General market news Last week, the Federal Reserve (Fed) cut rates by 25 basis points (bps), bringing the lower rate target to 1.75 percent. The 10-year Treasury opened early Monday at 1.69 percent after posting its highest rates since the end of July at 1.90 percent. The 2-year Treasury touched 1.80 percent and opened at …
General market news Following the Federal Reserve’s (Fed’s) announcement on Wednesday to leave interest rates unchanged (for now), the 10-year Treasury spiked to 2.28 percent, its highest point since August 16. It opened Monday at 2.24 percent. The 30-year briefly touched 2.83 percent last Wednesday before opening Monday at 2.78 percent. The 2-year spiked from …
General market news The yield on the 10-year Treasury was back up to 2.20 percent early Monday morning, after being as low as 2.01 percent fewer than six trading days ago. The move from one support level to the next in such a short period leads us to believe that investors are uncertain about the …
General market news Treasury yields were lower across the long end of the curve last week, with the 10-year at 2.01 percent and the 30-year back to pre-election levels at 2.63 percent. The 10-year Treasury opened Monday at 2.09 percent and the 30-year opened at 2.71 percent. It seems for now that the Federal Reserve …
General market news The 10-year Treasury opened Monday morning at 2.13 percent, up from a low of 2.08 percent last week, which was its lowest level since November 10, 2016. The 30-year yield opened at 2.75 percent Monday, up from 2.68 percent last week. The 30-year last touched 2.71 percent back in June and is …
Market Update for the Quarter Ending September 30, 2015 Presented by Rich Tegge U.S. markets weak September was a weak month for U.S. markets, with the Dow Jones Industrial Average posting a loss of 1.35 percent; the S&P 500 Index declining further, down 2.47 percent; and the Nasdaq dropping 3.27 percent. All three indices bounced …
Brad McMillan, senior vice president, chief investment officer, at Commonwealth Financial Network®, discusses the shocking recent declines in U.S. and international markets and what caused them. He also provides an update on U.S. economic performance, highlighting an increase in job growth and consumer spending. Follow Brad at http://blog.commonwealth.com/independ….