Markets News 

A leading recessionary indicator is flashing red, but investors don’t appear to care … yet

“The yield curve is rather flat but a flat yield curve is not a message that the rally is over” writes Keris Lahiff for cnbc.com. An inverted yield curve is and we’re just not there yet,” Mark Tepper, president of Strategic Wealth Partners, told CNBC’s “Trading Nation” on Thursday.But any worries a flatter yield curve spells the end of this bull run are premature, says one market watcher.The yield curve just narrowed to its flattest level since before the financial crisis.The yield curve has correctly predicted each of the past…

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Treasury yields trim last week’s decline as Turkish currency fears loom over investors

“During a currency crisis, central banks will often lift rates to combat a rapid currency decline to prevent capital from leaving the country” writes Sunny Oh for marketwatch.com. The 2-year note yield TMUBMUSD02Y, +0.15% rose 1.2 basis points to 2.612%, while the 30-year bond yield TMUBMUSD30Y, -0.89% added 2.7 basis points to 3.045%.The so-called repo rate refers to the short-term lending rate that the central bank extends to commercial banks in Turkey.The 10-year Treasury note yield TMUBMUSD10Y, -1.76% was up 1.8 basis points to 2.877%, after it slipped 7.6 basis…

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U.S. bonds rally and global stocks tumble as ECB raises questions about Turkey contagion

“Inflation is a key data point for fixed-income investors because rising inflation can erode the fixed value of debt instruments” writes Mark Decambre for marketwatch.com. Also, rising inflation can cause the Federal Reserve to act more promptly in trying to normalize interest-rate policy to combat out-of-control rising prices and inflation.The 30-year bond yield TMUBMUSD30Y, -1.20%  shed 3.3 basis points to 3.048%, after its sharpest yield decline in a day since June 27.The two-year note yield TMUBMUSD02Y, -0.62% gave up 1.7 basis points to 2.633%, following its biggest daily yield drop…

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Markets News 

U.S. government debt yields fall the most in 5 weeks after inflation report

“The 30-year bond yield TMUBMUSD30Y, -1.21% slipped by 3.7 basis points to 3.081%, representing its sharpest yield decline in a day since June 27” writes Rachel Koning Beals for marketwatch.com. U.S. government debt yields fell the most in weeks on Thursday, reversing course after a reading on inflation came in weaker than expected, helping to support buying of Treasurys and pushing yields sharply lower.Muted inflation, conversely, can stoke appetite for bond purchases as investors bet that inflation will remain subdued for an extended period.Rising inflation is anathema to bonds because…

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Inflation above 2% is ‘nothing to worry about,’ Chicago Fed president says

“His backing of more rate hikes shows the central bank is more united, at least for the next few rate hikes” writes Senior Economics Reporter for marketwatch.com. Evans, who is not a voting member of the Fed interest-rate committee, had been one of the more dovish regional central bank presidents.Inflation is likely to rise above 2% given the strong economy, but price pressures are “not a problem” that would require the U.S. central bank to accelerate the gradual pace of interest-rate hikes, said Charles Evans, the president of the Chicago…

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Gold ekes out back-to-back wins as Treasury yields and the dollar edge back

“The 10-year Treasury note yield TMUBMUSD10Y, -0.47% stood at 2.96% from 2.97 late Tuesday, while the ICE U.S. Dollar Index DXY, -0.04% slipped less than 0.1% lower to 95.16” writes Mark Decambre for marketwatch.com. The dollar index gauges the buck against a half-dozen rival currencies.Gold prices settled slightly higher Wednesday, notching its second straight finish in positive territory as the U.S. dollar and U.S. government bond yields both retreated, providing support for bullion to climb.December gold added $2.70, or 0.2%, to end at $1,221 an ounce. Source: marketwatch.com Share This:

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10-year, 30-year bond yields hit lowest in about 2 weeks as trade tensions linger

“The 30-year bond yield TMUBMUSD30Y, +0.03% , meanwhile, gave up 1.2 basis points to 3.081%, also hitting its lowest rate since July 25” writes Mark Decambre for marketwatch.com. The differential between two-year and 10-year Treasury notes, known as the yield curve, stood at 28.7 basis points, or 0.287 percentage points, 2 basis points narrower from 30.7 basis points on Friday.Concerns that the yield curve could eventually invert, with short-dated yields moving above long-dated yields, is keeping investors on edge.Both the 10-year and 30-year yields have seen three straight sessions of…

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DIMON: 10-year Treasury yield could hit 5%…

“J.P. Morgan Chase chief Jamie Dimon says people should prepare for U.S. yields of 5 percent, warning investors that borrowing costs throughout the economy are likely to rise beyond even his prior forecasts” writes Giulia Marchi for cnbc.com. Though the bank chief previously theorized that the yield on the benchmark 10-year Treasury note could reach 4 percent in 2018, his comments Saturday at the Aspen Institute’s 25th Annual Summer Celebration Gala appeared to reflect his belief in a stronger economy. Source: cnbc.com Share This:

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Crypto Markets News Stocks 

Jamie Dimon warns of 5% Treasury yields but sees stock run lasting a few more years

“Never mind bracing for 4% Treasury yields, Jamie Dimon now says” writes Rachel Koning Beals for marketwatch.com. The 10-year yield is actually back below 3% after piercing this threshold for the first time in four years earlier this year.Dimon said Saturday he had “no interest” in bitcoin, the world’s largest digital currency, the Bloomberg report said.In fact, the yield curve, a measure of market interest-rate expectations, reflects a slightly different view of the economy just now than even a few short weeks ago. Source: marketwatch.com Share This:

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10-year, 30-year government bond yields fall as China trade tensions resurface

“The 30-year bond yield TMUBMUSD30Y, -0.55% meanwhile, gave up 2.5 basis points to 3.068%” writes Mark Decambre for marketwatch.com. The differential between 2-year and 10-year Treasury notes, known as the yield curve, stood at 28.4 basis points or 0.284 percentage points, from 30.7 basis points on Friday.Concerns that the yield curve could eventually invert, with short-dated yields moving above long-dated yields, is keeping investors on edge.The 10-year U.S. government bond yield TMUBMUSD10Y, -0.69% fall 2.3 basis points to 2.929%, following a weekly yield decline of 0.9 basis point, according to…

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