Kevin Warsh didn?t get a gentle welcome. The 30-year yields were at 5.17% while the 10-year hit 4.65%. His response? Markets heard him. However, the treasury market doesn't follow narratives ? it is dealing with a different reality, including giant federal deficits, heavy issuance, and a bond market that increasingly refuses to take soothing guidance at face value.
Prominent economist Mohamed A. El-Erian is warning about a shift in market dynamics, warning that investors can no longer count on traditional central bank interventions to rescue underperforming assets. According to a Substack post by El-Erian, the global economy has entered a complex environment where traditional safety nets are fading.
President Donald Trump told the room he wants Kevin Warsh ?totally independent? as he swore him in as Federal Reserve chairman Friday, then spent the next hour arguing the economy can boom without inflation. The price data has other ideas.
The S&P 500 has spent much of the past year defying gravity. But according to exclusive comments shared by WisdomTree's Kevin Flanagan, one number may matter more than any other in the months ahead: 5% ? the level on 10?year Treasury yields that could send tremors through the stock market.
Inflation may be grabbing the headlines, but some bond investors are already looking beyond the next Consumer Price Index report. A less-discussed risk is beginning to emerge in the Treasury market: supply.
A selloff in the U.S. Treasury market has pushed long-term yields dangerously close to?and in some cases above?the 5% threshold, igniting an intense ideological battle among Wall Street's top macro minds over whether the global economy is entering a permanent structural shift or a temporary disruption.
The iShares 20+ Year Treasury Bond ETF??attracted $652.41 million in inflows on May 19, per Etf.com, signaling some investors are piling into long-duration Treasuries even with fears of higher inflation and interest rates driving yields up.
President Donald Trump signed an Executive Order on Tuesday directing regulators to take measures to promote fintech innovation, including an assessment of extending access to Federal Reserve payment rails. The Executive Order specifically instructed the Fed to evaluate the potential for uninsured depositories and non-bank fintechs to access?Fed payment accounts and?services.
Rocket Lab Corp (RKLB) shares are under pressure Tuesday as investors rotate out of space and aerospace names. Space?related equities are losing altitude as the macro backdrop turns more hostile. Yardeni suggested the Fed may abandon its easing stance entirely and shift toward a tightening posture at the June meeting, with a possible 25 basis point hike in July.
While Wall Street remains fixated on upcoming NVIDIA Corp (NVDA) earnings, the bond market may be flashing the more important signal. ? NVIDIA (NVDA) stock is showing upward bias.
Nauticus Robotics (KITT) released first-quarter financial results and hosted an earnings call on Tuesday. This content is powered by Benzinga APIs. Access the full call at https://events.q4inc.com/attendee/228928122 Nauticus Robotics Inc (KITT) reported Q1 2026 revenue of $0.2 million, a decline from the previous quarter, attributed to seasonal softness in the offshore market.
Gold price continued its downward trend and is about to flash a death cross pattern as inflation jumps and top ETF outflows continued. American investors are dumping their gold ETF assets. These outflows have increased as odds that the Federal Reserve will cut interest rates ease.
The iShares 20+ Year Treasury Bond ETF stock price crashed to its lowest level since November 2023 as US bond yields surged after the strong consumer and producer inflation numbers. ETFs tracking long-term government bonds continued their strong downward momentum last week as concerns about the US economy rose.
The near-vertical AI-driven rally that pushed Wall Street to record highs ? one of the fastest and most powerful snapback advances in modern market history ? finally collided with a new reality this week: inflation is reaccelerating, and the bond market is beginning to price in the risk of another Federal Reserve rate hike.
XRP could be preparing for a "macro wave three" breakout if Bitcoin confirms a move above key resistance near the $94,000 region. In a May 14 podcast, trader Cryptoinsightuk tied his bullish thesis to a combination of macro catalysts, including ongoing crypto regulation efforts, improving U.S.-China relations and shifting Federal Reserve leadership expectations.
The U.S. dollar is headed for its strongest weekly performance in more than two months on Friday as Treasury yields climbed and traders scaled back expectations for Federal Reserve rate cuts. The U.S. Dollar Index rose to 99.15 at 4:12 a.m. ET, gaining about 1.3% for the week. UUP is among the biggest beneficiaries of the rising dollar.
Bitcoin trades below $80,000 on Thursday morning as hotter-than-expected U.S. producer inflation data weakened expectations for near-term Federal Reserve rate cuts. Bitcoin ETFs saw $635.2 million in net outflows on Wednesday, while Ethereum ETFs reported $36.3 million in net outflows. Meme coin market capitalization is trading 1.6% lower at $38.5 billion over the past 24 hours.
