INVESTMENT-GRADE DEBT NARROWLY EDGED OUT JUNK BONDS in net prices linked to actual trades. Equities failed to find a direction upon the release of
revised GDP growth cutting the fourth-quarter
growth to 2.2 percent from 2.6 percent, well below the 3 percent annual target. Economists blame
softer consumer spending
and a decline in business investment from China, a result of the ongoing trade dispute. The
10-year Treasury note advanced 1.4 basis points.
S&P
+0.39%,
DOW
+0.37%,
NASDAQ+0.37%
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Topics:
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bond market,
market analytics,
News,
research,
market update
THE TEN-YEAR TREASURY YIELD FALLS BELOW 2.4 PERCENT sending equities into free-fall before rising trimming losses prior to market close. Investors fear of a looming recession given the yield inversion however, “Based on history, we get another year and a half or so before recession”. In addition, markets pounder whether the Fed will cut interest rates this year in wake of wake economic data. The 10-year U.S. Treasury note sank 3.9 basis points. S&P -0.46%, Dow -0.13%, NASDAQ -0.63%
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Investment Grade,
Analytics,
bonds,
junk bonds,
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market analytics,
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research,
market update
THE TEN-YEAR TREASURY YIELD FALLS BELOW 2.4 PERCENT
sending equities into
free-fall
before rising
trimming losses
prior to market close. Investors fear of a
looming recession
given the yield inversion however, “
Based on history, we get another year and a half or so before recession”. In addition, markets pounder whether the
Fed will cut interest rates
this year in wake of wake economic data. The
10-year U.S. Treasury note sank 3.9 basis points.
S&P
-0.46%,
Dow
-0.13%,
NASDAQ
-0.63%
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Topics:
High Yield,
Analytics,
bonds,
junk bonds,
bond market,
market analytics,
News,
research,
market update
INVESTMENT GRADE-DEBT EDGED OUT JUNK BONDS in net prices linked to actual trades. Housing starts
plunged nearly 9 percent
in February; the northeast took the most
significant hit
as permits sank 30 percent. The hottest housing markets, Seattle and San Francisco continue to show signs of cooling off even as interest rates decline. The
10-year U.S. Treasury note rose 1.5 basis point.
S&P
+0.37%,
Dow
+0.27%,
NASDAQ
+0.32%
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High Yield,
Analytics,
bonds,
junk bonds,
bond market,
market analytics,
News,
research,
market update
TREASURY YIELDS STABILIZED following Friday’s bond market rally and inversion of the 3-month bill and 10-year note. The
Federal Housing Authority is tightening lending standards
“flagging more loans as high risk”
concerned lenders are making loans that will default. The average credit score of a homebuyer seeking a mortgage
significantly decreased
over the past seven years to 620 compared to 701 in 2011. The
10-year U.S. Treasury note fell 4.3 basis point.
S&P
-0.07%,
Dow
+0.1%,
NASDAQ
-0.08%
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High Yield,
Analytics,
bonds,
junk bonds,
bond market,
market analytics,
News,
research,
market update
INVESTMENT-GRADE BONDS EDGED OUT HIGH-YIELD DEBT as bond investors scaled back risk upon the market
digesting the Feds dovish
tone
following yesterday’s conference. Data points to an
expanding economy
for the first time in five months aided by
“a rebound in stock prices”
and
“accommodative financial conditions”.
A Moody’s Analyst indicated expectations need to be reasonable for 2019,
“The U.S. economy enjoyed a banner year in 2018, juiced up by massive deficit-financed tax cuts for individuals and businesses and increases in government spending,”.
The
10-year U.S. Treasury note sank 8 basis point.
S&P
+1.09%,
Dow
+0.87%,
NASDAQ
+1.42%
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Topics:
High Yield,
Analytics,
bonds,
junk bonds,
bond market,
market analytics,
News,
research,
market update
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