Government debt
10-year Treasury yield rises with all eyes on the U.S. election
A specialist trader works inside a post on the floor at the New York Stock Exchange on Oct. 23, 2024. Brendan McDermid | Reuters Treasury yields rose in early trading Tuesday evening as investors awaited results from the tight presidential race between Vice President Kamala Harris and former President Donald Trump. The 10-year Treasury yield traded 7 […]
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Eyeing U.S. election, China considers over $1.4 trillion in extra debt over next few years, Reuters reports
This photo taken on September 24, 2023, shows residential buildings in Chongqing, in southwest China. Stringer | Afp | Getty Images China is considering approving next week the issuance of over 10 trillion yuan ($1.4 trillion) in extra debt in the next few years to revive its fragile economy, a fiscal package which is expected to be further bolstered if Donald Trump wins the U.S. election, said two sources with […]
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Stock futures are little changed after S&P 500 snaps 3-day losing streak: Live updates
Traders work on the floor of the New York Stock Exchange on Oct. 22, 2024. Spencer Platt | Getty Images S&P 500 futures are muted Thursday night after the broad index ended a three-day negative streak. Futures tied to the broad index added less than 0.1%, as did Nasdaq 100 futures. Dow Jones Industrial Average […]
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S&P 500 futures are little changed after stocks pull back to start new week: Live updates
Traders work on the floor of the New York Stock Exchange during morning trading on September 23, 2024 in New York City. Michael M. Santiago | Getty Images Stock futures are modestly higher on Monday night, following a losing day on Wall Street as rising oil prices and bond yields weighed on markets. Dow Jones […]
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Here’s how to position your fixed income portfolio for lower rates, according to strategists
The U.S. Federal Reserve made a big interest rate cut to kick off its first easing cycle in four years. What does this mean for fixed income? Since the Fed started hiking rates four years ago, cash has poured into short-term money markets such as Treasury bills as they offered attractive yields with rising rates. […]
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Treasury yields rise as traders await Powell remarks
The U.S. 10-year Treasury rose on Thursday as investors looked ahead to remarks from Federal Reserve Chairman Jerome Powell. The yield on the 10-year Treasury climbed more than 5 basis points at 3.835%, while the yield on the 2-year Treasury added roughly 5 basis point higher at 3.976%. Yields and prices move in opposite directions. […]
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10-year Treasury yield dips as traders weigh state of U.S. economy after latest data
U.S. Treasury yields were lower Friday as investors continued to assess the state of the U.S. economy after labor data buoyed sentiment. The yield on the 10-year Treasury was around 6 basis points lower at 3.938% at 8:57 a.m. ET, nonetheless holding near the level it was at last week before a weak U.S. jobs report helped trigger […]
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Warren Buffett now owns more T-bills than the Federal Reserve
Berkshire Hathaway now owns more in Treasury bills than the U.S. Federal Reserve as Warren Buffett builds up his cash fortress to a record level. The Omaha-based conglomerate held $234.6 billion in short-term investments in Treasury bills by the end of the second quarter, while it owned more than $42 billion of cash and cash equivalents […]
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10-year Treasury yield rebounds after hitting its lowest level in more than a year
Treasury yields bounced back on Tuesday as investors closely monitored a reversal of the previous day’s global market sell-off. The yield on the benchmark 10-year Treasury note traded more than 7 basis points higher at 3.855% at 7:08 a.m. ET. It comes after the yield on the 10-year Treasury note on Monday fell to its […]
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Moving out of cash? These are the top-performing fixed income funds so far this year
Get out of cash — that’s what many on Wall Street have been saying since expectations of rate cuts started rising earlier this year. They’re now doubling down on that call, with the U.S. Federal Reserve signaling that it would finally cut rates in September. That would make cash rates less attractive than other parts […]
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