Page 41 - Bond Yield News Today : Breaking News, Live Updates & Top Stories | Vimarsana

He. >> time for what do i need to know for next week. wayne, you're first. >> well, i like facebook. their earnings turned up repeatedly, the stock turned up with it and i think you can hold on to it. it's above its original offering a price. >> i like that, too. a lot of money managers will have to buy into that number what about it, john, you like it? >> don't own it, eric. but i don't trust the government. that's why i'm betting against interest rates. in fact, government can't set wages or interest rates. long-term rates jumped as. lotg this year. i'm betting on short-term rates going up.o...

Looking closely at interest rates, specifically home buyers? they are extracting -- the general consensus is they're expecting mortgage rates to shoot up to 4.5% real fast. >> they're right. mortgage rates be higher and they're going to rise a great deal. there's no way you should have a t-bill yield of four basis points. it's ridiculous. and a ten-year bond yield of, what, 250, 255? that's way, way, way too low for long-term. the fed's done that -- >> won't it damage the housing recovery if you suddenly get a nice -- not a nice -- a spike in mortgage rates? >> it's not only what you can borro...

>> neil: you are looking at unusual things happening. interest rates. >> worrisome ri some levels. >> we should point out, stock traders are not the most insightful people. >> i would never say that. >> i will say that every day. they hit buttons. they go off headlines. i don't want to interpret too much here. the paradigm that i spoke about on your show is cracking the. >> neil: it's not pa-radig-um. >> the notion that they are going to be printing money is over. you had a back upup in the bond yield and bond prices sink when the yield goes higher maybe people start moving into bonds. bonds y...

You. lock another total corporate profits, national income, and they're about the heist they're ever been. then you capitalize those economic profits using the long-term bond yield and then take tacks out of the process and you have a stock market that is probably 50% below where it should be. >> so it should be, according to art, 20,000, not 14 and change. >> compared to profit rates and tax rates, yes. >> would you say america is returning to prosperity? >> or else problems in the future but i say america is returning to prosperity. it's a slow return under this administration, the slowest r...

>> i thought you were still working in journalism. >> bond yield. >> he's on the the desk, on the trading desk. sounds like alan greenspan over there. >> i'm the cochair of the campaign to fix the debt with judd gray and we've got over 2,000 of the 5,000 major corporations signed on to the campaign -- >> still buying triple bonds. >> we've raised $26 million for a pr campaign right after the election to try to get people to focus. i think the american business community is going to weigh in with republicans and say, enough, we want this done. >> that would be a bold strike by the business comm...