SCHQ News and Press, Schwab Long-Term U.S. Treasury ETF From 10/31/23

2023-10-31 03:25:00 ET Summary I find it fascinating that for the first full year of inflation, 2021-2022, markets did not price in any interest rate rise at all. When the Fed finally did start to raise rates, amid raging inflation, the market even more curiously thought the rate ...

2023-10-31 00:30:00 ET Summary By themselves, Treasury yields spiking out of control can cause a recession, and October delivered both a 5% yield on 10-year Treasury bonds and 8% fixed-rate mortgages. We have gotten into a situation where the avalanche of Treasury issuance (due to...

2023-10-30 21:20:00 ET Summary Larger-than-expected Treasury issuance could lead to worsening budget deficit concerns. Nikkei reported that BOJ is considering a further adjustment to its YCC framework. FOMC expected to keep rates on hold and maintain a tightening bias. ...

2023-10-30 19:40:00 ET Summary The problems we face today, from wars to inflation to dysfunctional politics, are serious but they are no more serious than those we’ve faced in the past. Stocks have performed poorly but the underlying driver of stock prices – earnings...

2023-10-30 15:25:00 ET Summary Tectonic shifts in the U.S. financial sector are changing the markets for deposits and credit. This is a mega force we see affecting returns now and in the future. U.S. stocks hit five-month lows and 10-year Treasury yields rose above 5% last week. Q...

2023-10-30 12:45:00 ET Summary The US Treasury refunding announcement at 2 PM central today has suddenly become a big deal. The budget deficit is much larger than expected in 2023. The Street is still populated with forecasts for a 6-7% 10-year yield, which would leave much of...

2023-10-30 07:45:20 ET This week's FOMC announcement on interest rates would typically be the big-name event for investors, but not this time around. While a Fed hike in December is up for debate, no one expects the central bank to raise rates this week, especially given recent economic dat...

2023-10-30 07:30:00 ET Summary The US economy grew at a remarkable annualized rate of 4.9 percent this quarter, the Bureau of Economic Analysis reports. The most recent CPI release showed core inflation, which excludes volatile food and energy prices, running at 3.87 percent. ...

2023-10-30 07:07:00 ET Summary Looking at the fed funds probability picture, it’s clear the Fed / FOMC is on hold for now. I also think investors have to look at yields at the longer end of the curve, as there are some signs of the US economy weakening. Apple’s r...

2023-10-26 23:50:00 ET Summary Q3 GDP came in at a boomy 4.9%. The primary drivers were inventories and personal consumption, at 1.3% and 2.69%. The inventory rebuild is a volatile component, but the consumption figure is impressive and reflects the most important component of GDP...