Page 36 - Treasury Note News Today

The Fed, Banks, and How Im Trading JP Morgan Beyond JPM, here are the banks I have my eye on. Dec 21, 2020 | 10:09 AM EST Stressed? Who isnt stressed in this, the year of the pandemic. The year of lost social interaction. The year of the text... "How ya holdin up?", and not "Hey, wanna meet for a beer and burger tomorrow night?" The year of stress. Public health. Personal heath. Mental health. Financial stress. Clorox (CLX) scarcity stress. Toilet paper stress. Cant wait to say goodbye...

"In a word, its vaccines," he told CNBCs "Trading Nation" on Monday. "As vaccine distribution picks up, we think its going to boost confidence dramatically. Thats when you see a lot more hiring going on. Importantly, thats when policymakers should become a lot more comfortable with yields ticking up a bit." Schumachers call comes as Wall Street gets ready for Tuesdays final Federal Reserve meeting of the year on interest rates. "My colleagues and I at Wells Fargo think that vaccine distribution...

President trump and his advisers are telling people that the u.s. economy is not in a recession and china is bearing the brunt of the presidents trade war. well hear from some american farmers who beg to differ. first, alison kosik is here with this weeks "before the bell." alison? >> hi, ana. investors are watching for any updates on the u.s./china trade war and eyeing the bond market closely. the interest rate on the two-year treasury note dipped below the rate on the ten-year bond. thats know...

This is the hope that something actually will move. we already saw majority leader mitch mcconnell say, that this would be front and center when the senate got back into town. i think before things get too polarized as we get closer to the election, it will be the moment for politicians from both sides to actually get something done before it is too late. arthel: phillip, well leave it there. thank you. >> thank you. eric: trump administration now pushing back on concerns of a possible recession...

Ten-year treasury note. and when that has happened in the past it has preceded a recession. so thats why a lot of warning bells went off earlier in the week. of course we still have to continue to watch what president trump has to say on his twitter feed when it comes to the trade war and discussions with chinas president xi. he says there is a phone call scheduled so perhaps that is what a little hope in the market is hanging on right now. chris? >> thank you so much. appreciate that. meantim...

Points. what are we expecting today? what are you watching for? >> youre right, chris. weve had a very volatile week but in the first couple moments of trade at least the dow is higher by 172 points. thats good but so far the dow is on track for its worst week of the year. remember mid week on wednesday the dow dropped 800 points for its worst day of the year so weve got some ground to make up. the trouble is theres a lot of cross currents going on in both the market and the economy right now. w...

Thats when the interest that you get on a two year treasury note is actually higher than what you get on a 10-year treasury note and that is indicative of slowing growth in the future, not a good sign. we had president trump tweeting about this today and he started off talking about china first of all. let me get this up for you. it says "we are winning big time against china. companies and jobs are, prices for the u.s. have not gone up and in some cases have come down. china is not our problem,...

Manufactured in all sorts of things. now we got things like soybeans or certain kind of almond that are stuck here without a buyer. >> china kanako satcan go to va markets to get that, brazil or others. it is not enough to offset the losses if this goes on everyone loen longer. this is the 10-year treasury note. it has been getting lower and lower. >> it is broken 2% by a few weeks. the reason this is happening. the treasury notice usually considered one of the safest securities in the world bec...

Putting their money today. a ten-year treasury note. a lot of borrowing rates including home equity loans, home mortgage loans are pegged to it. it hit 1.6% today. that is the lowest its been and close to four years. its betting on the part of investors in general that as paltry as that yield is, it sure beats losing your hide in the market. lets ask teddy outside the new york stock exchange. what do you make of that? interest rates are sliding. they feel the federal reserve will help by cutting...

>> i would say i hope people who remember what happened after tiananmen square in june of 1989 take that into account. i think china made a commitment in the joint sino british declaration to give hong kong 50 years of separate status after the handover. if china doesnt honor its international commitments, it sends a signal for other possible commitments they might make in the future. stick a slightly understated compared to what we typically hear from the national security advisor. china remain...