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10-Year Yield At 5% Triggers Waves Of Treasury Buyers: Bill Ackman, Technical Indicators Hint At Potential Shift
Monday, October 23, 2023 - 12:19pm | 825It’s another day of intense fluctuations in Treasury bond yields, with particular attention focused on the 10-year Treasury yield. At the start of the week, this crucial benchmark broke through a significant psychological barrier, surging to 5.02%, its highest level since mid-July 2007....
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Peter Schiff Warns Right Now This Is The 'Riskiest' Financial Asset Long-Term: 'Investors Need A New Safe Haven'
Thursday, October 19, 2023 - 11:43pm | 621Notable economist Peter Schiff recently expressed concerns about long-term U.S. Treasuries and suggested gold as the new safe asset for investors. What Happened: Schiff shared his views via a tweet on Wednesday, stating, “Right now one of the riskiest financial assets is long-term U.S....
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30-Year Mortgage Rates Skyrocket To 8%, Highest In Over 2 Decades Amid Treasury Turmoil
Wednesday, October 18, 2023 - 2:55pm | 679The average 30-year mortgage rate skyrocketed to 8% on Wednesday, as indicated by a survey conducted by Mortgage News Daily. This surge was driven by the 30-year Treasury bond yield, which climbed above 5%, reaching its highest point in 17 years. On the same day, the Mortgage Banker Association (...
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Retail Investors Dive Into Bond Market Wave: Treasury ETFs Attract Interest Amid Stock-Like Volatility
Thursday, October 5, 2023 - 4:26pm | 914In the pre-pandemic era, bond investments were largely the domain of institutional funds, shielded from the hustle and bustle of the retail-trading world. And who could blame them. Fixed-income portfolio managers and analysts faced the Herculean task of seeking returns in a global environment...
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VIX Soars To 5-Month High: What Surging Treasury Yields Mean For Stocks
Wednesday, October 4, 2023 - 12:47pm | 977The CBOE Volatility Index, commonly known as the VIX or the “fear gauge” of the stock market, has experienced a notable upswing recently, reaching levels not seen in over five months. This surge in the VIX, which has breached the psychologically significant mark of 20, serves as a...
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Bond Carnage: Long-Term Treasury ETF Tumbles To Lowest Point In 16 Years
Monday, October 2, 2023 - 5:35pm | 622Long-dated Treasuries are experiencing one of the worst bear markets in their history, with more than half of their market value wiped out by the ferocity of inflation and interest rates since the onset of the COVID-19 pandemic. The iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT), often regarded as...
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Moody's Warning Adds Fuel To US Treasuries' Carnage Amid Shutdown Concerns
Monday, September 25, 2023 - 3:50pm | 466The U.S. may face credit assessment implications if the looming government shutdown happens, warns the credit rating giant Moody’s. A government shutdown, if it materialized, would shine a spotlight on the vulnerabilities in U.S. institutional and governance strength when compared to...
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10-Year Treasury Yields Soar To 16-Year Peak Ahead Of Fed's Crucial Rate Announcement
Tuesday, September 19, 2023 - 4:41pm | 533The 10-year Treasury closed Tuesday at 4.37% yield, marking its highest level since Nov. 7, 2007 as investors brace for the upcoming Federal Reserve Open Market Committee (FOMC) rate announcement on Wednesday. September is poised to potentially become the fifth consecutive month of yield increases...
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Peter Schiff Says Rising Bond Yields A Ticking Time Bomb For Stock Investors: 'What Matters Is Not The Rate Itself, But...'
Monday, August 21, 2023 - 9:02pm | 751On Monday, economist and author Peter Schiff cautioned stock market investors about their indifference toward escalating bond yields. What Happened: Schiff expressed his concerns over stock market investors’ apparent disregard for the surge in bond yields. He emphasized that this nonchalance...
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Larry Summers Predicts 10-Year Yields Will Hit 4.75% Or Higher In Next Decade As Economy Shifts To 'New Era'
Wednesday, August 16, 2023 - 3:33pm | 409Lawrence Summers, who previously served as the U.S. treasury secretary in the Clinton administration, has recently voiced concerns regarding the potential rise in 10-year yields, anticipating them to be significantly higher than what we’ve seen in the last 20 years. The expected increase in...
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Hedge Fund Guru Bill Ackman Bets Against US Treasuries, Expects 30-Year Yields To Surge To 5.5%
Thursday, August 3, 2023 - 8:34am | 768Billionaire hedge fund manager Bill Ackman is shorting long-term U.S. Treasuries, specifically targeting the 30-year maturity. His prediction: yields could skyrocket to 5.5%. But why is he making such a high-stakes bet? In a tweet published overnight, the CEO of Pershing Square Capital Management...
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US Credit Rating Cut Triggers Surge In Treasury Yields: 7 ETFs Experience Wild Swings
Wednesday, August 2, 2023 - 4:28pm | 794U.S. Treasury yields experienced a significant surge on Wednesday, influenced by a combination of factors including elevated issuance plans and Fitch’s downgrade of the United States’ sovereign credit rating. The 10-year Treasury note briefly reached a yield of 4.1%, while the yield on...
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Yellen Rebukes Fitch's 'Unwarranted' Downgrade Of US Credit Rating: Treasuries Hit 9-Month Low
Wednesday, August 2, 2023 - 3:00pm | 496U.S. Treasury Secretary Janet Yellen is publicly criticizing Fitch’s decision to downgrade the United States’ credit rating, a move that led to a significant drop in stock prices on Wednesday. The downgrade was deemed “entirely unwarranted” by Yellen. Yellen, during a...
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US Treasury's Trillion-Dollar Problem: Could Rising Yields, Bond Flood Signal Stock Market Storm?
Monday, July 31, 2023 - 1:49pm | 956The U.S. Treasury’s interest expenditures are approaching a whopping $1 trillion, equating to a hefty 4% of the nation’s economy and even surpassing Tesla‘s entire market valuation. These findings are based on the most recent Bureau of Economic Analysis data, which shed light on...
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Federal Deficit Widens 170% From 2022, Setting The Stage For Political Rumble
Thursday, July 13, 2023 - 4:13pm | 508The cost of managing U.S. government debt has seen a significant rise of 25% in the first nine months of the fiscal year, hitting $652 billion and consequently exacerbating the federal deficit. The federal deficit reached a staggering $1.39 trillion for the nine months through June, according to...