General market news Treasuries have been flat since June 15. The yield on the 10-year has stayed at or around 2.15 percent. Although it moved slightly lower last week, the 30-year seems to have stabilized around 2.72 percent. Meanwhile, the 2-year has tested lower levels but seems to be sticking around 1.34 percent for now. …
General market news General market news Treasuries rallied last Wednesday after the Federal Reserve (Fed) announced that it was raising the fed funds rate by 0.25 percent. The yield on the 10-year was as low as 2.10 percent after the announcement before selling off to 2.17 percent on Friday. It opened at 2.14 percent this …
General market news The yield curve steepened slightly last week, as increases on the long end of the curve combined with decreases on the short end. The 10-year Treasury yield opened Monday morning at 2.21 percent while the 30-year opened at 2.86 percent. The market still expects the Federal Reserve (Fed) to hike interest rates …
Presented by Rich Tegge A strong end to a weak month U.S. financial markets ended strongly in May, as economic reports improved and the Federal Reserve (Fed) suggested that the economy had healed enough for it to start raising rates. After dropping between 1 percent and 2 percent mid-month, stocks rallied at month-end. All major …
Brad McMillan, Commonwealth Financial Network’s chief investment officer, discusses recent volatility in the financial markets and a drop in interest rates. Brad also offers his thoughts on the U.S. economy, including the economic recovery and employment.