U.S. stocks pared early losses on Wednesday but remained mostly lower after inflation data came in hotter than expected, potentially complicating the Federal Reserve's job of returning inflation to ...
The bond market is readying for a 10-year note auction, the first under new Treasury Secretary Scott Bessent. The Treasury will sell $42 billion in 10-year notes. The 10-year is important because its ...
U.S. government debt aggressively sold off on Wednesday, pushing the benchmark 10-year yield up for a fifth straight session, after the consumer-price index for January exceeded expectations and ...
The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.
UBS Global Wealth Management foresees a possibility of an extended selloff in government debt that could push the benchmark 10-year yield up to a level it hasn't finished at since October 2023. “Our ...
U.S. stocks are falling Wednesday after a report said inflation is unexpectedly getting worse for Americans. The S&P 500 was ...
Expectations for rate cuts were recalibrated after CPI, with markets now predicting the Fed will hold rates steady until well ...
Contrarians that we are, we know when we hear things that sound like “common wisdom,” we need to look just a little bit ...
U.S. Treasury yields rose sharply on Wednesday as investors reacted to the hotter-than-expected January consumer inflation report. The 10-year Treasury yield jumped 9 basis points at 4.627%, while the ...