Tag: Interest Rates

Pros are changing up their portfolios due to the unexpected decline in rates. How they’re playing it

Traders on the floor of the New York Stock Exchange. Source: NYSE Technology and growth stocks are back in favor with some investors, and the trend has been helped by a surprise drop in bond yields. The 10-year Treasury yield was at 1.46% Friday, after touching 1.43% Thursday, its lowest level since March 3. Yields […]

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Wealthy investors are worried about inflation, CNBC millionaire survey shows

Shoppers maintain safe distance in a checkout line in Torrance, Calif. Al Seib | Los Angeles Times | Getty Images The coronavirus pandemic is subsiding, but the new normal might not look the same as 2019. One reason why: The prices of some goods and services have crept up due to inflation and could continue […]

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Yellen says higher interest rates would be ‘a plus’: report

U.S. Treasury Secretary Janet Yellen said in an interview Sunday that higher interest rates would be “a plus” for policy makers. Speaking with Bloomberg News following a G-7 finance ministers’ meeting in London, Yellen said it’s OK if President Joe Biden’s $4 trillion spending plans trigger inflation and higher rates. Source link

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Mortgage rates rise to 3% as the Fed mulls a shift in policy: ‘Their path forward is quite uncertain’

Mortgage rates jumped higher in response to hints that the Federal Reserve may soon alter its approach to the economy in light of high inflation. The 30-year fixed-rate mortgage averaged 3% for the week ending May 20, up six basis points from the previous week, Freddie Mac FMCC, +3.39%   reported Thursday. It’s the first time […]

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China is concerned about inflation – but it’s not the top priority right now

A man wearing a mask walks past the headquarters of the People’s Bank of China, the central bank, in Beijing, China, as the country is hit by an outbreak of the new coronavirus, February 3, 2020. Jason Lee | Reuters BEIJING — While investors around the world fret over inflation, China’s central bank has more […]

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5 things to know before the stock market opens Monday

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures mixed as Tesla kicks off tech earnings Traders on the floor of the New York Stock Exchange. Source: NYSE U.S. stock futures were mixed ahead of an onslaught of tech earnings this week, starting with […]

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Fed’s Brainard says the economy is improving but is still ‘far from’ where it needs to be

Federal Reserve Governor Lael Brainard said that while U.S. economic outlook has “brightened considerably,” it remains well away from the central bank’s goals. “Brighter outlook, but of course our monetary policy forward guidance is premised on outcomes not the outlook, and so it is going to be some time before both employment and inflation have […]

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