^TNX - Treasury Yield 10 Years
| Previous close | 1.5250 |
| Open | 1.4850 |
| Volume | 0 |
| Day's range | 1.4390 - 1.4920 |
| 52-week range | 1.4290 - 2.7590 |
| Avg. volume | 0 |
Reuters VideosMore reasons to buy stocks than sell -analyst
The earnings impact from the coronavirus is likely to be short lived, according to Kauffman who believes upbeat corporate earnings, low interest rates and U.S. economic strength are reasons to overlook any short-term market impact from the virus.
- Associated Press
Stocks sink, Treasury prices soar as investors seek safety
Stocks fell and bond prices rose sharply on Wall Street Friday amid signs that economic fallout from the viral outbreak that originated in China is hurting U.S. companies. The yield on the 30-year Treasury reached a record low as investors sought the safety of U.S. government bonds. New data showing manufacturing and business activity suddenly slowed this month stoked investors' anxiety over the outbreak’s impact on company profits.
- FX Empire
Risk-off Thursday: Fade Trade or Call It a Week
It was a Risk-off Thursday, with the S&P500; down 0.5% heading into the close and Europe’s Stoxx600 closed 0.9% lower. US 10y yields slipped 5bps to 1.52%, levels not seen since early February.
- Yahoo Finance
Stock market news live: Stocks end lower but pare some losses after intraday selloff
Headlines moving the stock market in real time.
- Associated Press
US mortgage rates tick up this week, 30-year reaches 3.49%
U.S. mortgage rates rose slightly this week but they remain far below year-ago levels, which has provided a boost to home sales. Mortgage buyer Freddie Mac said Thursday that the average rate for a 30-year fixed-rate mortgage loan rose to 3.49% from 3.47% last week. Fears about the economic impact of China's viral outbreak have caused investors to snap up U.S. Treasury securities, often seen as a safe haven in the event of an economic downturn.
- Financial Times
Chinese bond yields touch four-year low as economy sputters
A rally in China’s government bonds prompted by the deadly coronavirus outbreak has rewarded big US and European investors that have bet on a slowdown in the world’s second-biggest economy. China’s 10-year Treasury yields, which fall as prices rise, have sunk more than 25 basis points to 2.87 per cent since the start of the year.
- FX Empire
Fed’s Kashkari: Virus Could Deliver Negative ‘Shock’ That Could Force Fed to Lower Rates
The Federal Reserve is likely to keep interest rates where they are until mid-2020 but may need to cut them, Minneapolis Fed Bank President Neel Kashkari said.
- FX Empire
Asia Open : It’s Not Where It’s Been, Its Where It’s Going “Earnings Don’t Move The Overall Market; It’s The Federal Reserve Board”
Earnings don’t move the overall market; it’s the Federal Reserve Board… focus on the central banks and focus on the movement of liquidity.
- FX Empire
Price of Gold Fundamental Daily Forecast – Lower Stocks, Treasury Yields Fueling Hedge Demand
More stimulus from the central banks is likely to provide longer-term support for gold prices, but over the short-run, gold is likely to be underpinned the most by falling Treasury yields and lower demand for risky assets.
- FX Empire
USD/JPY Fundamental Daily Forecast – Pressured by Lower Treasury Yields, Drop in Risk Appetite
The Dollar/Yen is trading lower as concerns over the impact of the coronavirus on China’s economy and the global supply chain are driving investors to seek protection in the Japanese Yen. There wasn’t any fresh economic data released on Tuesday, but a production warning from Apple highlighted the mounting economic costs of the coronavirus and spooked global stock market investors. At 10:54 GMT, the USD/JPY is trading 109.720, down 0.169 or -0.16%.
- FX Empire
Powell: Fed Will Fight Next Recession with Aggressive QE; Monitoring Economic Growth for Coronavirus Impact
“The real question for the Fed is: What is the likely effect on the U.S. economy? And I think we’ll begin to see that in economic data coming up fairly soon.
- FX Empire
Ho Hum, Another Day Another Stock Market High Water Mark. US Markets Close At Record Highs As Coronavirus Fear Ebb.
The Hubei Coronavirus update headline has initially hit like a ton of bricks given this is one of the market’s biggest fears.
- Yahoo Finance
Stock market news live: S&P 500, Dow, Nasdaq close at record highs as coronavirus fears ease
Headlines moving the stock market in real time.
- Associated Press
Solid earnings send stock indexes higher on Wall Street
Stocks closed broadly higher on Wall Street Wednesday, driving the S&P 500 and Nasdaq indexes to more record highs. Technology stocks powered much of the rally as investors focused on the latest batch of mostly solid company earnings reports. The latest gains came as worries about the economic impact of the virus outbreak that originated in China continued to subside.
- Yahoo Finance
Job openings decline at the fastest pace since 2009: Morning Brief
Top news and what to watch in the markets on Wednesday, February 12, 2020.
- Yahoo Finance
Trump ‘wants to put as much pressure on the Fed as he can’: Strategist
President Donald Trump’s persistent calls for the Federal Reserve to lower interest rates are an effort to juice the economy and stock market ahead of the 2020 U.S. presidential elections, according to at least one strategist.
- Yahoo Finance
Stock market news live: S&P 500, Nasdaq see closing highs; Slack halted for coming news
Headlines moving the stock market in real time.
- Yahoo Finance
Stock market news live: Stocks sink despite blowout January jobs data
Headlines moving the stock market in real time.
- FX Empire
China Tariff Cut Was The Eureka Moment But It’s a pre-NFP Friday And The Situation In Hubei Still Looks Challenging
It was another good day for global equities, which saw the S&P500; up 0.2% to notch a fresh record high.
- Yahoo Finance
Stock market news live: Stocks see record closes after China tariffs plan
Headlines moving the stock market in real time.
- FX Empire
If History Repeats
No one can tell what’s going to happen in the market, not you, not I, and indeed not Wall Street; hence it’s essential to listen to the messages the market tells you daily.
- FX Empire
Aussie Dollar Plummets in Sympathy with Chinese Yuan; Recession Fears Drive Japanese Yen Higher
The Australian Dollar plummeted last week, falling in sympathy with the Chinese Yuan as investors fretted about the hit to the Chinese economy from the coronavirus.
- Associated Press
Stocks drop again after virus declared global emergency
Stock markets turned lower again on Friday after world health authorities declared the virus pandemic that has spread from China to more than a dozen countries a global emergency. Britain's FTSE 100 lost 0.7% to 7,334 as the midnight departure of the U.K. from the European Union loomed. For much of the world, the main focus was on the ripple effects of the outbreak of a virus first found in central China that has killed at least 213 and sickened nearly 9,700.
- FX Empire
Fed Holds Policy Steady; Mentions Change in Consumer Spending from Strong to Moderate
I was expecting Fed policymakers to hold rates steady, but was rather surprised by their comments about household spending.
