ZROZ News and Press, PIMCO 25 Year Zero Coupon U.S. Treasury Index Exchange-Traded Fund From 07/10/24

2024-07-10 12:20:00 ET Summary The UST yield curve has been inverted, but there is speculation about when it will “un”invert and move out of negative territory. Short-term and long-term rates do not always move in the same direction, and the magnitude of their moveme...

2024-07-10 11:50:00 ET Summary The last time the Fed cut the fed funds rate, the Fed easing monetary policy started with Janet Yellen in Q4 ’16 and ended with Jay Powell in late 2018. The TLT returned +14.12%, in 2019 as the Fed reduced the fed funds rate slightly. Inve...

2024-07-10 03:15:00 ET Summary Fed Chair Powell’s testimony didn’t give away much and markets continue to price in around a 75% probability for a September cut. French spreads remain elevated, but issuers are returning to EUR primary markets as event risks are abatin...

2024-07-09 12:59:00 ET Summary Progress appears to being made on the Fed’s aspiration of moving the economy into better balance and thus bringing inflation down towards the 2% target. Two-way risks are also increasingly being acknowledged and if the data moves in the direct...

2024-07-09 03:04:00 ET Summary A more dovish Powell would help firm up the September cut expectations ahead of the CPI release due Thursday. Whereas in the US, we see the rate-cutting narrative picking up momentum; in the Eurozone, the direction is less evident. The 10Y B...

2024-07-08 14:35:00 ET Summary The S&P 500 and Nasdaq Composite Index rose to fresh record highs on Friday. The latest jobs data helped add to bullish sentiment. Along with other recent reports, Friday’s one suggests the economy is cooling without collapsing. That is re...

2024-07-08 07:55:00 ET Summary The S&P Global US composite PMI was a little less than expected but above 50 at 51.6 while the ISM manufacturing PMI was slightly less than expected at 48.5. Construction spending, which has been an economic bright spot for at least the last year...

2024-07-06 06:20:00 ET Summary After nearly 10 months of issuing mostly short-term debt, the Treasury finally issued Notes in 2 of the last 3 months. In the first six months of 2024, the Treasury has added over $870B in new debt. So far in 2024, the Treasury has kept a fairly ...

2024-07-05 21:10:00 ET Summary Despite economic uncertainty, markets rallied in the first half of 2024, driven by expected Fed rate cuts and surging AI stocks. The second half of the year is likely to be largely characterized by potential Fed rate cuts, bond market stabilization, ...

2024-07-05 18:40:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...