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Trump Economic Advisor Kevin Hassett Says 'We'd Have Had A Recession' But Passing Of 'One Big Beautiful Bill' Helped Avoid The Downturn
Tuesday, May 27, 2025 - 10:23pm | 635White House economic advisor Kevin Hassett claims that the U.S. economy narrowly avoided a recession thanks to the GOP-backed tax bill. What Happened: Hassett says that had the “One Big, Beautiful Bill” not passed in the House, “it would have been the biggest tax hike in American...
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Bitcoin 'Loves' Rising Bond Yields In US And Japan? Market Commentator Thinks So
Monday, May 26, 2025 - 1:03am | 741Rising bond yields and debt levels in Japan and the United States could be good news for Bitcoin (CRYPTO: BTC), The Kobeissi Letter said Sunday. What Happened: In an X thread, the capital markets commentator pointed out the surge in Japan’s 40-year government bond yield, which has jumped from...
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5% Treasury Yields Are Back, And So Are Painful Mortgage Rates
Wednesday, May 21, 2025 - 8:35am | 576Mortgage rates have jumped to their highest level in three months as U.S. Treasury yields, driven by rising deficits and fiscal policy fears, push the 30-year benchmark above the critical 5% mark. According to the latest Mortgage Bankers Association report, mortgage application volumes in the U.S....
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Peter Schiff Says Trade Truce Aside, The World Is 'Losing Confidence' In Dollar And In US Ability To Put 'Fiscal House In Order'
Tuesday, May 13, 2025 - 10:06pm | 697On Tuesday, in a post on X, investor and economist Peter Schiff highlighted U.S. 10-Year Treasury yields climbing back to 4.5%, despite the “trade truce” with China early this week, while the U.S. dollar “resumes its broad-based decline.” What Happened: “Despite the...
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Treasuries Are Hot Again: 10-Year Records Best Week Since August, What Bond ETF Is Bullish?
Friday, April 4, 2025 - 11:22am | 557The 10-year Treasury just notched its best week since August, as a market flight to safety sent yields tumbling below 4%. Investors rushing out of risk assets have piled into government bonds, pushing Treasury prices higher and handing the iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) a solid...
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Mohamed El-Erian Says Rising Bond Yields Driven By Pro-Tariff Administration Picks And Expected Bond Issuance Surge
Wednesday, November 13, 2024 - 9:52am | 772The U.S. Treasury yields have priced in the expectations of higher Consumer Price Inflation as the two-year bonds declined, with the yields rising to 4.34%, on Tuesday. These yields have risen the most since July 2024, as per Bloomberg. The ten-year yields followed and rose to 4.40% as well. Few...
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5 Things Moving As Trump Trade Fever Sweeps Wall Street Amid Election Night Drama
Wednesday, November 6, 2024 - 3:11am | 445As the U.S. presidential election hits a climax with former President Donald Trump taking the lead over Kamala Harris, these five key movements are happening across Wall Street. Trump Media & Technology Group Corp (NASDAQ:DJT): The shares of Trump’s media company have experienced a...
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Goldman Sachs Raises US Recession Odds: Treasury Yields Tumble, Yen Rallies As Traders Bet On Heavy Fed Rate Cuts
Monday, August 5, 2024 - 9:35am | 966Global financial markets are experiencing heightened volatility as investors grow anxious about recession risks in the world’s largest economy and move away from riskier assets while seeking refuge in safe-haven investments. The Japan’s Nikkei 225 closed dramatically lower by 13.47%...
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Treasury Yields Fall, Dollar Weakens As Manufacturing Activity Gauge Contracts More Than Expected
Monday, June 3, 2024 - 11:49am | 463The U.S. manufacturing activity barometer contracted more than expected in May, leading to a sharp retreat in Treasury yields at the start of the week. After falling back into contraction in April, manufacturing activity continued to decline for the second consecutive month, according to the...
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Why Veteran Wall Street Investor Believes We're Still In A Bull Market
Monday, May 6, 2024 - 9:43am | 614Veteran Wall Street investor Ed Yardeni confidently stated that we are still in a bull market, underpinned by several economic indicators and market behaviors that suggest continued growth potential. Yardeni’s bullish stance is primarily supported by the prospect of the Federal Reserve...
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US Treasury To Borrow $243B More This Spring: Dollar Climbs, Stocks Trim Gains
Monday, April 29, 2024 - 5:00pm | 503The U.S. Treasury Department has revised its marketable borrowing expectations upward for the April-June quarter of 2023, increasing the figure to $243 billion from an earlier estimate of $202 billion. This adjustment, driven by lower-than-predicted cash receipts, had sparked some market reactions...
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Strong Quarterly Earnings Fuel Market Optimism Despite Inflation Concerns, Slowing Economic Growth: This Week In The Market
Friday, April 26, 2024 - 4:28pm | 797After four consecutive weeks of declines, tech stocks — as tracked by the Invesco QQQ Trust (NASDAQ:QQQ) — experienced their best week in 2024. The stocks were buoyed by reduced geopolitical tensions in the Middle East and robust corporate earnings, even as persistent inflation signaled the need...
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Treasury Yields Reach 5-Month High, Lift Mortgage Rates; Expert Warns 'Federal Debt Blob Is Out Of Control'
Wednesday, April 24, 2024 - 12:22pm | 756As Treasury yields continue their upward trajectory, reaching levels not seen since November 2023, the impact on the U.S. mortgage market and potentially for the broader economy is becoming increasingly pressing. On Wednesday, the yield on the 30-year Treasury note climbed 5 basis points, reaching...
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S&P 500 Due For 'Classic 10% Correction,' Wall Street Veteran Warns: Why They Expect Zero Rate Cuts In 2024
Tuesday, April 16, 2024 - 11:07am | 656Wall Street veteran investor Ed Yardeni has spotlighted potential turbulence ahead for the S&P 500 index, forecasting a “classic 10% correction” in the coming months. This prediction comes as markets digest a scenario where the U.S. economy avoids any hard or soft landing, an...
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Bond Yields Surge To 6-Month Highs As Likelihood Of No-Landing Scenario Increases: UBS Warns Of Potential Fed Rate Hikes To 6.5%
Monday, April 15, 2024 - 5:04pm | 706U.S. Treasury yields have reached their highest levels since mid-November 2023, driven by a mix of economic resilience, persistent fiscal spending and resuming inflationary pressures. These factors are steering the market’s expectations away from earlier predictions of imminent Federal...