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Investors have pared back gains after Thursday's mixed jobless claims data, which sent the 10-year Treasury yield above 4.6% and reached a seven-month high. The rate fell back modestly on Friday.
The Dow jumped 700 points and the Nasdaq gained more than 2% as investors cheered encouraging inflation data and a strong start to earnings season.
The 10-year Treasury yield is rising towards 5% for the first time in many years. Yields jumped due to concerns over strong economic data, inflation fears, and political uncertainty.
The yield on the benchmark 10-year Treasury, which rises as the price of the bond falls, briefly surged above the 4.8% mark Monday morning, its highest level since November 2023, while its 30-year ...
The 10-year Treasury yield is the key rate to watch for many borrowers. ... Mortgage News Daily said. The rate had been edging back toward 6.5% in recent weeks. ... 20-year-old Californian Alex ...
Treasury yields also fell markedly, pushing bonds higher. The iShares 20+ Year Treasury Bond ETF (NASDAQ: TLT ) rose 0.2%. Gold prices soared 1%, with the SPDR Gold Trust (NYSE: GLD ) setting ...
At the start of 2024, Greg McBride, CFA, Bankrate chief financial analyst, saw the top-yielding 1-year CD falling to 4.25 percent annual percentage yield (APY), while the top savings account was ...
The bond market sold off Monday in response, and the 10-year Treasury yield jumped 11 basis points to hover at 4.2% on Tuesday. On Tuesday. That marks the key bond yield's highest level in three ...