Not exact matches
Gold, meanwhile, hit a six - week low of $ 1,307.40 an ounce, as the dollar strength and bets on higher
interest rates kept it on the slide having already gone dropped through its 100 -
day moving average.
The common assumption is that one
day,
interest rates will
move higher and never come back down.
Market participants are looking forward to getting their first major reading on earnings from the biggest technology - sector players in the coming
days, but for now, investor sentiment has been able to overcome what would ordinarily be a troubling rise in long - term bond yields that could signal a steeper
move higher for
interest rates in the near future.
Even more disconcerting is the fact that the relative strength of the XHB has remained below its falling 200 -
day moving average in spite of the broader equity market recovery and the fact that the Fed has backed off its hawkish
interest rate stance — two things that would normally translate into higher confidence for homebuilders.
The recent March 18, 2015, FOMC announcement pushed the
interest rate increase speculation out toward later in the year, while
moving the yield of the S&P / BGCantor Current 10 Year U.S. Treasury Bond Index lower by 14 basis points in one
day (to 1.92 % from 2.05 %).
A rise or a decline in yield from one
day to the next of more than 10 basis points constitutes a major price
move and therefore a major change in the direction of
interest rates.
Mortgage
interest rates are likely to
move up and down many times during this lockable period, which is usually 60 -
days or less.
The EUR / USD
moved lower declining for the 5th consecutive
day as U.S. yields continued to trend higher, widening the
interest rate differential between the
The EUR / USD
moved lower declining for the 5th consecutive
day as U.S. yields continued to trend higher, widening the
interest rate differential between the U.S. treasury and the German bund.
Paired with historically low
interest rates, these factors kept properties
moving quickly with median time on market at approximately 90
days.