10-Year Treasury Yield Hits 5.21%, Highest Since 2007
The 10-year Treasury yield reached 5.21%, the highest since 2007, pushing mortgage rates to 7.45%. Economists are split on whether growth or fading debt demand drives the surge.
Topic
Federal Reserve
Topic
Federal Reserve
Richmond Fed's Barkin: The 'AI Apocalypse' Hasn't Arrived
Richmond Fed President Tom Barkin says the 'AI apocalypse' hasn't arrived. Firms are redeploying, not cutting staff, as the Fed h…
Behind Closed Doors, CEOs Deliver Verdict: Trump Policies Are Failing
Two-thirds of surveyed CEOs say tariffs hurt their businesses, with 80% of costs borne by firms and consumers. Nearly three-quart…
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10-Year Treasury Yield Hits 5.10%, Dragging S&P 500 Down 0.8%
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Fed Fund Futures Price 75% Odds of October Hike as Yields Break 5%
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Richmond Fed's Barkin: Inflation Risks Outweigh Employment Risks
Richmond Fed President Tom Barkin says inflation risks outweigh employment risks after last week's rate hike, leaving the door op…
Bond Market Is Pricing Too Many Fed Hikes, Ex-Dallas Fed Chief Kaplan Says
Former Dallas Fed President Robert Kaplan says markets are overpricing Fed hikes: September's move was right, October should brin…
S&P 500 Valuation Hits Level Last Seen Before the Dot-Crash
The S&P 500's Shiller CAPE ratio hit 40.68, its second-highest reading in over 150 years. The only higher mark came in 1999 — bef…
Bitcoin Back at $86,000: Tom Lee and iTrustCapital Say Worst Is Over
Bitcoin trades at $86,423 after a failed crypto bill and a Fed hike. Tom Lee and iTrustCapital's Kevin Maloney say the crypto win…
NY Fed's Perli Says Monetary Policy Toolkit Working Very Well
NY Fed SOMA manager Roberto Perli says rate control is very strong and reserves ample, and the paused Treasury bill buying progra…