the red as lackluster corporate results and fresh concerns about global trade tensions sapped buying enthusiasm on Wall Street.
Treasurys on Thursday afternoon draw bids, pushing debt prices up and yields down, after President Donald Trump said he wasn’t pleased that the Federal Reserve was raising rates, eroding the effects of fiscal stimulus by his administration.
The U.S. yield curve flattened, close to levels not seen in 11 years, on Thursday as upbeat data on the jobs market and business activity reinforced the view of further interest rate increases from the ...
The Dow Jones Industrial Average held on to a firm decline in Thursday afternoon action after an excerpt of an interview with President Donald Trump on CNBC saying he disapproved of recent rate hikes by the Federal Reserve. Trump said he wasn't "thrilled" with the central bank's interest-rate raises which have pushed the federal-funds rate to a range of 1.75% and 2%, with further hikes penciled in possibly for September and December. The Fed has raised rates twice thus far in 2018.
Much like Blanche DuBois in Tennessee Williams’ play “A Street Car Named Desire,” the U.S. has “always depended on the kindness of strangers,” or at least it has for quite a long time. President Donald Trump’s escalation of the trade war between the U.S. and all our major trading partners has raised concerns that foreigners will respond to Trump’s “America First” protectionism by cutting back on their purchases of U.S. debt. Furthermore, Trump’s tariffs may boost inflation in the U.S. by increasing the cost of imports.
The U.S. yield curve flattened, close to levels not seen in 11 years, on Thursday as encouraging readings on jobs and business activity reinforced the view of further increases from the Federal Reserve. ...
Ivan Martchev lays out a strategy for investors who are convinced there will be a serious trade war.
Trading in Treasurys has been unusually muted in recent weeks, with yields traversing a narrow range. But to at least one strategist, this subdued action is evidence that a sharp selloff in the bond market, with yields inversely jumping higher, could in the offing.
SEOUL, South Korea (AP) — Asian stock markets were drifting Thursday in mixed trading as investors awaited further moves in global trade disputes.
So far this year, the Federal Reserve has raised the interest rates twice in effort to prevent inflation while maintaining solid economic growth. This policy makes sense for a number of reasons, including the low unemployment rate, tightening labor market, hastening CPI growth of 2.9%, and recent tax cuts.
Treasury yields rise Wednesday after the Federal Reserve’ Beige Book highlighted growing wage pressures from a tightening labor market.
The bond market these days is about as fun as watching paint dry. The benchmark 10-year Treasury note yield has moved less than 7.7 basis points in July, putting it on course for its smallest monthly range since 1973, according to Bloomberg News. Federal Reserve Chairman Jerome Powell raised a few eyebrows on Wednesday when he told the House Financial Services Committee on his second day of semiannual testimony before Congress that policy makers are “slightly more worried about lower inflation.” That was a bit of a shocker given the Fed has already raised interest rates twice this year and has flagged at least one more before January.
U.S. Treasury yields were little changed on Wednesday with the yield curve remaining near its flattest in nearly 11 years as Federal Reserve Chairman Jerome Powell stayed on message about a healthy economy ...
The U.S. 10-year has been trading in an unusually tight range for 14 sessions, a sign it may be ready to break out in one direction or other. In five prior periods since 2013 where yields traded on a narrow band of 12.6 basis points or less, the 10-year yield broke higher in four of those five instances. The 10-year is the U.S. benchmark rate used to price a variety of business and consumer loans, including home mortgages.
The investing gurus at Pimco are expecting the Federal Reserve to pause its rate hike cycle in order to avoid a lasting inversion of the yield curve