IEI News and Press, iShares 3-7 Year Treasury Bond ETF From 07/13/24

2024-07-13 00:30:00 ET Summary US inflation data caused a significant selloff in US mega-cap tech stocks and a shift towards riskier areas of the market. The ECB interest rate decision is expected to bring no change, but the bank lending survey may shed light on the impact of high...

2024-07-13 00:15:00 ET Summary Core CPI, which excludes volatile food and energy prices, increased 0.1 percent. The energy component of the CPI fell 2.0 percent in June. Gasoline in particular is down 3.8 percent. Market rates are not only above natural-rate estimates. They ar...

2024-07-12 23:58:00 ET Summary The June CPI reading significantly increases the likelihood of a Federal Reserve rate cut in September. This marks the second consecutive month of weaker-than-expected inflation data. Headline CPI fell to -0.1% month-on-month, the first negative ...

2024-07-12 11:22:06 ET When will the Federal Reserve announce its first interest rate cut? This might be the biggest question on Wall Street at the moment, and responders who were asked the same question in Seeking Alpha's July Sentiment Survey saw some placing bets as early as July whi...

2024-07-12 10:35:00 ET Summary In June 2024, the 30-year fixed rate mortgage rate was around 6.9 percent vs around 3.6 percent in January 2019. Given recent monetary policy, it is reasonable to think that inflation will eventually return to 2 percent per year, or at least to the n...

2024-07-12 10:10:00 ET Summary U.S. growth is softening as lower-income households feel the bite of higher interest rates. A first Fed rate cut could occur in September, provided inflation continues to decelerate, and economic activity does not reaccelerate. The inflation scar...

2024-07-12 08:51:07 ET Wells Fargo argued on Friday that the financial community should be pumping the brakes on the idea of a “great rotation” as the brokerage believes in an oversold bounce rather than a market rotation.... Read the full article on Seeking Alpha ...

2024-07-12 08:00:00 ET Summary The CPI for June, on a month-to-month basis, was pushed down by plunging gasoline prices, the continued historic plunge in prices of durable goods, led by used vehicles, nearly flat food-at-home prices, and core services prices. The six-month core CP...

2024-07-12 06:28:00 ET Summary Federal Reserve policymakers closely watch core inflation data for signs of cooling, and June offered a second straight month of surprisingly low readings in the core CPI. Looking at the overall CPI data and trends, we don’t believe Juneȁ...

2024-07-12 05:16:00 ET Summary Thursday’s CPI report was a big downside surprise as more signs of disinflation appeared across the economy. Core CPI rose 0.06% in June, which brought the annualized rate to 3.27%. Core services were actually negative in June, the first time ...