U.S. bond prices fell Wednesday on violence in Libya. An auction of $35 billion in five-year notes met with little demand, while 10-year Treasury prices fell 22 cents per $100 invested. Stocks also declined as a result of the L…
U.S. mortgage rates have grown for five straight weeks, in the last week hitting their highest levels in seven months. Ten-year Treasury note yields have been climbing on inflation concerns, driving the higher rates.
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The markets ended the week on a high note with encouraging economic news, a surprise jump in consumer sentiment and a drop in the trade deficit, among other things. Is the Fed’s latest round of stimulus working?
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Stocks closed a bit higher after flitting around breakeven on light trading for much of the day. Financials outperformed, while commodities suffered. Treasury bond yields hit their highest intraday level since June. End-of-year…
It’s no secret that stock investors have suffered through roller-coaster volatility this year for little or no return, while bond investors have been having a ball. The longest-dated Treasury mutual funds have returned nearly 2…