Not exact matches
Elsewhere, the dollar held at a three - month high against a basket of currencies, after having received a boost from U.S. 10 -
year Treasury yields holding
near the key 3 percent level.
In the bond market, the 10 -
year US
Treasury yield fell less than 1 basis point, to 2.79 %,
near the key 3 % level that traders are closely watching.
The U.S. Federal Reserve's gauge of inflation remains stubbornly below its 2 percent target, but U.S. 10 -
year Treasury yields spiked to
near four -
year highs in January as a bond sell - off gathered steam.
The
yield on 10 -
year Treasury bond is hovering
near its highest levels in four
years.
Treasury yields edged higher in early morning trade with the 2 -
year yield near 1.90 percent and the 10 -
year yield near 2.48 percent.
The
yield on the benchmark 10 -
year Treasury notes, which moves inversely to price, was higher around 2.398 percent, while the
yield on the 30 -
year Treasury bond held
near 3.002 percent.
The U.S. 10 -
year Treasury note
yield was lower in Tuesday trading,
near 2.31 percent.
Treasuries extended declines from October, pushing 10 -
year yields to a five - week high, as the probability of a Federal Reserve interest - rate increase by
year - end hovered
near 50 percent.
Demand for U.S.
Treasurys in recent days helped push both the 10 -
year and 30 -
year bond
yields to
near their all - time lows Thursday, July 12.
The U.S. 10 -
year Treasury yield may approach 3 %, but it shouldn't be anywhere
near 5 %.
After rising to roughly 2.60 % in early March — when consumer confidence was
near its recent zenith — 10 -
year Treasury yields fell to around 2.15 % by mid-June.
«It grows earnings not so much by the brilliance of management or the diversity of their operations, as Welch and Immelt claim, but through the acquisition of companies (more than 100 companies in each of the last five
years) using high - powered, high P / E multiple GE stock or cheap
near Treasury Bill
yielding commercial paper.
More impressive still is that in spite of the Fed raising short - term interest rates by a total of 1.0 % since mid-December 2015, the approximately 2.30 %
yield on the 10 -
year Treasury as of mid-July is
near where it was at the end of 2015 and 2016 (see the chart below).
At the same time, the U.S. 10 -
year Treasury bond
yield dipped from 2.43 % to 2.34 % week - over-week, while WTI oil prices jumped to a 2 1/2 -
year high
near $ 56.
Donald Trump's election victory drove up 10 -
year U.S.
Treasury yields and pushed the S&P 500
near record highs, reinforcing the inverse bond - stock relationship.
The U.S. 10 -
year Treasury yield may approach 3 %, but it shouldn't be anywhere
near 5 %.
Rather than pursue cross-over corporates or high -
yield or even long - term investment grade corporates, we have stayed
near the middle of the curve with funds like: (1) SPDR Nuveen Muni (TFI), (2) Vanguard Total Bond (BND), (3) iShares 7 - 10
Year Treasury (IEF) and (4) iShares 3 - 7
Year Treasury (IEI).
That
year, long - term U.S.
Treasury bond
yields peaked
near 15 %.
Nearly a decade ago, the 10 -
year Treasury yield finished 2007 at 4.02 %; it now stands
near 2.50 %.1 When adjusted for inflation, even the 0.75 % bump in the 10 -
year Treasury yield amounts to a modest 0.40 % increase.
The 10 -
year US
Treasury yield rose 0.30 % from Oct. 14 through Nov. 16, based largely on anticipation of the Federal Reserve's next move.1 Ever since the Fed drove the federal funds interest rate to
near zero, the looming question has been, «Will next
year finally be the
year that the Fed raises rates?»
However, with interest rates at or very
near historical lows — at this time, the one - month
Treasury yield is 0.15 % and the five -
year yield is less than 1.5 % — further interest rate declines appear unlikely.
«The S&P 500 now
yields 2.3 %, while the 10 -
year Treasury's
yield at 2.1 % is
near historic lows.
Given this outlook, Rieder favors two -
year Treasuries, whose rates
near 2.3 % are well above the dividend
yield of the S&P 500, at 1.87 %.
For 5 -, 10 - and 30 -
year Treasuries, a
yield rate
near 3.03 % will hold the package to roughly a zero total return after 2
years.
This is the common, intuitive, yet specious claim that because
yields on 10 -
year Treasury notes are
near record lows at 1.64 %, stocks are so flattered into appearing cheap by comparison that surely they must rise.