El-Erian and Krugman can’t shake off their market fears

Traders work on the floor of the New York Stock Exchange during morning trading on February 29, 2024 in New York City.  Michael M. Santiago | Getty Images A new day, a new all-time high. From stocks to bitcoin, asset classes across the board have been hitting uncharted territories. Why? There are a few reasons … Read more

Why China, Japan and the Fed are shaking up the $26 trillion U.S. Treasury market

When investors think of the financial markets, the first thing that likely comes to mind is the stock market. But there is a bigger, less-flashy counterpart to the equity market: the bond market. At the heart of the fixed income space lies U.S. Treasurys, one of the safest investments in the world. “We have not … Read more

U.S. Treasury yields rise after PPI

U.S. Treasury yields climbed on Friday after January wholesaler prices came in higher than expected. The yield on the 10-year Treasury was 6 basis points higher to 4.295%, just under the closely watched 4.3% level. The 2-year Treasury yield was last trading at 4.66% after rising by 9 basis points. At one point, the yield … Read more

Treasury yields nudge higher ahead of key data releases

U.S. Treasury yields nudged slightly higher on Tuesday, as market participants await the release of key economic data points later in the week. At 5:52 a.m. ET, the yield on the benchmark 10-year Treasury note was around 3 basis points higher at 4.128% while the yield on the 30-year Treasury bond was up around 2.9 … Read more

Investors look to fresh economic data

The 10-year Treasury yield inched lower Wednesday after briefly topping the 4% mark as investors bet that perhaps the Federal Reserve wouldn’t cut rates as aggressively as hoped for this year. The 10-year Treasury yield was last down about a basis points to 3.932, after touching above the key 4% mark earlier in the morning. … Read more

Markets will see a ‘year for non-consensus’ in 2024, strategist says

Traders work on the floor of the New York Stock Exchange. NYSE Stocks could be in for a rough year while the U.S. 10-year Treasury yield is set to jump back above 5% in what may become a “year for non-consensus,” according to one technical strategist. The S&P 500 finished 2023 up 24.23% after a … Read more

investors prepare for the new year ahead

U.S. Treasury yields were higher on Friday as investor attention remained focused on the path ahead for the economy and monetary policy. At 4:11 a.m. ET, the yield on the 10-year Treasury was up over two basis points to 3.8753%. The 2-year Treasury yield was last around one basis point higher at 4.2911%. Yields and … Read more

investors weigh 2024 interest rate outlook

U.S. Treasury yields were mixed on Wednesday, as investors considered the outlook for monetary policy and financial markets for the coming year. At 3:56 a.m. ET, the yield on the 10-year Treasury was down by over one basis points to 3.8667%. The 2-year Treasury yield was almost flat, last trading at 4.2891%. Yields and prices … Read more

Treasury yields fall as recent trend continues

The 10-year U.S. Treasury yield retreated on Tuesday, reversing course from the previous day’s trade and continuing a general downward trend over the past week. The yield on the benchmark 10-year note was down 4.5 basis points at 3.9089%, having fallen below 4% on Thursday to hit its lowest point since July. Yields move inversely … Read more

10-year Treasury yield rises to start the week

The 10-year Treasury note yield rose Monday to start the last full trading week of 2023. The yield on the 10-year Treasury was more than 2 basis points higher at 3.954%. On Thursday, the yield fell below the 4% level, hitting its lowest since July. The 2-year Treasury yield was little changed at 4.459%, below … Read more