Treasury yields were flat Thursday as traders parsed through new U.S. inflation data in search of clues on when the Federal Reserve may start cutting interest rates. The 10-year Treasury yield inched up 1 basis point at 4.572%. The 2-year Treasury yield was last at 4.942% after falling by nearly 3 basis points. Yields and … Read more
The 10-year Treasury yield jumped back above 4.5% on Wednesday after March inflation data came in hotter than expected, adding to the likelihood of higher-for-longer interest rates from the Federal Reserve. The yield on the 10-year Treasury was last higher by more than 14 basis points at 4.509%. The yield on the 2-year Treasury was … Read more
The Federal Reserve may have new incentives in the second quarter to cut rates deeper this year. Canaccord Genuity’s Tony Dwyer thinks a deteriorating jobs market and easing inflation will ultimately push the Fed to act. “I’m not saying that they have to go back to zero, but they have to be more aggressive,” the … Read more
The window for interest rate cuts may be closing. On the eve of the Federal Reserve’s two-day policy meeting, Wall Street forecaster Jim Bianco believes the central bank will likely stay on hold until next year. “I’m in the camp that the Fed does not change policy in the summer of an election year,” the … Read more
U.S. Treasury yields climbed Thursday after hotter-than-expected wholesale inflation report worried traders about its potential impact on Federal Reserve policy going forward. Yields on the 10-year Treasury note rose about 11 basis points to 4.298%, while the 2-year Treasury yield was last at 4.69%, up about 6.5 basis points. Yields and prices move in opposite … Read more
The 10-year U.S. Treasury yield was near flat on Friday after the February jobs report showed solid employment growth but also an increase in the unemployment rate. The yield on the 10-year Treasury was less than 1 basis points lower at 4.085%. The 2-year Treasury yield was last down by about 3 basis point at … 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
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
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
Evercore ISI’s Julian Emanuel thinks Nvidia’s monster rally is fueling a fear of missing out in the market. He finds clients, including many who traded through the dot-com boom and subsequent collapse, are more worried about being underinvested than overexposed right now. “That’s the first time that’s happened since 2021 for us,” the firm’s senior … Read more
