Treasury yields
Jerome Powell Offered Markets a Reprieve. It Vanished in a Blink
Business
(Bloomberg) — Traders on Wall Street cheered on Wednesday when Federal Reserve Chair Jerome Powell signaled he didn’t see oncoming interest-rate hikes ...
Stocks Fall After Pay Data Fuel Hawkish Fed Wagers: Markets Wrap
Business
(Bloomberg) — Stocks joined losses in bonds after a report showing surprisingly high labor costs reinforced speculation the Federal Reserve will be ...
Wall Street Humbled as Fast-Reversing Markets Confound the Pros
Business
(Bloomberg) — With inflation up, economic growth down and two-year Treasury yields testing 5%, Bill Gross sensed the music in markets was ...
US stocks tumble after Meta’s reality check, soft GDP print
Business
Stocks fell on Thursday after a sharply lower-than-expected reading on US GDP for the first quarter ratcheted up questions about the health ...
Stocks dig out of Israel strike-fueled tumble
Business
Stocks opened mostly lower but were digging themselves out of a deeper sell-off on Friday, after Israel’s retaliatory strike on Iran spooked ...
US stocks rise as markets brace for March inflation data and fresh Fed commentary
Business
Michael Nagle/Getty US stocks edged up on Monday as investors prep for inflation data this week. Equities tumbled last week as markets ...
Bond Traders Surrender to Higher-for-Longer Reality From the Fed
Business
(Bloomberg) — Bond investors who were once convinced that the Federal Reserve would start cutting interest rates this week are painfully surrendering ...
Yellen Says Rates ‘Unlikely’ to Return to Pre-Covid Levels
Business
(Bloomberg) — US Treasury Secretary Janet Yellen said it’s “unlikely” that market interest rates will return to levels that prevailed before the ...
S&P 500 hits new record high as investors shrug off sticky inflation data
Business
A hotter-than-expected February inflation print was largely driven by two components: shelter and gas. The shelter index rose 5.7% on an unadjusted ...
Bond Traders Seize on 4% Yields, Confident Fed Rate Cuts Coming
Business
(Bloomberg) — Traders betting on a 2024 bond rally are unfazed by the recent pullback, seeing it as a chance to seize ...
