Mumbai: Investors can split their money equally across the two tranches of sovereign gold bonds (SGB) announced by the Reserve Bank of India for the second half of the financial year, according to wealth managers. The likelihood of rate cuts in the US as indicated by the Federal Reserve, peaking of the dollar and geopolitical … Read more
Market optimism over the potential for interest rate cuts next year is dangerously overdone, according to former FDIC Chair Sheila Bair. Bair, who ran the FDIC during the 2008 financial crisis, suggested Federal Reserve Chair Jerome Powell was irresponsibly dovish at last week’s policy meeting by creating “irrational exuberance” among investors. “The focus still needs … Read more
The 10-year Treasury note yield slipped Friday, adding to its sharp downturn this week, as traders brace for possible Federal Reserve rate cuts next year. The yield on the 10-year Treasury was lower by less than one basis point at 3.927%. It had fallen below the 4% level for the first time since August on … Read more
Treasury yields fell on Thursday as investors digested guidance issued by the Federal Reserve about the outlook for interest rates as its final policy meeting of the year concluded Wednesday. At 4:34 a.m. ET, the yield on the 10-year Treasury was down by over nine basis points to 3.9357%, below the 4% mark. It was … Read more
The HSBC Holdings Plc headquarters building in Hong Kong, China. Paul Yeung | Bloomberg | Getty Images LONDON — Markets have entered a “new paradigm” as the global order fragments, while heightened recession risk means that “bonds are back,” according to HSBC Asset Management. In its 2024 investment outlook, seen by CNBC, the British lender’s … Read more
Treasury yields dropped on Wednesday, with the yield on the 10-year hitting its lowest level since August after the Federal Reserve held rates steady for a third consecutive meeting and set the stage for three cuts in 2024. The yield on the 10-year Treasury dropped 19 basis points to 4.016%. The last time the 10-year … Read more
The U.S. economy continues to grow despite the 5.5% benchmark federal funds interest rate set by the Federal Reserve in 2023. The Fed’s leaders expect their interest rate decisions to eventually slow that growth. The increase in borrowing costs that stems from Fed decisions does not affect all consumers immediately. It typically affects people who … Read more
U.S. Treasury yields were fractionally higher on Monday, as investors look ahead to this week’s Federal Reserve policy meeting. The yield on the benchmark 10-year Treasury note was 3.1 basis points higher at 4.277%. The yield on the 30-year Treasury bond was 2 basis points higher at 4.35%. Yields move inversely to prices. Traders are … Read more
U.S. Treasury yields were higher on Wednesday as investors assessed the state of the economy after the release of labor market data. At 6:21 a.m. ET, the yield on the 10-year Treasury was up 3 basis points at 4.203%. It had fallen below the 4.2% mark for the first time since early September on Tuesday. … Read more
