General market news The 10-year U.S. Treasury opened at 2.87 percent early Monday, while the 30-year opened at 3.13 percent. The 2- to 5-year part of the curve remains slightly inverted, with the 2-year yielding about 0.08 percent more than the 5-year. The 3-year currently has the lowest yield of all three Treasuries, at 2.715 …
General market news Rates moved lower last week, breaking some support levels. The 10-year Treasury dropped below 3.05 percent and opened Monday morning at 3.03 percent. The short end of the curve has tightened, with the difference between the 2- and 5-year Treasuries only 3.5 basis points (bps). The spread had been as low as …
Weekly Market Update, January 30, 2017 Presented by Rich Tegge General market news • The 10-year Treasury yield opened early this Monday morning at 2.46 percent, down from last week’s high of 2.55 percent. It has tested the 2.50-percent level a handful of times since mid-December but has come back down each time. Likewise, the …
Beneficiary Planning: What You Need to Know Designating a beneficiary on retirement accounts is one of the most important—yet one of the most frequently neglected—retirement planning tasks. A beneficiary is any person or entity that an account owner chooses to receive the benefits of a retirement account in the event the account owner dies. Here …
Strong end to the year for financial markets Confidence was the key for the U.S. economy and financial markets in December. U.S. markets ended the year on a high note, with all three major indices up for the month, capping off positive quarterly and annual returns. The Dow Jones Industrial Average led the way with …
We started 2016 with the hope that it would be the year the economy normalized. But between the stock market pullback early in the year after the surprise Chinese devaluation; the political theatre surrounding the primaries and general election; the ongoing volatility in the oil market; and the sudden surge in the dollar, which hit …
General market news Yields moved higher last week after the Federal Reserve announced on Wednesday that it would increase the federal funds rate. The 10-year Treasury yield moved from 2.42 percent to as high as 2.64 percent on Thursday, opening this Monday morning at 2.55 percent. The 30-year yield went from about 3.08 percent to …
Brad McMillan, chief investment officer, discusses the U.S. economy, U.S. unemployment claims, effects from the federal shutdown, and the state of international markets. Follow Brad at www.theindependentmarketobserver.com.