Jeff Rosenberg, senior portfolio manager at BlackRock Inc.??said Thursday that inflation pressures may actually be nearing a peak despite recent hotter-than-expected CPI and producer inflation reports that reignited fears of further Federal Reserve tightening.
President Donald Trump?s nominee Kevin Warsh has been confirmed as the new Federal Reserve Chair, but bettors believe there's a reasonable chance he could still face public pushback from the POTUS. Prediction market Kalshi estimates a 56% likelihood that Trump will criticize Warsh before the end of the year.
Kevin Warsh has been confirmed as the next chair of the Federal Reserve, marking a significant leadership shift at the U.S. central bank, confirmed the New York Times. Read Also: Trump Wanted Warsh For Rate Cuts, He May Get A Hike Instead Warsh, a former Federal Reserve governor who served from 2006 to 2011, succeeds Jerome Powell at a challenging moment for the economy.
Editor?s note: This article was updated to add details and context. U.S. producer prices jumped the most since 2022 last month as the Strait of Hormuz energy shock continued to feed through the inflation pipeline, adding fresh concerns over the Federal Reserve?s rate outlook.
U.S. producer prices jumped the most since 2022 last month as the Strait of Hormuz energy shock continued to feed through the inflation pipeline, adding fresh concerns over the Federal Reserve?s rate outlook.
The CNN Money Fear and Greed index showed some improvement in the overall market sentiment, while the index remained in the ?Greed? zone on Tuesday. U.S. stocks settled mixed on Tuesday, with the S&P 500 falling from a record high during the session after a hotter-than-expected April inflation report consolidated worries that the Federal Reserve will not cut interest rates this year.
Editor?s note: This article was updated to add more detail and context. Price pressures intensified further in April as the energy shock from the Strait of Hormuz blockade reverberated across the Consumer Price Index basket.
Price pressures intensified further in April as the energy shock from the Strait of Hormuz blockade reverberated across the Consumer Price Index basket. The headline inflation rate climbed from 3.3% year-over-year in March to 3.8% in April, topping economist expectations of 3.7%, the Bureau of Labor Statistics reported Tuesday.
Bitcoin is holding above $80,000 as traders await key U.S. CPI inflation data. Meme coin market capitalization is trading 2.9% lower at $39.3 billion over the past 24 hours. Trader Commentary:? Trader Michael van de Poppe said Bitcoin's broader trend structure remains bullish despite recent consolidation.
Sales of previously owned U.S. homes rose slightly in April as housing inventory improved, though affordability pressures continued limiting broader market activity. Existing-home sales increased 0.2% month-over-month to a seasonally adjusted annual rate of 4.02 million units in April, according to data released on Monday by the National Association of Realtors.
If the disinflation story stalled in March, April is set to bury it. The Bureau of Labor Statistics releases the April inflation data at 8:30 a.m. ET on Tuesday, three days before Kevin Warsh is expected to be sworn in as the next Federal Reserve Chair on May 15.
Editor?s note: This article was updated to add details and context. The U.S. labor market added 115,000 nonfarm payrolls last month, blowing past economist forecasts for 62,000, the Bureau of Labor Statistics reported Friday. The print marks a slight deceleration from the prior month?s upwardly revised 185,000 gain.
The U.S. labor market added 115,000 nonfarm payrolls last month, blowing past economist forecasts for 62,000, the Bureau of Labor Statistics reported Friday. The print marks a slight deceleration from the prior month?s upwardly revised 185,000 gain. The unemployment rate held at 4.3%, unchanged from the previous reading and in line with the 4.3% consensus.
The yield on the 30-year US Treasury bond has retaken the 5% mark for the third time in less than three years, and this time the bill is arriving in plain sight: Washington is now spending roughly?$1.22 trillion?a year servicing its debt, the equivalent of over 4% of GDP and a level the United States has not paid out in interest since the early 1990s.
Bitcoin is increasingly seen as a national security tool, sparking a debate about how Bitcoin will integrate in times of rising sovereign debt. U.S. public debt has topped 100% of GDP for the first time since 1946 when the country demobilized after World War II. The government now spends $1.33 for every dollar collected, with debt service approaching $1 trillion annually.
Ocugen (OCGN) reported first-quarter financial results on Tuesday. This transcript is brought to you by Benzinga APIs. View the webcast at https://edge.media-server.com/mmc/p/znywz75g/ Ocugen Inc (OCGN) announced a $115 million offering of convertible senior notes, expected to close on May 7, 2026, enhancing cash reserves to $112.1 million and extending cash runway into 2028.
