Shares fall and prices rise. It’s painful, but we’re getting back to normal.

Stocks and bonds are falling. Housing is weakened. And I haven’t heard anything about non-replaceable cartoon pentons in three months. Strategists are now turning to really bizarre assets – two I spoke to last week advised buying long-term government bonds. One also said that he preferred stocks of companies that generate money, and he was … Read more

From the Fed to the currency crisis in Europe, here’s what’s behind this sell-off in the financial markets:

Trader on the floor of the NYSE, June 7, 2022. Source: NYSE Stocks fell sharply, bond yields rose and the dollar strengthened Friday as investors heeded the Federal Reserve’s signal that the battle with inflation could lead to much higher interest rates and a recession. The sell-off was global on Friday, in a week in … Read more

2-Year Treasury surpasses 4.2%, 15-year high as Fed drives up short-term rates

Yields moved higher on Friday, with the 2-year Treasury yield reaching a new 15-year high as markets assessed the latest Federal Reserve rate hike and what it means for the economy going forward. The policy-sensitive 2-year Treasury hovered above 4.2%, reaching a 15-year high of 4.266% earlier in the session. It last gained 12 basis … Read more

Fed must raise interest rates by 150 basis points: Wells Fargo

It’s a move that would likely cause panic on Wall Street. But Michael Schumacher of Wells Fargo Securities suggests the Federal Reserve is raising interest rates too slowly, telling CNBC’s “Fast Money” that he would seriously consider a 150 basis point hike this week if he were chairman Jerome Powell. “The Fed knows the destination. … Read more

Treasury yields lower than expected US consumer report

Bond yields fell slightly on Monday as markets waited for data on consumer inflation expectations. The return on the benchmark 10-year Treasury Note was down 2 basis points, trading at 3.295% around 5:40 am ET. The yield on the 30-year government bond fell by about a basis point to 3.44%. The return on the 2-year … Read more

Top concerns of high-net-worth, super-wealthy investors in Asia-Pacific

Singapore has become a hub for private equity in Asia. Roslan Rahman | AFP | Getty Images A new survey by Swiss private bank Lombard Odier finds ultra-wealthy investors in Asia-Pacific are moving away from the wait-and-see attitude they adopted at the start of the pandemic over concerns about market volatility. The survey of 450 … Read more

US Treasury yields fall on economic data

US Treasury yields fell slightly on Tuesday after 2-year yields hit their highest level since November 2007 during the previous session. The yield on the short-term 2-year Treasury fell 2 basis points to 3,405, still higher than the near 15-year high. The return on the benchmark 10-year Treasury fell 5 basis points to 3.06%. The … Read more

10-year Treasury yields in focus amid economic data

Treasury yields fell slightly on Tuesday as investors watched a new batch of economic data and previewed the Jackson Hole economic symposium later in the week. The 10-year Treasury benchmark yield traded about 1 basis point lower at 3.01% at about 5:53 am ET, remaining above the 3% level after falling for the first time … Read more

Government bond yields rise after unemployment claims report

US Treasury yields rose Friday as investors digested the previous day’s data, which showed unemployment claims came in lower, below expectations. The yield on the 10-year Treasury bond was up 4 basis points at 8:30 a.m. ET to 2.926%, while the yield on the 30-year Treasury bond rose about 3 basis points to 3,1728%. Yields … Read more

Treasury returns in focus after strong job growth figures

Treasury yields fell Monday after unexpectedly robust jobs data increased the likelihood of aggressive rate hikes by the Federal Reserve. The benchmark 10-year Treasury yield declined 4 basis points to approximately 2.7993%, while the 30-year Treasury yield declined 2 basis points to 3.0383%. Yields move inversely to prices and a basis point equals 0.01%. That … Read more