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
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
A construction site with new apartments in newly built apartment buildings. Patrick Pleul | Picture Alliance | Getty Images Germany’s housebuilding sector has gone from bad to worse in recent months. Economic data is painting a concerning picture, and industry leaders appear uneasy. “The housebuilding sector is, I would say, a little bit in a … Read more
Photo taken on January 21, 2024 shows a real estate project under construction in Huai ‘an city, Jiangsu province, China. CFOTO | Future Publishing | Getty Images Policymakers are doing little to soothe concerns surrounding China’s ailing economy, Brian McCarthy, chief strategist at Macrolens told CNBC’s “Street Signs Asia” on Wednesday. “Chinese policymakers are going … 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
Federal Chancellor Olaf Scholz (SPD, r-l), Robert Habeck (Alliance 90/The Greens), Federal Minister for Economic Affairs and Climate Protection, and Christian Lindner (FDP), Federal Minister of Finance, follow the debate at the start of the budget week. Michael Kappeler | Picture Alliance | Getty Images Good news has been sparse for the German economy. And … Read more
A group of renters in the U.S. say their landlords are using software to deliver inflated rent hikes. “We’ve been told as tenants by employees of Equity that the software takes empathy out of the equation. So they can charge whatever the software tells them to charge,” said Kevin Weller, a tenant at Portside Towers … Read more
The 10-year U.S. Treasury yield fell below the key 4% level Wednesday afternoon after Federal Reserve chair Jerome Powell said an interest rate cut wasn’t likely at the March meeting but would likely come later this year. The benchmark yield was down nearly 13 basis points to 3.929%. The yield on the 2-year Treasury fell … Read more
Adena Friedman, CEO & Board Chair NASDAQ, speaking on CNBC’s Squawk Box at the WEF Annual Meeting in Davos, Switzerland on Jan. 16th, 2024. Adam Galici | CNBC Nasdaq CEO Adena Friedman believes the Federal Reserve should be wary of cutting interest rates too soon. Speaking at a CNBC-moderated panel at the World Economic Forum in … Read more
The 10-year U.S. Treasury yield rose above 4.06% Thursday after the latest inflation reading came in hotter than expected, pushing expectations for an interest rate cut from the Federal Reserve further out. The yield on the 10-year Treasury note rose more than 3 basis points at 4.062%. It has been hovering around the 4% mark … Read more
