-
Friday's Market Minute: Interest Rates Have Aggravated The Stock Market
2021 Feb 26, 10:05am | 366Read More...Higher borrowing costs have put pressure on most equities this week, particularly on growth names hinged on soaring valuations. Interest rates are rising because of expectations for better economic growth and they should continue to move up, but moderately. Inflation is a fear in the market, but it...
-
Wednesday's Market Minute: Markets Look Primed For A One-Two Punch
2021 Feb 03, 10:11am | 485Read More...There are two headwinds developing against investors right now. One is froth building up in stocks that increases the odds of correction. After getting trampled by squeezes the last two weeks, the median short interest on stocks in the S&P 500 Index is now 1.6% of shares, an all-time low that...
-
Alibaba Seeks To Raise $5B In US Dollar Debt Offering This Week
2021 Feb 03, 1:11am | 485Read More...Alibaba Group Holding Ltd (NYSE: BABA) is planning to raise $5 billion by selling dollar-denominated bonds this week, Reuters reported Wednesday (Shanghai-time). What Happened: The book for the offering will open on Thursday and the deal is expected to be priced on the same day, a person...
-
Unexpected Impact Of The Biden Administration? A Muni Bond Boom
2021 Jan 29, 9:38am | 1466Read More...All things considered, the municipal bond market had an exceptional 2020. In a year in which municipalities were faced with an economic crisis that had some investors concerned about defaults, the VanEck Vectors CEF Municipal Income ETF (NYSE: XMPT) rose 3.44% in 20201, a stunning turnaround...
-
This Day In Market History: US Treasury Introduces TIPS
2021 Jan 29, 9:04am | 338Read More...Each day, Benzinga takes a look back at a notable market-related moment that happened on this date. What Happened? On this day in 1997, the U.S. Treasury introduced the first Treasury Inflation-Protected Securities (TIPS). Where Was The Market? The S&P 500 was trading at 772.50 and...
-
Fed Likely To Hold Interest Rates Near Zero Today: WSJ
2021 Jan 27, 8:26am | 285Read More...Federal Reserve officials could keep the interest rates unchanged in the monetary policy meeting that concludes today, the Wall Street Journal reports. Fed has acknowledged recent signs of economic weakness and kept the short-term interest rates near zero. It had launched a bond-purchase...
-
Wednesday's Market Minute: Bonds Don't Need Tapering To Tantrum
2021 Jan 13, 9:36am | 425Read More...The fact the Fed is not going to fight inflation until it runs hot means we’re going to try everything in the policy playbook until we get there. If there is some theoretical way to generate upward price pressure greater than the deflationary forces of demographics and technology, we will...
-
Alibaba To Raise Above $5B Via Dollar Bonds This Month: Reuters
2021 Jan 05, 10:52pm | 283Read More...Alibaba Group Holding Ltd. (NYSE: BABA) is planning to raise at least $5 billion through a sale of U.S.-dollar-denominated bonds this month, Reuters reported Tuesday, citing people familiar with the matter. What Happened: The Jack Ma co-founded company could raise as much as $8 billion from the...
-
Scott Nations Is Bearish On 10-Year Treasuries
2021 Jan 04, 4:12pm | 112Read More...On CNBC's "Futures Outlook," Scott Nations said he would be a seller of the 10-year Treasury note futures, but only when the stock market settles down. He is bearish because Charles Evans, the president of the Federal Reserve Bank of Chicago, said the Fed should aim for 2.5% inflation...
-
4 ETFs To Watch In 2021
2020 Dec 30, 5:39pm | 1032Read More...In the exchange traded funds industry, records are seemingly always being shattered and that's the case again in 2021. As of Dec. 17, $509.4 billion flowed into ETFs this year, topping the previous annual record of $476.1 billion notched in 2017. Record flows of fixed income ETFs in 2020? Check...
-
Early Christmas For Banks? 10-Year Yield Flirting With 1% Again As Holiday-Shortened Session Starts
2020 Dec 24, 9:34am | 1837Read More...(Thursday Market Open) Even with uncertainty around stimulus, it looks like investors may actually get a Christmas gift this year in the form of a Brexit deal. Media reports say it looks close, and that’s helping lift stocks ahead of the holiday. Market impact of a deal is hard to say,...
-
4 iShares ETFs Delivering Holiday Cheer For Investors With Lower Fees
2020 Dec 18, 7:55am | 498Read More...It's the holiday shopping season and in the spirit of the season, everyone loves a good deal. Well, everyone loves a good deal all year long and that's something exchange-traded funds issuers often oblige. BlackRock's iShares unit, the world's largest ETF sponsor, is adding some...
-
No-Surprise No-Change From The Fed: Zero Rates Through 2023, Bond Purchases To Continue
2020 Dec 16, 3:47pm | 2147Read More...These microscopic interest rates are here to stay for a while, the Fed confirmed Wednesday. That was the crux of the news coming out of its meeting, and the stock market didn’t seem to register much surprise in the first few minutes after the announcement. Most major indices continued...
-
Wednesday's Market Minute: The Bond Bubble Test, Revisited
2020 Dec 16, 10:09am | 409Read More...There was a fun hypothetical to consider pre-COVID about whether the Treasury market was in a “bubble.” I put that in quotes because a lot of people challenge the notion of whether it’s even possible for U.S. government bonds to be speculative enough to create a traditional bubble...
-
Scott Nations' 10-Year Treasuries Short Trade
2020 Dec 14, 4:10pm | 119Read More...On CNBC's "Futures Outlook," Scott Nations of Nations Indexes said we're going to make another run at 1% yield because right now the market is in the risk-on mode due to immunizations. This is great for yields, but horrible for bond prices so he wants to take a short position in...
