Investors are doubling down on stocks, shaking off fears of an economic slowdown in the U.S. which caused a sell-off earlier this month. Global stock markets fell sharply in early August after a rise in unemployment sparked fears that U.S. economic growth could slow more than expected. It led a number of investment banks to
U.S. Treasury yields were lower on Friday as investors weighed this week’s key data and considered the state of the economy. At 3:15 a.m. ET, the yield on the 10-year Treasury was down by over two basis points to 3.9035%, hovering around the 3.9% level it had crossed Thursday. The 2-year Treasury yield was last
With a soft inflation report boosting markets Tuesday , a new survey reveals investors are betting big time that the Federal Reserve will embark on a series of interest rate cuts that revive the economy and rekindle the market rally that took a hit to start August. Ninety-three percent of the fund managers in the
A selection of gold bars and one-ounce gold coins at Gold Investments Ltd. bullion dealers in London, UK, on Tuesday, May 21, 2024. Chris Ratcliffe | Bloomberg | Getty Images Gold prices dipped on Monday as the dollar held firm, while investors awaited comments from Federal Reserve officials and economic data for further cues on
U.S. Treasury yields were higher on Thursday as investors looked to economic data for hints about the outlook for the economy and monetary policy. At 4:14 a.m. ET, the yield on the 10-year Treasury was up by over two basis points to 4.3411%. The 2-year Treasury yield was last at 4.7576% after rising by less
If you’re shopping for a mortgage with bad credit or want to make a small down payment, consider a Federal Housing Administration (FHA) loan. Created during the Great Depression to help low-income and moderate-income Americans buy homes, these government-backed mortgages accept borrowers with credit scores as low as 580 with 3.5% down. Borrowers who put
U.S. Treasury yields were higher on Monday as investors looked ahead to the Federal Reserve’s monetary policy meeting and key inflation data due this week. At 4:53 a.m. ET, the yield on the 10-year Treasury was up by over three basis points to 4.4650%. The 2-year Treasury yield was last more than two basis points
“Spaving,” or spending more to save more, has become a dangerous habit for cash-strapped Americans amid elevated inflation and mounting debt. Though inflation eased in April, the consumer price index was still up 3.4% from a year prior. Despite higher prices, Americans continue to spend. To that point, credit card debt reached $1.12 trillion in
U.S. Treasury yields were little changed on Tuesday as investors considered the latest economic data and what it could mean for the economy. At 3:19 a.m. ET, the yield on the 10-year Treasury was down by less than one basis point to 4.3943%. The 2-year Treasury yield was last trading at 4.8162% after dipping by
U.S. Treasury yields fell on Monday as investors awaited fresh economic data, including key jobs data, slated for the week. At 3:18 a.m. ET, the yield on the 10-year Treasury was down by over one basis point to 4.4926%. The 2-year Treasury yield was last one basis point lower to 4.8830%. Yields and prices move