Bitcoin is trading 2.72% higher on Tuesday at $89,918, inching closer to the psychological $90,000 mark as investors continue to move away from traditional assets and into crypto amid escalating concerns over U.S. Treasuries and the Federal Reserve's independence. The world's largest cryptocurrency is up 5.88% over the last week and 6.61% over the past month.
Bitcoin is trading 2.72% higher on Tuesday at $89,918, inching closer to the psychological $90,000 mark as investors continue to move away from traditional assets and into crypto amid escalating concerns over U.S. Treasuries and the Federal Reserve's independence. The world's largest cryptocurrency is up 5.88% over the last week and 6.61% over the past month.
U.S. 10-Year Treasury yields touched 4.5% on Friday, up 55 basis points over the week, marking their biggest weekly gain in three years, owing to substantial tariff-related uncertainties.
In a CNBC interview Friday, Minneapolis Federal Reserve President Neel Kashkari raised concerns that investor sentiment may be shifting away from the U.S., citing unusual market movements amid ongoing trade tensions. What To Know: Treasury yields have surged while the dollar has weakened?an atypical reaction during geopolitical uncertainty.
Back-to-back weaker-than-expected inflation reports are failing to calm the U.S. Treasury market, with bond yields climbing again on Friday and fueling speculation that a policy misalignment may soon force the Fed's hand.
Despite a surprisingly soft inflation report and President Donald Trump?s temporary trade truce, U.S. Treasury yields rose Thursday, suggesting that bond investors remain skeptical of a near-term Fed pivot and are bracing for prolonged policy uncertainty.
President Donald Trump?s tariff announcements led to a sell-off in the stock market and prompted investors to move to safer assets such as Treasury bonds. Mortgage Rates: Despite the initial drop, mortgage rates rebounded as Treasury yields ticked back up. The current rate for a 30-year fixed mortgage sits at 6.85%, according to Mortgage News Daily.
The 10-year Treasury just notched its best week since August, as a market flight to safety sent yields tumbling below 4%. Investors rushing out of risk assets have piled into government bonds, pushing Treasury prices higher and handing the iShares 20+ Year Treasury Bond ETF a solid boost. Chart created using Benzinga Pro TLT is riding the wave, up 6.53% year-to-date and 2.03% in the past month.
For most of the past five years, bonds have been in a brutal bear market. Since peaking on March 9, 2020, the iShares 20+ Year Treasury Bond ETF ? the world?s largest fixed-income ETF ? has lost nearly 50%, battered by tight monetary policy, strong economic growth and persistent inflation. Yet, fresh reversal signals have started emerging as the first quarter of 2025 draws close.
Editor?s Note: This article has been updated to improve relevance and clarity. Bank of America Corp (BAC) shares are down 2.6% to $40.33 in Monday?s session and have fallen 10% over the past five sessions. The financial sector, which has been under pressure from rising Treasury yields and investor uncertainty, saw significant losses, with Bank of America (BAC) among the hardest hit.
Bank of America Corp (BAC) shares are down 2.6% to $40.33 in Monday?s session and have fallen 10% over the past five sessions. The financial sector, which has been under pressure from rising Treasury yields and investor uncertainty, saw significant losses, with Bank of America (BAC) among the hardest hit.
IonQ, Inc. (IONQ) shares are trading lower on Thursday. In fact, shares of companies with the broader tech sector are trading lower amid overall market weakness following a rise in Treasury yields. Investors may be evaluating ongoing global tension related to tariffs and conflict. According to?Benzinga Pro, IONQ (IONQ) stock has gained over 111% in the past year.
U.S. stocks were trading lower on Tuesday following the worst trading session of 2025, as investor anxiety over impending tariffs weighed on sentiment. Treasury yields also declined, with the 10-year yield at 4.16%, while markets overwhelmingly expect the Federal Reserve to hold interest rates steady in March.
Cryptocurrency analyst Benjamin Cowen discussed the latest Consumer Price Index report and its potential impact on Bitcoin and the broader market, emphasizing the delicate balance between inflation and unemployment rates. What Happened: In his latest podcast on Wednesday, Cowen discussed how the 10-year Treasury yield affects Bitcoin's price action.
