Evergrande, a Chinese property giant nursing more than $300 billion in debt, remains on the brink of default — sending global equities tumbling Monday as investors, who had previously ignored the situation, sat up and took notice. Fears of a bursting property bubble have long been a concern forRead More →
U.S. Treasury yields traded higher on Tuesday as reports that the spread of COVID-19 may be slowing down helped to cheapen prices for government paper, drawing investors to the Treasury Department debt auction in the afternoon. Federal Reserve Chairman Jerome Powell testified in front of the House Financial Services Committee,Read More →
U.S. Treasury yields fell Thursday, extending their week long drop, as growing concerns about the coronavirus epidemic and the prospect for the World Health Organization to declare it a global emergency kept haven assets in demand. What are Treasurys doing? The 10-year Treasury note yield TMUBMUSD10Y, -0.81% was downRead More →
Long-dated U.S. Treasury yields edged higher Friday after the U.S. Treasury Department announced plans, as had been expected, to issue a 20-year nominal coupon bond in the first half of 2020 to finance a ballooning federal deficit that is nearing 5% of gross domestic product. However, yields have been little-changedRead More →
U.S. Treasury yields fell Thursday in the first trading session of 2020, which saw stock indexes surge to new highs, fears of a global economic slowdown subside and optimism hold about a partial resolution to the U.S.-China trade war. Most global markets were closed Wednesday for the New Year’s holiday.Read More →
U.S. Treasury yields on Tuesday edged up slightly as Wall Street prepared to close out the final trading session of 2019, which has been marked by strong rallies for stock markets and a Federal Reserve that has supported gains in both bonds and equities. Bond and stock markets will beRead More →
U.S. Treasury yields came off their highs to close mostly flat on Thursday after brisk bidding for a debt auction in the afternoon, a sign that investors are still hungry for bonds despite worries that this year’s strong rally across all fixed-income assets have made their valuations expensive. With EuropeanRead More →
U.S. Treasury yields rose Monday in a holiday-truncated week as traders made room for a sale of short-term government debt in the afternoon. Analysts warned that trading volumes is thinning out as investors vacate their offices for Christmas. What are Treasurys doing? The 10-year Treasury note yield TMUBMUSD10Y, +0.64% Read More →
U.S. Treasury yields slipped for a second day early Tuesday, as stock futures gave back ground again, with a auction for the bond-market’s benchmark maturity in the afternoon. What are Treasurys’ doing? The 10-year Treasury note yield TMUBMUSD10Y, -0.67% retreated 2.8 basis points to 1.803%, while the 2-year noteRead More →
It’s less taxing to retire to Wyoming. While retirees flock to Florida in part for its tax-friendliness, those who really want to save big on their tax bill may want to head west. An analysis released this week by the personal-finance publisher Kiplinger revealed that the state of Wyoming wasRead More →
The eurozone economy keeps slowing — forecasts are regularly proving to be too optimistic. After its latest cut to GDP estimates, the European Central Bank now sees gross domestic product growing 1.1% this year and 1.2% in 2020, compared with projections issued in June for 1.2% GDP in 2019 andRead More →
U.S. Treasury yields held their ground on Friday as investors looked ahead to the official scorecard of the labor market’s health, amid growing questions about the longevity of the recordlong economic expansion. What are Treasurys doing? The 10-year Treasury note yield TMUBMUSD10Y, -0.22% was down 0.7 basis point to 1.529%,Read More →
U.S. Treasury yields climbed Wednesday as President Donald Trump suggested he could be close to striking a trade deal, contributing to stock gains and weighing on demand for haven assets. Investors had been fleeing risky assets late Tuesday after the leader of the House said she would support an impeachmentRead More →
Treasury yields fell Monday ahead of the Federal Reserve’s midweek meeting that is expected to result in a rate cut of at least 25 basis points. What are Treasurys doing? The 10-year Treasury note yield TMUBMUSD10Y, -0.34% fell 2.5 basis points to 2.056%. The 2-year note yield TMUBMUSD02Y, -0.21% wasRead More →
Treasury yields surged Friday trading after the June jobs report showed the U.S. labor market was still holding up despite global growth headwinds, leading to a partial reversal of bets the Federal Reserve would cut rates several times this year. What are Treasurys doing? The 10-year Treasury note yield TMUBMUSD10Y,Read More →
Treasury yields rose Monday after a meeting between President Donald Trump and Chinese leader Xi Jinping over the weekend led to a temporary cessation of trade hostilities between the two parties. What’s driving Treasurys? The 10-year Treasury note yield TMUBMUSD10Y, +1.03% rose 3.2 basis points to 2.033%, while the two-yearRead More →
Treasury prices fell Tuesday, pushing yields higher, with a modest rise in stocks sapping demand for government paper. The 10-year Treasury note yield TMUBMUSD10Y, +1.38% climbed 3.7 basis points to 2.590%. The 2-year note yield TMUBMUSD02Y, +0.18% was up 0.3 basis point to 2.394%, while the 30-year bond yield TMUBMUSD30Y,Read More →
The yield curve is first and foremost predicting the outlook for Fed policy rather than the next recession. My research has confirmed this conclusion, as does a recent Fed study. In my recent book, Predicting the Markets, I wrote: “The Yield Curve Model is based on investors’ expectations of how theRead More →
Before the days of income and estate taxes, adult children often just moved into the family home after their parents died. Unfortunately, it’s not that simple anymore. There are several ways to give a home to your child. And a few are tax-free. But to get the best tax results,Read More →
Treasury yields on Friday mostly rose for the day, pushing government bonds to the best weekly gains in about a month as investors looked past bonds to riskier assets while digesting apparent progress in Sino-U.S. tariff negotiations. What did yields do? The 10-year Treasury yield TMUBMUSD10Y, +0.00% added 0.7 basisRead More →
Treasury yields came off their intraday lows Thursday after sloppy results for a bond auction weighed on trading for government paper. The 10-year Treasury note yield TMUBMUSD10Y, +0.95% was mostly unchanged at 2.731%, after bouncing off a session low at 2.680%, while the two-year note yield TMUBMUSD02Y, -0.16% wasRead More →
