Government Finance

Dow finishes nearly 200 points lower as Treasury yields rise

Dow finishes nearly 200 points lower as Treasury yields rise

U.S. stocks closed lower on Thursday with technology stocks leading the way down, as bond yields marched further ahead of a likely Federal Reserve interest rate rise next week. What happened? The Dow Jones Industrial Average DJIA, -0.56% finished 173.27 points lower, down 0.6%, at 30,961.82. The S&P 500 SPX, -1.13% dropped 44.66 points, or …

Dow finishes nearly 200 points lower as Treasury yields rise Read More »

The next financial crisis may already be brewing --- but not where investors might expect

The next financial crisis may already be brewing — but not where investors might expect

A growing number of traders, academics, and bond-market gurus are worried that the $24 trillion market for U.S. Treasury debt could be headed for a crisis as the Federal Reserve kicks its “quantitative tightening” into high gear this month. With the Fed doubling the pace at which its bond holdings will “roll off” its balance …

The next financial crisis may already be brewing — but not where investors might expect Read More »

These stocks soared up to 12% after inflation cooled

These stocks soared up to 12% after inflation cooled

Amid the euphoria following what appeared to be the first sign of slowing inflation, stocks staged a broad rally on Aug. 10, with dozens of large-cap stocks rising 5% or more. Those included several tech names that investors loved during the early stages of the coronvirus pandemic, along with cruise lines, credit-card lenders and chip-related …

These stocks soared up to 12% after inflation cooled Read More »

Stagflation concerns mount: Americans are increasingly worried about red-hot inflation, jobs and their own deteriorating finances

Stagflation concerns mount: Americans are increasingly worried about red-hot inflation, jobs and their own deteriorating finances

Consumer inflation expectations are back at record highs, but people have no plans to slow their spending, according to a regional Federal Reserve bank survey released Monday. Households saw a 6.6% median inflation rate in the year ahead, tying a record high first set in March, according to the Federal Reserve Bank of New York’s …

Stagflation concerns mount: Americans are increasingly worried about red-hot inflation, jobs and their own deteriorating finances Read More »