Addus HomeCare (ADUS) held its first-quarter earnings conference call on Tuesday. Benzinga APIs provide real-time access to earnings call transcripts and financial data.
On Monday, ON Semiconductor discussed first-quarter financial results during its earnings call. This transcript is brought to you by Benzinga APIs. View the webcast at https://edge.media-server.com/mmc/p/62mp4a93 ON Semiconductor reported Q1 2026 revenue of $1.51 billion, with non-GAAP EPS of $0.64, both exceeding guidance midpoints.
Wall Street is bracing for a leadership shift at the Federal Reserve as Jerome Powell's term nears its end, with Kevin Warsh widely seen as a potential successor. This time, the ETF market is reinforcing that shift.
The week saw significant developments in the U.S. economy, with the GDP growth rate for the first quarter of 2026 soaring, gas prices, and a dip in President Trump?s approval rating. The U.S. economy experienced a 2% annualized growth rate in the first quarter of 2026, as per the advance estimate released on Thursday.
The average 30-year fixed-rate mortgage rose to 6.30% for the week ending April 30, 2026, up from 6.23% the prior week, Freddie Mac?? said Thursday. The 15-year fixed rate also rose, averaging 5.64%, compared with 5.58% last week.
Bitcoin is trading sideways near $76,000 as traders closely watch Federal Reserve policy and regulatory developments. During an Apr. 30 crypto roundtable featuring Benjamin Cowen, analysts highlighted two key near-term risks: tightening global regulation and uncertainty around Federal Reserve policy.
ConocoPhillips (COP) reported first-quarter fiscal 2026 results that topped analyst expectations, supported by stronger-than-expected earnings and revenue. The company posted earnings of $2.2 billion, or $1.78 per share, down from $2.8 billion, or $2.23 per share, in the same quarter last year. Total production declined 80 MBOED year over year to 2.3 million barrels of oil equivalent per day.
Borrowing costs across the U.S. are set to remain elevated, as interest rates are expected to stay higher for longer. The Federal Reserve left its benchmark federal funds rate unchanged at 3.50%?3.75%, with Jerome Powell indicating policymakers are in no rush to begin cutting amid persistent inflation pressures. The decision extends a period of "higher-for-longer" policy.
Editor?s note: This article was updated to add more details and context. U.S. economic activity expanded at an annualized rate of 2% in the first quarter, according to the advance estimate released Thursday. The reading marked an acceleration from the prior 0.5% pace but came in below economists' expectations for a 2.3% expansion.
U.S. economic activity expanded at an annualized rate of 2% in the first quarter, according to the advance estimate released Thursday. The reading marked an acceleration from the prior 0.5% pace but came in below economists' expectations for a 2.3% expansion.
The S&P 500 closed lower on Wednesday, slipping to 7,135.95 as investors balanced a pivotal day of megacap tech earnings against an escalating geopolitical standoff and the Federal Reserve?s decision on interest rates. The Polygon-based Polymarket crowd is slightly bearish heading into Thursday?s open.
Jerome Powell used his final press conference as Federal Reserve chair to deliver an unexpected message: he is not leaving the Fed. When his term expires on May 15, Powell plans to remain on the Board of Governors, citing what he called "unprecedented" legal assaults on the central bank ? a move that could reshape the balance of power inside the Federal Open Market Committee.
The Federal Reserve held the benchmark federal funds rate at 3.50-3.75% on Wednesday, in what is widely expected to be Chair Jerome Powell?s final policy decision before passing leadership to Kevin Warsh on May 15. Governor Stephen Miran again dissented in favor of a quarter-point cut.
The Federal Reserve held the benchmark federal funds rate at 3.50-3.75% on Wednesday, in what is widely expected to be Chair Jerome Powell?s final policy decision before passing leadership to Kevin Warsh on May 15. Governor Stephen Miran again dissented in favor of a quarter-point cut.
Later today, Federal Reserve Chair Jerome Powell will hold what is probably the final meeting of his tenure. Fed entered 2026 flirting with a rate cut down the road. Yet, that hope dispersed once the war with Iran drove renewed cost-side inflation.
Tradeweb Markets (TW) released first-quarter financial results and hosted an earnings call on Wednesday. This transcript is brought to you by Benzinga APIs.
Bitcoin tapped $77,000 early Wednesday as analysts debate how the change at the helm of the Federal Reserve will impact the apex crypto. In an Apr.29 podcast, Benjamin Cowen said Bitcoin has historically performed best under loose monetary conditions.
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.
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