Behind Thursday"s Treasury Fireworks: Shift In Reaction Function Means Strong Data Is Bad
Behind Thursday's Treasury Fireworks: Shift In Reaction Function Means Strong Data Is Bad With rates traders still amazed at the shocking bond market response to Thursday's blockbuster ec.....»»
"I Witnessed This Environment From The Front Row In 2008 As A Trader At Lehman Brothers"
From Bloomberg Market Live commentators and former Lehman trader, Mark Cudmore The asymmetric reaction function of equities to data is likely to shift toward the downside, and do so soon. .....»»
Stocks slide before corporate results, dollar gains
A gauge of global equity markets slid on Thursday as investors waited for first-quarter earnings reports, while Treasury yields rose after strong U.S. data and a six-month extension of a deadline for Britain to leave the European Union......»»
Stocks rise with U.S. Treasuries and dollar index
Stocks on Wall Street and in Europe clung to small gains on Thursday as investors waited for first-quarter earnings reports while U.S. Treasury yields rose after strong U.S. data and a six-month extension of Britain's deadline to leave the European Union......»»
Dollar lifted by yield surge, Asia stocks slugged
The dollar notched an 11-month top on the yen on Thursday as stunningly strong U.S. economic data drove Treasury yields to their highest since mid-2011, while Asian stocks were pressured as borrowing costs rose at home......»»
Wall Street drops as yields rise
U.S stocks ended sharply lower on Thursday as U.S. Treasury yields continued their ascent to multi-year highs on the latest round of strong economic data. Fred Katayama reports......»»
Wall Street stumbles as bond yield climb continues
Wall Street stocks stumbled on Thursday as U.S. Treasury yields continued their ascent to multi-year highs on the latest round of strong economic data, building concerns for an acceleration of inflation......»»
US stocks mixed as investors weigh strong jobless-claims data against rising global virus cases
US stocks were mixed Thursday as the number of Americans filing for unemployment hit a pandemic-era low and global COVID-19 cases continued to rise. Reuters .....»»
Dow closes above 34K for first time on jobs, retail bounce
Stocks hit records highs Thursday as investors sifted through another batch of earnings and strong jobs, retail sales data......»»
Dow hits 34,000 for first time on jobs, retail data
Stocks hit records highs Thursday as investors sifted through another batch of earnings and strong jobs, retail sales data......»»
Gold futures settle at a 7-week high
Gold futures climbed Thursday, with a steep decline in U.S. Treasury bond yields prompting prices to settle at their highest since late February. Gold also garnered some support as upbeat U.S. economic data l.....»»
Dow, S&P hit records, stimulus fuels retail sales boom
Stocks hit records highs Thursday as investors sifted through another batch of earnings and strong jobs, retail sales data......»»
Bond Report: U.S. Treasury yields slip ahead of retail sales and weekly jobless data
U.S. Treasury yields retreat on early Thursday's trade before a raft of key economic data that could give clues to the health of the consumer who has benefited from direct payments to households by Congress and an accelerating vaccine rollout.....»»
Morgan Stanley Asks: Will The Market Move Towards The Fed, Or Will The Fed Shift Its Reaction Function Towards The Market
Morgan Stanley Asks: Will The Market Move Towards The Fed, Or Will The Fed Shift Its Reaction Function Towards The Market By Vishwanath Tirupattur, head of Credit Securiti.....»»
AUD/USD Forecast: Challenging The 0.7800 Level and Poised To Extend Gains
AUD/USD Current Price: 0.7804 Australia will publish February employment data this Thursday. US Federal Reserve put the greenback under strong selling pressure. AUD/USD challenging the 0.7800 level and poised to extend gains. read more.....»»
Bond Report: 10-year Treasury yield struggles to push beyond 1.30% as bond-market selloff takes a pause
U.S. Treasury yields lacked direction Thursday after investors sifted through a raft of tepid economic data that belied the pent-up hopes for reflation later this year......»»
Bond Report: 10-year Treasury yield stands near 1.30% as bond-market selloff takes a breather
U.S. Treasury yields lack direction early Thursday as investors sift through a raft of tepid economic data that belied the pent-up hopes for reflation later this year......»»
Gold futures log a decline for a sixth session in a row
Gold futures fell Thursday to mark their sixth session loss in a row, the longest streak of declines since March 2019, FactSet data show. Prices for the precious metal fell as Treasury yields climbed. February gold fell $7, or 0.4%, to settle at $1,83.....»»
Homebuilder ETFs jump on strong housing starts data
Homebuilder exchange-traded funds rallied Thursday as economic data confirmed continuing robust demand for newly constructed homes. The Hoya Capital Housing ETF, w.....»»
Market Snapshot: Stocks slump at the open as 36 million jobs vanish in wake of coronavirus, Trump turns hawkish on China
U.S. stock-index futures traded sharply lower Thursday after data showed nearly another 3 million Americans lost jobs last week, down slightly from the prior week, but it still means about 36 million jobs have been lost to the COVID-19 pandemic......»»
Bond Report: 2-year Treasury yield sets new closing low as bonds rally on jobs data, Fed outlook
U.S. Treasury yields tumbled Thursday as investors saw another sharp rise in U.S. weekly initial jobless claims due to the coronavirus-driven economic downturn......»»