|Bid||0.00 x 900|
|Ask||0.00 x 1300|
|Day's Range||74.80 - 75.30|
|52 Week Range||72.76 - 78.88|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.30%|
Benchmark Treasury yields rose as the U.S. Treasury Department is in the midst of selling off $34 billion worth of 3-year Treasury notes. The benchmark 10-year Treasury yield rose to 2.971 while the 30-year ...
The month of August started off on a shaky note for Wall Street with Fed imposed rising rate concerns and severity in the U.S.-Sino trade relations coming to the forefront.The Trump administration is reportedly considering a hike in tariffs from 10% to 20% on $200 billion worth of Chinese goods, after a 25% tariff announcement on $50 billion worth of goods.Source: Shutterstock
The capital markets are bracing themselves ahead of a Federal Open Market Committee meeting on Tuesday and a subsequent monetary policy announcement on Wednesday, which should give indications on the current state of the economy. Meanwhile, benchmark Treasury yields gained--the 10-year rose to 2.973% as of 2:45 p.m. ET and the 30-year yield ticked up to 3.102%. The meeting comes before the Department of Commerce stated last week that gross domestic product grew by 4.1% in the month of June--its fastest since the third quarter of 2014 and the third-best growth rate dating all the way back to the Great Recession.
Despite the U.S. gross domestic product meeting economic forecasts with a 4.1 percent growth rate in the second quarter, Treasury yields fell today with the benchmark 10-year Treasury down to 2.962 as of 2:00 p.m. ET. Similarly, the 30-year Treasury yield dropped down to 3.089.
According to an article on Forbes, Canadian businessman and “Shark Tank” reality television show personality Kevin O’Leary based his investing principles on lessons espoused by his mother who built a successful ...
Nobody wants to hear talk of a recession, but the word is starting to creep into financial markets lexicon more often than not lately with economists warning that the bull run since the recovery from the ...