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Housing Demand Falls As Average 30-Year Mortgage Rate Above 7%
Monday, January 13, 2025 - 7:26pm | 421Mortgage rates last week reached their highest levels since July 2024 with the average 30-year fixed mortgage rate staying above 7%, according to Bankrate. Experts see rates remaining elevated through the first six months of 2025. The Details: Mortgage rates have climbed higher following...
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Trump Victory-Led Rally In Stocks Shrugged Off Rise In Yields, But Analyst Says If Treasuries 'Don't Find A Ceiling…It Will Become A Problem': Here's What It Means For Investors
Monday, November 18, 2024 - 6:48am | 801The victory of President-elect Donald Trump accompanied by stronger-than-expected economic data has been able to shrug off the worries from the rise in Treasury yields as the S&P 500 Index, which fell by 2.3% last week at 5,870.62 is still higher than its pre-election levels of 5,712.69 points...
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Peter Schiff Issues Dire Warning Amid Rising Treasury Yields, Cites 1987 Stock Market Crash: 'The Current Rate Rise Is A Much Greater Risk'
Wednesday, October 25, 2023 - 9:11pm | 659Economist Peter Schiff has fired a warning shot at investors, drawing parallels between the current market conditions and the 1987 stock market crash. What Happened: In a recent tweet, Schiff compared the current rise in Treasury yields to the situation in 1987 when the yield on 10-year Treasuries...
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PIMCO Co-Founder Bill Gross Says 10-Year Treasury Yield Could Spike To 5% Soon
Wednesday, October 4, 2023 - 3:16am | 452Renowned investor and the former PIMCO co-founder, Bill Gross anticipates the 10-year Treasury yield could reach 5%. According to a CNBC report, Gross attributes this to an oversold market due to increased anticipation of Treasury supplies and prolonged higher rates from the Federal...
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US Treasury Yield Remains Inverted After Solid Jobs Number: Will The Economy Tip Into A Recession?
Friday, August 5, 2022 - 12:34pm | 269The U.S. Treasury Yield Curve remained inverted as the employment situation report for July was reported, announcing 528,000 jobs added to the economy. Although unemployment is back to pre-pandemic lows of 3.5%, an inverted yield curve is a leading indicator that the economy is heading for a...
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10-Year Treasury Bond Yield Falls Below 1% For The First Time Ever
Tuesday, March 3, 2020 - 5:45pm | 326The 10-year U.S. Treasury bond yield fell below 1% for the first time ever on Tuesday as investors continued to react to the spreading COVID-19 outbreak and the Federal Reserve made an emergency interest rate cut trying to stave off economic effects from the epidemic. Flight To Bonds With the cut...
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Airline, Hotel, Casino Stocks Likely To Be In Focus As Coronavirus Worries Continue
Friday, February 28, 2020 - 12:17pm | 2278What the market has been doing this week is repricing where it thinks earnings should be in light of the hit to global economic growth that is expected from the coronavirus. With the outbreak continuing to spread worldwide, the market is continuing its downward spiral this morning. The shunning of...
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Wednesday's Market Minute: What To Watch For Today
Wednesday, June 12, 2019 - 9:37am | 329As the 10-Year yield continues to slide from 7-year highs reached in October of 2018, stocks have stabilized and are only about 2% below all-time highs. The divergence between the two has widened to multi-year levels as the bull run in equities gets long in the tooth. Stocks rose sharply in the...
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How Treasury Yields Are Affecting Some Dividend ETFs
Tuesday, March 1, 2016 - 9:28am | 592It is a song that has been played on a loop this year. Ten-year Treasury yields are off 23.3 percent— a decline that has helped make utilities the best-performing sector. With utilities being the best-performing S&P 500 sector, some dividend ETFs that emphasize high-yield stocks are...