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10-year and 30-year US Treasury yields rise to their highest levels since 2007
The 10-year Treasury yield, which serves as a benchmark for mortgage rates and as an investor confidence barometer, on Tuesday surged to its highest level since 2007. The 10-year Treasury yield was last up about 9 basis points to 4.779%. The 30-year Treasury yield rose as high 4.874%, also the highest since 2007. The 2-year Treasury yield, which is sensitive to expectations around where the Federal Reserve will set its own key borrowing rate, increased slightly to 5.129%. Yields and prices move in opposite directions and one basis point equals 0.01%. August’s Job Openings and Labor Turnover survey released Tuesday ... (full story)
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From @financialjuice|Oct 3, 2023|1 commentpost:
FED'S MESTER: I AM LIKELY TO FAVOR A HIKE AT NEXT MEETING IF CURRENT ECONOMIC SITUATION HOLDS. post: FED'S MESTER: I DON’T SEE RATE CUTS HAPPENING ANY TIME SOON. post: (US) Fed's Mester (non-voter): Expect to hit 2% inflation target by end of 2025; Fed is likely at or near peak interest rates (More at https://t.co/JjM6Mxl74w ) post: 
MESTER: INFLATION RISKS ARE STILL TILTED TO THE UPSIDE
From scotiabank.com|Oct 3, 2023On Monday, October 2nd, the central bank (BCCh) released August GDP, which fell 0.9% y/y, below market expectations (Economist Survey: -0.2%; Bloomberg: -0.1%), but very close to ...
From vice.com|Oct 3, 2023“Nothing gold can stay.” Robert Frost may have said it best, but Apple is reportedly giving the poet a run for his money. Eight years after Apple released its $17,000 luxury gold ...
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From bnnbloomberg.ca|Oct 3, 2023US job openings unexpectedly increased in August, fueled by a surge in white-collar postings, highlighting the durability of labor demand. The number of available positions ...
From youtube.com/igcom|Oct 3, 2023Just when we may have thought it was the best time to return to the base metals market, we see new recent lows. Why and how much longer should we wait before calling a proper ...
From forex.com|Oct 3, 2023Gold losses continue to mount with XAU/USD plummeting into yearly-open support today, paring the entire 2023 advance. While the immediate threat remains lower, the decline is now ...
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- Posted: Oct 3, 2023 12:10pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 2,561
