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Janet Yellen Dismisses Deficit As Cause Of Bond Yield Rise: Here's What She Says Set Off Treasury Turmoil
Thursday, October 26, 2023 - 3:33pm | 419The recent surge in long-term bond yields in the U.S. is a reflection of the nation’s economic robustness, not the expanding fiscal deficit, according to U.S. Treasury Secretary Janet Yellen. Yellen suggests the rise in yields — which has resulted in benchmark Treasury rates reaching...
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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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Testing The Fiscal Limit
Monday, October 2, 2023 - 1:03pm | 1094Eye Of The Storm From our front row at Lehman Brothers, we assure you iTesting the Fiscal Limitt was not the case that no one saw the Global Financial Crisis coming. With that in mind, the Treasury market’s struggle to absorb supply in the belly of the curve (2s, 5s and 7s), was a...
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Jobs Data Highlights The Fed's 'Sweet Spot'
Monday, October 6, 2014 - 10:39am | 538Friday's much anticipated jobs report brought some buying into the equity market and a pull back in long-term bond rates. After rallying much of the week, the 10-year note sold off two basis points and closed at 2.43 percent. Inside The Jobs Report The overall U.S. economy added 248,00...