U.S. Treasury yields were little changed on Wednesday as investors assessed the state of the economy after the release of labor market data. The yield on the 10-year Treasury was less than 1 basis point higher at 4.174%. It had fallen below the 4.2% mark for the first time since early September on Tuesday. The … Read more
U.S. Treasury yields were slightly higher on Tuesday, as investors awaited the release of economic data that could provide hints about the economic outlook. The 2-year Treasury yield was up by about 3 basis points at 4.885%. The 10-year Treasury yield was 2 basis points higher at 4.4%. Yields and prices have an inverted relationship, … Read more
Wells Fargo Securities is officially out with its 2024 stock market forecast. Chris Harvey, the firm’s head of equity strategy, sees a volatile path to his S&P 500 to 4,625 year-end target. “It’s really hard to get excited. If we have better [economic] growth, then the Fed doesn’t do anything,” he told CNBC’s “Fast Money” on … Read more
U.S. Treasury yields fell on Tuesday as key inflation figures showed a surprisingly soft change in prices last month. The 10-year Treasury yield fell nearly 18 basis points to about 4.45%. The 2-year Treasury yield fell more than 19 basis points to under 4.9%. Yields and prices move in opposite directions and one basis point … Read more
U.S. Treasury yields ticked lower Friday after rising to multiyear highs a day earlier as investors digested comments by Federal Reserve Chairman Jerome Powell. The yield on the 10-year Treasury fell to 4.907%, down around 8 basis points. The 2-year Treasury yield was trading around 5.071%, falling around 10 basis points. On Thursday, the 10-year Treasury yield topped 5% … Read more
U.S. Treasury yields rose on Wednesday with the 10-year hitting a fresh multiyear high as investors digested the latest economic data and considered the outlook for Federal Reserve interest rates. The 10-year Treasury yield gained nearly 7 basis points to 4.911%, putting it above 4.9% for the first time since 2007. Meanwhile, the 2-year Treasury … Read more
U.S. Treasury yields rose Friday, with the 10-year nearing a 16-year high after the latest jobs data came in stronger than economists anticipated. The yield on the 10-year Treasury was up by 13 basis points at 4.851%. It had hit a fresh 16-year high earlier in the week, rising as high as 4.884%. The yield … Read more
JPMorgan’s Marko Kolanovic is bracing for a 20% sell-off to hit the S&P 500. According to the Institutional Investor hall-of-famer, high interest rates are creating a breaking point for stocks — and choosing cash at a 5.5% return in money market and short-term Treasurys is a key protection strategy right now. “I’m not sure how … Read more
Long-duration Treasury yields rose again on Thursday as investors awaited a key jobs report to gauge the path of monetary policy. The yield on the 10-year Treasury slipped 2 basis points to 4.712%. It had risen as high as 4.884% on Wednesday, hitting a 16-year high. The yield on the 30-year Treasury was marginally down … Read more
Traders watch prices in the Ten-Year Treasury Note options pit at the CME Group. Getty Images U.S. Treasury yields were little changed Wednesday, with the 10-year Treasury yield trading around levels last seen in 2007, as investors fretted over the potential for tighter Federal Reserve monetary policy for longer than expected. At 5:13 a.m. ET, … Read more