Republican presidential candidate, former U.S. President Donald Trump speaks during a Fox News town hall at the Greenville Convention Center on February 20, 2024 in Greenville, South Carolina. Justin Sullivan | Getty Images Donald Trump is racing to stave off a pair of civil penalties totaling nearly $540 million — without having to first put … Read more
Investors should move out of cash and into fixed income with some duration, said Franklin Templeton’s chief market strategist, Stephen Dover. “Inflation probably won’t get quite as low as market expectations and interest rates won’t drop quite as far as market expectations,” Dover said, adding that “this is is an opportunity, particularly in the fixed … Read more
U.S. Treasury yields inched lower on Thursday after the latest inflation data was in line with predictions. The 10-year Treasury yield fell nearly 4 basis points to 4.236%. The yield on the 2-year Treasury declined almost 2 basis points to 4.629%. Yields and prices have an inverted relationship and one basis point equals 0.01%. January’s … Read more
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
The craze for India’s booming bond market has reached as far as South Korea, where a bond fund that’s been mostly dormant for a decade is suddenly getting lots of interest. Mirae Asset Management Co.’s fund dedicated to Indian debt has grown to about 32 billion won ($22.5 million) from 24 billion won at the … Read more
U.S. Treasury yields slipped Tuesday after a large drop in durable goods orders raised some questions about the stability of the economy. The moves were muted as investors awaited a key inflation report later in the week. At 8:36 a.m. ET, the yield on the 10-year Treasury yield was down by more than 2 basis … Read more
New Delhi: The Mistry family, promoters of Shapoorji Pallonji (SP) Group, is looking to raise ₹15,000 crore in five-year loans against cash flows in their real estate business to replace high-cost debt, according to people with knowledge of the matter. The funds will be used to redeem bonds issued three years ago that have onerous … Read more
Overseas investors are pouring more money into India’s sovereign bonds than stocks, drawn by their relatively lower valuations and upcoming inclusion into global debt indexes. Global funds have plowed a net $4.1 billion into the nation’s debt since Jan. 1, with government securities luring the bulk of the flows ahead of their addition to JPMorgan … Read more
U.S. Treasury yields climbed on Friday after January wholesaler prices came in higher than expected. The yield on the 10-year Treasury was over 8 basis points higher to 4.322%, above the closely watched 4.3% level. The 2-year Treasury yield was last trading at 4.703% after rising by more than 13 basis points. At one point, … Read more
The 10-year U.S. Treasury yield topped 4% on Friday after a surprisingly strong jobs report that showed continued strength in the economy, but raised questions on when the Federal Reserve can cut interest rates. The yield on the 10-year Treasury shot up by 16 basis points to 4.02%. The 2-year Treasury yield climbed 17.4 basis … Read more