The past week in the world of finance was marked by significant developments in the cryptocurrency sector. Standard Chartered Advises Against Buying Crypto Dip Standard Chartered?s Head of Digital Assets Research, Geoffrey Kendrick, cautioned investors against buying the dip in cryptocurrencies until U.S. Treasury yields come lower. Read the full article here.
Standard Chartered?s Head of Digital Assets Research Geoffrey Kendrick on Monday advised against buying the dip in cryptocurrencies until outright back-end U.S. Treasury yields come lower. What Happened: In a note to Benzinga, Kendrick stated that the current sell-off differs significantly from the previous one.
Amid rising concerns about a potential ?death spiral? in the U.S. Treasury market, major international investors remain unfazed. What Happened: European money managers, Australian pension funds, and Japanese insurers are still favoring U.S. Treasuries, attracted by their yield premiums compared to other markets.
The U.S. bond market is sending significant signals to Wall Street and Washington as Treasury yields approach levels not seen in nearly two decades, potentially complicating the incoming president-elect Donald Trump administration?s economic agenda. What Happened: The yield on the 10-year Treasury has surged more than 1% since September, nearing the psychologically important 5% threshold.
The allure of 5% yields is driving investor inflows into long-dated Treasury ETFs, even as persistent bond market losses and rising macro uncertainties complicate the interest-rate outlook. Last week, iShares 20+ Year Treasury Bond ETF saw a staggering $1.5 billion in inflows, as etfdb.com data shows.
Mortgage rates last week reached their highest levels since July 2024 with the average 30-year fixed mortgage rate staying above 7%, according to Bankrate. The Details: Mortgage rates have climbed higher following recent economic data which has dampened Wall Street's expectations for the Federal Reserve to cut rates in the near future and caused 10-year Treasury yields to surge.
As U.S. Treasury yields approach the psychological 5% mark which it last saw briefly in 2023 and during the global financial crisis in 2008, analysts seem less concerned, calling this yield convulsion an overreaction. What Happened: The U.S. 30-year Treasury yielded 4.95% by the end of the trading session on Friday, however, it touched a high of 5.005% intraday.
The labor market ended 2024 on a strong note, adding 256,000 jobs in December, exceeding economist forecasts and showcasing once again the resilience of the U.S. economy. Nonfarm payrolls rose by 256,000 last month, up from the downwardly revised 212,000 in November and sharply surpassing economist expectations of 160,000 payrolls as tracked by TradingEconomics.
The Federal Reserve indicated a more tempered approach to interest rate cuts in 2025. That?s according to minutes from the Fed?s December meeting, which were released on Wednesday, Jan. 8. Investor interest shifted toward treasury bonds, as the 10-year yield briefly touched 4.73% on Wednesday, amid resurfacing inflation fears and anticipation around potential tariffs and tax policies.
SoundHound AI Inc.?s shares are trading lower Wednesday potentially from continued momentum due to sector-wide challenges. What To Know: The broader tech selloff follows NVIDIA Inc.?s mixed reception at CES 2025 and rising treasury yields on Tuesday. Economic data may have also added to the decline.
The U.S. dollar extended its rally to a 14-month high and Treasury yields continued their relentless rise on Wednesday as speculation grew that President-elect Donald Trump is considering invoking sweeping emergency powers to implement new tariffs, fueling fears of inflation and policy uncertainty.
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The U.S. economy expanded at an annualized real growth rate of 3.1% in the third quarter of 2024, exceeding the prior estimate of 2.8%, according to the official final reading released on Thursday. This marks the fastest pace of economic expansion since the fourth quarter of 2023 and signals a stronger-than-expected rebound in activity.
A widely expected increase in the October Personal Consumption Expenditures price index ? commonly regarded as the Federal Reserve's preferred inflation gauge ? triggered fresh losses for the U.S. dollar, while Treasury yields and U.S. stocks also slid in tandem.
The victory of President-elect Donald Trump accompanied by stronger-than-expected economic data has been able to shrug off the worries from the rise in Treasury yields as the S&P 500 Index, which fell by 2.3% last week at 5,870.62 is still higher than its pre-election levels of 5,712.69 points on Monday, Nov. 4. However, Fed Chair Jerome Powell?s pirouette on interest rate reduction on Th...
Yields on U.S. sovereign debt rose during election night as investors digested the preliminary results from the closely contested fight between Donald Trump and Kamala Harris.
In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.
Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.
Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.