Treasury yields rose on Friday, with the two-year yield rising to its highest level since 2007 as Federal Reserve officials suggested the central bank would likely hike its benchmark rate by another 7...
Tag: Debt
Buy US High-Yield Debt as Inflation Hedge, Nuveen’s Malik Says
(Bloomberg) — It’s a good time to put money into assets that benefit from an inflationary environment, such as US high-yield debt, according to Nuveen Chief Investment Officer Saira Malik. Most ...
Europe’s Unfolding Crises Could Impact U.S. Stocks. Here’s How.
U.S. investors are watching the Federal Reserve but the European Central Bank is likely to keep hiking rates to pull down prices, and those moves deserve more attention. Graeme Sloan/Bloomberg Text si...
The stock market’s June lows ‘need to be back in the conversation,’ says top chart watcher
Stock market investors may be facing another bear-market surprise, according to a technical strategy report from BTIG. The S&P 500’s monthly relative strength index is at 48, pointing to the possi...
Paul Volcker didn’t wait for inflation to get back to 2% before pivoting
Paul Volcker is back in the limelight after Federal Reserve Chair Jerome Powell approvingly cited his interest rate-hiking flurry to tame inflation back in the 1970s. But what’s less talked about is t...
Americans are drowning in $16.15 trillion of debt — here’s what that means for the economy and how you can save your own finances
Americans are drowning in $16.15 trillion of debt — here’s what that means for the economy and how you can save your own finances American households added 2% on average to their debt burden in...
Why the ECB’s jumbo rate hike isn’t helping the beaten-down euro
The European Central Bank went big on Thursday, delivering a historically outsize 75 basis-point interest rate increase in its effort to get a grip on record inflation. Yet the euro, after a brief bou...
Inflation expectations are ‘collapsing’ — here’s why that could spur a rebound in stocks
A closely watched U.S. bond-market gauge of near-term inflation expectations has fallen below the Federal Reserve’s 2% target for the first time in two years in a sign that stocks could find some near...
Analyst Warns US Debt Crisis Is Possible — Rising Treasury Yields, Inflation, Stock Market Rout Could Cause ‘Multiple Black Swans’ – Economics Bitcoin News
Wall Street’s major indexes closed the day in red on Tuesday, alongside cryptocurrencies, and precious metals like gold and silver taking some percentage losses. The leading crypto asset bitcoin dropp...
U.K. may be on road to another IMF bailout, strategist warns
Is the U.K. on the road to an International Monetary Fund bailout? That’s the view of Peter Chatwell, head of global macro strategies trading at Mizuho Securities, as expressed in an interview on Bloo...
How to deal when you’re stressed out about credit card debt
london, uk Peter Muller | Image Source | Getty Images Few things cause more financial distress and anxiety than a large slug of high-interest rate credit card debt. Millions of Americans of all income...
2-year Treasury yield sees biggest one-day drop since July after U.S. jobs report
U.S. Treasury yields moved lower Friday, handing the 2-year rate its biggest one-day drop in more than a month, after the August nonfarm payrolls report had traders paring expectations for an aggressi...
Rome’s Financial Volatility to Shock the Eurozone — Hedge Funds Bet $39 Billion Against Italian Debt – Economics Bitcoin News
Hedge funds are betting against Rome’s liabilities as S&P Market Intelligence data indicates investors have amassed a $37 billion short bet against Italian debt. The hedge funds are betting large ...
5 tips for retiring in a volatile market
Retiring is usually accompanied by celebrations and relaxation, but recent market volatility is adding a measure of doubt for those nearing or at the start of their retirement. That volatility, couple...
Dow downgraded again, but high dividend yield keeps analyst from turning bearish
Shares of Dow Inc. inched lower Friday, putting them on track to suffer a sixth-straight loss, after another Wall Street analyst downgraded the chemicals and specialty materials company, citing concer...
‘The psychology has changed so quickly’: Why stock-market lows may be retested as S&P 500 enters its weakest stretch of year
With summer winding down, the U.S. stock market is set up for a potentially shaky fall. “Recession fears are the most likely trigger of a retest of the June lows,” said Ed Clissold, chief U.S. strate...
The US should cancel a lot more than $10,000 in student debt — Quartz
On paper, US President Joe Biden’s student debt cancellation plan looks pretty good. The government will forgive $10,000 worth of student debt for those making under $125,000. That’s nearly a third of...
After a Brutal Bond Selloff, Opportunities Have Emerged for Income Investors
For many years, dividend stocks were one of the few places where investors could find decent yields in a world of ultralow rates. A 10-year Treasury bond was dealing out an emaciated 1.3% a year ago, ...
Bonds enter first bear market in at least 30 years
The bond market has entered its first bear market in more than 30 years — and possibly much longer. The Bloomberg Global Aggregate Total Return Index has now dropped more than 20% below its peak, the ...
6 states could potentially charge borrowers income tax on their forgiven student loan debt
Most borrowers eligible for President Joe Biden’s student loan forgiveness plan will receive the relief tax-free. But residents of a handful of states may be on the hook to pay state income tax on the...
Jeremy Grantham warns ‘tragedy’ looms as stock ‘superbubble’ may burst
A “superbubble” appears dangerously near its “final act” after the recent rally in U.S. stocks lured some investors back into the market just ahead of potential “tragedy,” according to Jeremy Grantham...
Stablecoin Providers Own More US Debt Than Warren Buffett’s Berkshire
A JP Morgan report published this month has revealed that stablecoin issuers such as Tether (USDT), Circle, and other stablecoin firms controlled more Treasury bills compared to Warren Buffett’s Berks...
Opinion: Don’t forget that the big money in stocks is usually made during down markets
The VanEck Semiconductors ETF SMH, -0.90% is down 12%. The Nasdaq Composite Index COMP, -0.29% is down 9%, and the S&P 500 SPX, -0.47%, the Dow Jones Industrial Average DJIA, -0.58% and the Russel...
Biden forgives half a trillion of student debt – a macroeconomic deep dive
Last week, US President Joe Biden made the watershed announcement that up to $10,000 of student debt would be forgiven for qualifying borrowers. This decision has massive implications across the board...
Morgan Stanley warns this corner of the credit market could be first to implode as interest rates rise
Now that Federal Reserve Chairman Jerome Powell has made it abundantly clear that the Fed has no plans to slow the pace of interest-rate hikes, some bond-market experts are warning that the most specu...
The European sovereign debt crisis 2.0
Despite their best efforts, European countries’ governments have so far been unable to curb inflation this year. Russia’s invasion of Ukraine was the spark that finally triggered the crisis that loome...
Tribe kills DAO, overrules vote to pay crypto debt
Fei is an algorithmic stablecoin that launched with an approximate $2 billion market cap, and immediately had stability issues. Eventually, these appear to have been resolved, but the problems for Fei...
Save, Invest, Pay Off Debt
Child Tax Credit 2022 Getty Images Chances are you’ve heard about the child tax credit. Aside from the name, most Americans don’t know how it works, who qualifies, and how it helps you save money. Und...
Preferred stocks can offer hidden opportunities for dividend investors. Just look at this JPMorgan Chase example.
This is shaping up to be a brutal year for bank stocks. But a deeper look can highlight an opportunity for income-seeking investors to make money on banks’ preferred stocks. But the S&P 500 SPX, +...