Following the fall of Silicon Valley Bank, a lot of terms are being thrown around on CNBC and elsewhere in discussions about what went wrong. One key term is “duration risk” along the yiel...
Tag: U.S. 10 Year Treasury
Mortgage rates tumble in the wake of bank failures
A residential neighborhood in Austin, Texas, on Sunday, May 22, 2022. Jordan Vonderhaar | Bloomberg | Getty Images The average rate on the popular 30-year fixed mortgage dropped to 6.57% Monday, accor...
Two bond ETF strategies that may help investors profit from rate hikes
Interest rate jitters are meaningfully pushing investors to the shorter end of the yield curve, according to Joanna Gallegos, co-founder of fixed-income ETF issuer BondBloxx. Gallegos, former head of ...
Annuity sales hit record in 2022 amid higher interest rates and fear
Tim Bieber | Photodisc | Getty Images Amid stock market gyrations, recession fears and loftier payouts, consumers last year pumped a record sum of money into annuities, a type of insurance that offers...
JPMorgan’s Kolanovic sees correction, hard landing
JPMorgan’s Marko Kolanovic is abstaining from the early 2023 rally. Instead, the Institutional Investor hall-of-famer is bracing for a 10% or more correction in the first half of this year, tell...
Sharp drop in mortgage rates does little to boost demand
A home for sale in the Mission Hills area of Los Angeles Tuesday, Oct. 11, 2022 in Mission Hills, CA. Brian Van Der Brug | Los Angeles Times | Getty Images Mortgage application volume rose 2.7% last w...
Mortgage rates fall sharply to under 7% after inflation eases
A ‘For Sale’ sign is posted in front of a single family home on October 27, 2022 in Hollywood, Florida. Joe Raedle | Getty Images Mortgage rates fell sharply Thursday after a government re...
What an inverted yield curve means for the economy
Catherine Yeulet | Getty Images What the inverted yield curve means Generally, longer-term bonds pay more than bonds with shorter maturities. Since longer-maturity bonds are more vulnerable to price c...
‘Ugly times’ are pushing record annuity sales. What buyers should know
Izusek | E+ | Getty Images Consumers are funneling money into annuities as the stock market tanks and higher interest rates raise payouts for buyers. Annuity sales in the third quarter of 2022 approac...
Fed should hike interest rate rates 150 basis points: Wells Fargo
It’s a move that would likely cause panic on Wall Street. But Wells Fargo Securities’ Michael Schumacher suggests the Federal Reserve is raising rates too slowly, telling CNBC’s R...
4 takeaways from the Investing Club’s ‘Morning Meeting’ on Monday
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments: Stocks slide to start tradi...
4 takeaways from the Investing Club’s ‘Morning Meeting’ on Wednesday
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments: We’re cautiously w...
What this ‘play the recovery’ strategy says about hot bond demand
A recent trend in the exchange-traded funds market suggests bond demand is far from cooling. Corporate, government and high-yield bond ETFs saw inflows last month after lower bond prices and higher yi...
Market jump after Fed hike is ‘trap,’ Morgan Stanley warns investors
Morgan Stanley is urging investors to resist putting their money to work in stocks despite the market’s post-Fed-decision jump. Mike Wilson, the firm’s chief U.S. equity strategist and chi...
Inflation and Fed sparking one way trip to market misery: Jim Bianco
Until inflation peaks and the Federal Reserve stops hiking rates, market forecaster Jim Bianco warns Wall Street is on a one way trip to misery. “The Fed only has one tool to bring in inflation ...
Fed’s inflation battle to worsen market turmoil: Canaccord’s Dwyer
Stocks may go into a deeper tailspin. Canaccord Genuity’s Tony Dwyer predicts 1980s-era interest rate hikes will exacerbate the turmoil and make a recession seem increasingly more likely. “...
Recession won’t strike stocks despite ugly market
While retail investors head for the exits as stock prices sharply fluctuate, Evercore ISI’s Julian Emanuel wants to put money to work. He calls the market environment very ugly, but he believes ...
Home affordability at 2007 bubble level but crash unlikely: Blackstone
A major Wall Street firm is drawing a striking parallel to the housing bubble. Blackstone’s Joe Zidle calls homes almost as unaffordable as the 2007 peak. Yet, he believes a crash is unlikely du...
Worried about a recession? Here’s how to prepare your portfolio
FG Trade | iStock | Getty Images More from FA Playbook: Here’s a look at other stories impacting the financial advisor business. “We all understand that markets go through cycles and reces...
Central bank tries to slow weakening yuan vs US dollar
The Chinese yuan has weakened sharply against the U.S. dollar in the last several weeks as the greenback strengthens and investors worry about China’s economic growth. Fotoholica Press | Lightro...
U.S. 10-year Treasury yield climbs, here’s what it means for China
BEIJING — The rapid rise in the U.S. 10-year Treasury yield to three-year highs has erased its gap with its Chinese counterpart, something that hasn’t happened for more than a decade. As the yie...
Market will break out of slump due to peaking inflation: Evercore ISI
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 th...
China inflation makes it harder for PBOC to cut interest rates US Fed
Transportation fuel prices rose by 24.1% in China in March 2022 from a year ago, the largest increase within the country’s consumer price index. Vcg | Visual China Group | Getty Images BEIJING —...
Most Americans are worried about a recession hitting the U.S. in 2022
Rate hikes, soaring energy prices and geopolitical risks have combined to stoke fears of a possible recession. Credit Suisse however, thinks that is an unlikely scenario. Michael Nagle | Bloomberg | G...
Bear market rally setting stage for correction: Morgan Stanley warns
A major Wall Street firm is on correction watch. Despite the latest market bounce, Morgan Stanley’s Mike Wilson is bracing for an S&P 500 decline of at least 13% between now and September. W...
Mortgage rate soars closer to 5% in its second huge jump this week
The rate for the most common kind of mortgage just surged again. The average rate on the 30-year fixed mortgage shot significantly higher Friday, rising 24 basis points to 4.95%, according to Mortgage...
Federal Reserve expected to raise interest rates in week ahead
A trader on the NYSE, March 11, 2022. Source: NYSE Investors may take the Federal Reserve’s first post-pandemic interest rate hike in stride, while uncertainty over the Ukraine crisis continues ...
5 things to know before the stock market opens Monday, March 7
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Dow futures cut sharp losses as $130 crude comes a bit off the boil Traders work on the floor o...
Stock futures inch lower as Russia-Ukraine tensions weigh
U.S. stock index futures were modestly lower during overnight trading Wednesday, after the major averages finished the day higher despite escalating tensions between Russia and Ukraine. Futures contra...
Stock futures inch lower after major averages snap 3-day losing streak
U.S. stock index futures were slightly lower during overnight trading Tuesday, after registering gains on the session amid signs of tensions easing between Russia and Ukraine. Futures contracts tied t...
5 things to know before the stock market opens Monday, February 14
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Futures steady after comments from Russia’s top diplomat Traders on the floor of the NYSE...
Jeffrey Gundlach says the Fed is ‘obviously behind the curve,’ will raise rates more than expected
Jeffrey Gundlach speaking at the 2019 SOHN Conference in New York on May 6th, 2019. Adam Jeffery | CNBC DoubleLine Capital CEO Jeffrey Gundlach said Friday the Federal Reserve is failing in its battle...