The 10-year U.S. Treasury yield retreated on Tuesday, reversing course from the previous day’s trade and continuing a general downward trend over the past week. The yield on the benchmark 10-year note was down 5 basis points at 3.907%, having fallen below 4% on Thursday to hit its lowest point since July. Yields move inversely … Read more
The 10-year Treasury note yield slipped further on Monday, as the final full trading week of 2023 gets underway. Traders continue to digest the unexpectedly dovish tone of the U.S. Federal Reserve last week. The central bank held its key interest rate steady and revealed that policymakers were penciling in at least three rate cuts next … 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
European Central Bank (ECB) President Christine Lagarde gestures as she speaks to the media following the Governing Council’s monetary policy meeting at the ECB headquarters in Frankfurt, Germany, December 14, 2023. Kai Pfaffenbach | Reuters The West’s major central banks all kept interest rates unchanged in recent days, but struck very different tones on the … 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
Markets are confused over the odds of a U.S. recession, and “somebody has got it wrong,” according to hedge fund manager David Neuhauser. The CIO of Livermore Partners told CNBC on Monday that many investors are hoping for a “Goldilocks” scenario, in which the economy doesn’t grow too quickly, or shrink too much. “The outlook … 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
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. 1. U.S. stocks climbed higher Thursday morning following three-straight days of declines, with the Magnificent Seven outperforming. The S & P 500 was up 0.7%, while the Nasdaq Composite gained … Read more
Traders work on the floor of the New York Stock exchange during morning trading on November 10, 2023 in New York City. Michael M. Santiago | Getty Images Futures tied to the Dow Jones Industrial Average were near flat on Thursday as Friday’s all-important jobs report loomed. Dow futures dipped 3 points, trading near flat. … 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
