10- and 2-year Treasury yields are falling as traders begin the new quarter

Yields on 10- and 2-year Treasuries fell Monday as markets entered a new quarter and investors looked for new economic data. The 10-year Treasury benchmark fell 2 basis points to 3.778% around 6:30 a.m. ET. The return on the policy-sensitive 2-year Treasury was 4.192%, a decrease of approximately 2 basis points. Yields and prices have … Read more

The week that was for Prime Minister Liz Truss and the British economy

The UK economy is in dire straits just three weeks after Prime Minister Liz Truss took the top position. And that period includes the 10-day national mourning period following the death of Queen Elizabeth II. To be fair, the country’s finances were not looking bright with inflation at its 40-year high and the economy threatening … Read more

Shares fall and prices rise. It’s painful, but we’re getting back to normal.

Stocks and bonds are falling. Housing is weakened. And I haven’t heard anything about non-replaceable cartoon pentons in three months. Strategists are now turning to really bizarre assets – two I spoke to last week advised buying long-term government bonds. One also said that he preferred stocks of companies that generate money, and he was … Read more

From the Fed to the currency crisis in Europe, here’s what’s behind this sell-off in the financial markets:

Trader on the floor of the NYSE, June 7, 2022. Source: NYSE Stocks fell sharply, bond yields rose and the dollar strengthened Friday as investors heeded the Federal Reserve’s signal that the battle with inflation could lead to much higher interest rates and a recession. The sell-off was global on Friday, in a week in … Read more

2-Year Treasury surpasses 4.2%, 15-year high as Fed drives up short-term rates

Yields moved higher on Friday, with the 2-year Treasury yield reaching a new 15-year high as markets assessed the latest Federal Reserve rate hike and what it means for the economy going forward. The policy-sensitive 2-year Treasury hovered above 4.2%, reaching a 15-year high of 4.266% earlier in the session. It last gained 12 basis … Read more

Fed must raise interest rates by 150 basis points: Wells Fargo

It’s a move that would likely cause panic on Wall Street. But Michael Schumacher of Wells Fargo Securities suggests the Federal Reserve is raising interest rates too slowly, telling CNBC’s “Fast Money” that he would seriously consider a 150 basis point hike this week if he were chairman Jerome Powell. “The Fed knows the destination. … Read more

2-Year Treasury Yields Hit New 15-Year High

Treasury yields rose Tuesday as traders await the Federal Reserve’s decision on rate hikes, expected to be announced Wednesday. The policy-sensitive 2-year Treasury gained about 3 basis points, reaching 3.977% – a level it hadn’t reached since late 2007. The 10-year Treasury yield rose 5 basis points to 3.539% at 6:15 a.m. ET, trading near … Read more

Treasury yields lower than expected US consumer report

Bond yields fell slightly on Monday as markets waited for data on consumer inflation expectations. The return on the benchmark 10-year Treasury Note was down 1 basis point, trading at 3.3098% around 4.15pm ET. The yield on the 30-year government bond fell below a basis point to 3.4527%. The yield on the 2-year Treasury was … Read more

Top concerns of high-net-worth, super-wealthy investors in Asia-Pacific

Singapore has become a hub for private equity in Asia. Roslan Rahman | AFP | Getty Images A new survey by Swiss private bank Lombard Odier finds ultra-wealthy investors in Asia-Pacific are moving away from the wait-and-see attitude they adopted at the start of the pandemic over concerns about market volatility. The survey of 450 … Read more

US Treasury yields fall on economic data

Treasury yields fell slightly on Tuesday after 2-year yields hit their highest level since November 2007 on Monday. Short-term 2-year Treasury yields fell 1 basis point to 3.417, still above the near 15-year high. The return on the 10-year Treasury benchmark decreased by 4 basis points to 3.0689%. The yield on the 30-year government bond … Read more