SCHQ News and Press, Schwab Long-Term U.S. Treasury ETF From 11/30/23

2023-11-30 22:15:00 ET Summary All are consistent with the view that the economy is growing at a moderate pace and inflation is fast approaching the Fed's target (indeed, by some measures it is already below target). M2, the most important monetary variable that the world (and the...

2023-11-30 10:55:00 ET Summary Today's economic reports provide further evidence of moderating growth, easing inflation pressures and a cooling jobs market. This should only confirm market expectations that the next Federal Reserve policy move is going to be an interest rate cut. ...

2023-11-30 10:12:00 ET Summary Investors are increasing their collective bets that the Fed will soon start cutting interest rates. The policy-sensitive 2-year US Treasury yield has fallen sharply in recent trading sessions, dropping to 4.64% on Nov. 29, the lowest since July. ...

2023-11-28 01:30:00 ET Summary We turn more positive on short- to medium-term developed market (DM) sovereign bonds in our latest strategic update. We trim DM stocks to neutral. Ten-year U.S. Treasury yields steadied after their drop from 16-year highs. We think yields will stay v...

2023-11-27 14:30:00 ET Summary Market implied Fed Funds rate discount a string of cuts starting in January 2024 and culminating in a 4.492 percent in January 2025. Markets are not following monetary aggregates, and what they show is not good for the economy. Fed rate cuts as t...

2023-11-27 12:56:00 ET Summary Despite negative news, the US economy is growing at a trend of 2% and has added nearly 3 million new jobs over the past year. Real disposable personal income (adjusted for inflation, after tax) is up 3.5% over the last year and real personal consumpt...

2023-11-25 05:08:23 ET Summary Hedge funds betting on a decline in US and European stock markets have suffered an estimated $43bn of losses in a sharp rally over recent days. The Goldman Sachs most short index began the year with a 34% rally into early February. Chinese Bubble...

2023-11-24 07:30:00 ET Summary The bond market's obsession with the rate cycle should blind it from fiscal deficit worries. A rate-cutting cycle typically results in positive total returns right out the curve, with the best of those in longer tenors. We're expecting that for m...

2023-11-24 06:55:00 ET Summary Even though the US Treasury has taken some pressure off longer tenors by morphing new issuance towards shorter tenors, the size of the fiscal deficit still matters for the bond market. For any given Fed funds rate, it means a steeper curve from the b...

2023-11-23 01:15:00 ET Summary The most recent U.S. Consumer Price Index (CPI) data for October came in lower than economists’ expectations and showed declines across most categories. With inflation still above the Fed’s 2% target, concerns continue to linger over wh...