After legalizing marijuana, Canada is not the only place where market practitioners saw highs last week. U.S. Treasuries continued their ascent, with ten-year yields closing the week over four basis points higher at 3.195%. Higher rates, tariff concerns, and geopolitical…
The markets’ jitters were felt throughout last week as volatility remained high with Treasury yields ricocheting as the stock market endured tumultuous swings. Trade tensions, lower global growth forecast, and rising Treasury yields all triggered a selloff in equities mid-week.…
U.S. Treasury yields across the curve reached levels not seen in several years, last week, on the back of strong U.S. economic data, easing trade tensions in North America and Fed speak. A slew of relatively positive data including manufacturing…
Federal Reserve Chairman Powell’s bullish stance on the economy at the post FOMC meeting press conference took the spotlight last week. Powell noted the robust economy with recent fiscal cuts serving as a boost and expects unemployment to remain low.…
The S&P 500 and the Dow Jones Industrial Average closed at new highs last week, reaffirming the market’s confidence in the strength of the U.S. economy, despite concerns regarding trade tensions between the U.S. and other countries. Similarly, Treasury yields continued their upward trend…
Despite renewed tariff threats on $200 billion of Chinese products, Ten-year U.S. Treasury yields are opening higher at 3.018% and briefly topped 3% last week for the first time in over a month (last seen on August 2nd), as upward…
Strong August payrolls data reaffirmed that the economy is continuing its upward trajectory and gave the Federal Reserve greater reassurance to raise rates later this month. Not only did the report surprise on the upside (see below), but also indicated…
The Federal Reserve’s target of 2% was met yet again for the month of July, U.S. consumer consumption is on the rise and the labor market remains tight, all paving the way for the Fed to hike interest rates at…
Robust economic data, strong corporate earnings, and record highs reached by three major equity indices should have triggered a selloff in U.S. Treasuries (thereby promoting higher yields). However, treasuries treasury yield stubbornly remained below the key 3% level. Trade tensions…
