by David Loesch | Feb 15, 2025 | Chasing Yields, David
When investors review their monthly portfolio statement the balance reflects market prices which are rough calculations of their worth. These estimates are provided to securities market makers, clearing houses, and financial market participants to provide...
by David Loesch | Jan 16, 2025 | Chasing Yields
Yesterday, the Consumer Price Index (CPI) number came in lower than expected, highlighting that inflation rose slower than economists predicted. This news drove the 10-year Treasury yield down 13.5 basis points (bps), sending yields lower and erasing last week’s 10bps...
by David Loesch | Jan 7, 2025 | Chasing Yields
This week, long Treasury Bond yields reached their highest level in months. Today, the 30-yr T reached 4.915%, the highest level in just over a year and a 59-basis-point change since the close on December 6th. This is also a busy week for bond sales. The Treasury sold...
by David Loesch | Dec 26, 2024 | Chasing Yields
Bond yields are higher as the market is concerned that inflation will linger longer than anticipated. The 10-year Treasury reached the high of 4.59% today, as I write. Bond yields have stayed below 4.70% since April 25th, reaching the low of 3.62% on September 16th....
by David Loesch | Dec 19, 2024 | Chasing Yields
The Federal Reserve, in a move that was largely anticipated, lowered interest rates by a quarter point today, bringing the target Fed Funds Rate range to 4.25%-4.5%. The decision, with almost all but one Committee member voting for the cut, underscores the...
by David Loesch | Nov 6, 2024 | Chasing Yields
As Americans digest election results after another historic election, the stock market is soaring, and bond yields are higher. Yields hit multi-month highs as growth policies took center stage. In addition, the Fed is expected to lower interest rates by .25 basis...