Bonds
Russia attempts last-ditch dollar bond payments to try to avert historic default
Russia faces renewed threat of debt default on May 4, according to major ratings agencies, as the grace period comes to a close after it attempted to service its dollar bond payments in Russian rubles. Mikhail Tereshchenko | Sputnik | via Reuters Russia’s Finance Ministry said Friday that it had attempted overdue dollar payments on […]
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Want to retire early? Here’s where the pros say to invest to make it happen
Three experts gave CNBC the lowdown on how to invest if you want to retire within the next 10 years. Source
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The 10-year Treasury yield is getting closer to 3%. Here’s what that means for your money
d3sign | Moment | Getty Images As the yield on the 10-year U.S. Treasury pushes ever closer to 3% — a symbolic level not seen since late 2018 — financial analysts have described how it could affect people’s finances in a number of ways. Last week, the 10-year rate hit 2.94%, its highest point in […]
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5-year Treasury yield hits 3% following Powell’s comments on rate hikes
The 5-year U.S. Treasury yield topped 3% on Friday, after Federal Reserve Chairman Jerome Powell’s suggestion that a 50-basis-point rate hike could be in the cards in May. The yield on the 5-year Treasury note was last down 4 basis points at 2.937%. Earlier in the day it climbed as high as 3.05% and was […]
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As the U.S. 10-year Treasury yield keeps climbing, here’s what it means for China
BEIJING — The U.S. 10-year Treasury yield has risen rapidly to three-year highs, erasing its gap with its Chinese counterpart, something that hasn’t happened for more than a decade. As the yields cross paths – the U.S. one rising above China’s – that theoretically reverses an investment strategy that bought Chinese bonds for the greater return they offered […]
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A brutal bond market sell-off wreaks havoc on one of fixed income’s most popular ETFs
Things are getting pretty bad for 30-year Treasury bonds, the prices for which are plumbing depths not seen since the early days of the Covid crisis. Source
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China’s property sector could be turning around, but red-hot growth may be a thing of the past
Investor confidence in China’s real estate market appear to be boosted by the government’s promise to support the sector and some loosening of policies. But analysts say China’s high-growth property market may be a thing of the past. Getty Images | Getty Images News | Getty Images The tide may be turning on China’s battered […]
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Market will break out of slump due to peaking inflation, Evercore ISI predicts
The market slump may be in its final innings. According to Evercore ISI’s Julian Emanuel, stocks should start grinding higher due to peaking inflation. He cites a positive trend going back to the last time stocks and bonds fell together: 1994. “The market just sort of digested it, and there was a lot of sideways […]
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Worried about rising inflation? With nearly risk free I bonds soon to pay 9.62%, here’s what you need to know
Eakgrunge | Istock | Getty Images Less risk often means lower returns. But that’s not the case with I bonds, an inflation-protected and government-backed asset, which may soon pay an estimated 9.62%. I bonds currently offer 7.12% annual returns through April, and the rate may reach 9.62% in May based on the latest consumer price index data. Annual […]
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Big banks’ earnings and a hot inflation report could sway markets in short holiday week
A trader on the NYSE, March 11, 2022. Source: NYSE Markets face what could be a hot inflation report in the week ahead and a batch of big bank earnings to start the earnings season. JPMorgan Chase and BlackRock kick off the financial industry’s first-quarter earnings releases Wednesday, with Citigroup, Wells Fargo, Morgan Stanley and […]
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