American households lost about $6.8 trillion in wealth over the first three quarters of 2022 as the stock market SPX, -0.73% DJIA, -0.90% COMP, -0.70% shed more than Read more
Tag: Money Markets
Fed’s George argues for ‘steady, deliberate’ interest rate hikes
The Federal Reserve should consider slowing down to “steady and deliberate” interest-rate increases, said Kansa City Fed President Esther George on Thursday. “A more measured approach to rate increases may Read more
Fed’s Collins says too early to tell how high benchmark interest rate needs to go
It is important to shift the focus from the pace of interest rate rises to how high they need to be to bring inflation lower, but it is hard to Read more
Now’s the time to buy ‘bombed-out credit markets,’ says DoubleLine’s Jeffrey Gundlach
“We entered this year with no yields anywhere and stocks wildly overvalued versus their own metrics historically,” said Jeffrey Gundlach, CEO of DoubleLine, in an interview with CNBC on Wednesday. Read more
Benchmark U.S. Treasury yields stalled as traders await Fed decision
U.S. benchmark bond yields were little changed on Wednesday as traders kept their powder dry ahead of the Federal Reserve’s monetary policy decision later in the session. What’s happening The Read more
Market expectations start to shift in direction of slower pace of rate hikes by Fed
In a year dominated by worries about inflation and rising interest rates, strategists and traders said a narrative is building within financial markets in which the Federal Reserve will likely Read more
Opinion: There’s a rush to buy I-bonds to lock in a high yield, but there may be an even better deal next week
It’s hard to imagine that there could be a better deal for parking up to $10,000 in savings than Series I bonds, at this very moment. The 9.62% yield is Read more
U.S. 10-year yield reaches new 15-year high as terminal Fed rate view tops 5%
The yield on the benchmark U.S. 10-year Treasury reached a new 15-year high on Friday, continuing its upward march on expectations of further Federal Reserve interest rate hikes. What’s happening Read more
Opinion: $22 billion in I-bond sales can’t be wrong. Why you may want to buy them even when their rate resets soon
I-bonds’ sky-high interest rate is poised to fall to 6.48% when they reset next month, according to industry experts. Still, that would be the third-highest level since they were sold Read more
Opinion: $22 billion in I-bonds can’t be wrong. Jump on the new 6.48% rate coming up
I-bonds’ sky-high interest rate is poised to fall to 6.48% when they reset next month, according to industry experts. Still, that would be the third-highest level since they were sold Read more