SCHQ News and Press, Schwab Long-Term U.S. Treasury ETF From 10/18/23

2023-10-18 20:55:00 ET Summary With all the attention given to the recent surge in Treasury (UST) yields, there has been an interesting by-product in the process: steepening yield curves. Remember when inverted yield curves were all the rage, and their historical track record was ...

2023-10-18 05:55:00 ET Summary Long-end rates have returned to - or even surpassed - yield levels seen just before the start of the conflict in the Middle East. The US Treasury 10Y yield has risen above 4.84% again. 4.8% was the level where it closed the week following a strong pa...

2023-10-17 09:15:00 ET Summary Global stocks didn’t experience the big sell-off many feared would occur last week, despite the rise in geopolitical risk since Hamas’ attack of Israel. There is still uncertainty about the path of monetary policy, with the focus on whe...

2023-10-17 07:30:00 ET Summary What the Gaza conflict could mean for oil markets. Why the real threat to markets is if the Israeli-Hamas conflict pulls in other actors. Managing a portfolio in a time of uncertainty. The conflict between Israel and Hamas is adding m...

2023-10-17 03:58:00 ET Summary Investors should try to respond not to the events of the past week, but to the deeper global trends they reflect. In our view, an extended period of globalization, political and geopolitical consensus, and low inflation is giving way to an age of deg...

2023-10-16 12:32:00 ET Summary We turn tactically neutral long-term Treasuries as markets price high-for-longer policy rates but stay underweight strategically. We cut high-quality credit again. U.S. stocks steadied last week as Q3 earnings season started. Ten-year Treasury yields...

2023-10-16 05:44:00 ET Summary The CPI report didn’t seem to have much impact with rates little changed an hour after the report but bond selling was persistent all day. We think we are in the midst of a secular change in the trend for inflation and interest rates. The down...

2023-10-16 05:18:00 ET Summary According to Morningstar, the iShares TLT’s SEC yield, is 4.85%, while the 12-month yield is 3.57%, thus splitting the difference on the TLT yield puts the average around 4.2%. The flip side of the Treasury valuation argument is that the Treas...

2023-10-14 03:55:00 ET Summary The risk of a crisis event in the economy is increasing, as the Fed’s "higher for longer" narrative is compromised by lagging economic data. The yield curve inversions occur roughly 10-24 months before a recession or crisis event. This is beca...

2023-10-13 00:30:00 ET Summary An inverted yield curve, with short-term debt yielding more than long-term bonds, benefits net interest income for households. Sticky wage inflation is likely to support core inflation longer unless there is some weakness in the labor market. The...