Analyst who predicted interest rates drop delivers new target
Here's what Treasury yields and mortgage rates could do in 2024.
Source: kilgorenewsherald.com
Page 11 - Treasury Note News Today : Breaking News, Live Updates & Top Stories | Vimarsana
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Top News In Treasury Note Today - Breaking & Trending Today
Recent Inflation Data Probably Will Allow Fed to Remove a Final Rate Hike
The recent inflation data probably will allow Fed governors in the dots to remove a final rate hike. Question now is how much room for rate cuts they see in 2024. A maximum of 50 bps expected rate cuts might help to trigger some consolidation on the recent decline in yields.
Source: actionforex.com
Futures Suggests Mostly Lower Open For Wall Street
Early signs from the U.S. Futures Index suggest that Wall Street might open mostly lower on Monday. There are no major economic announcements scheduled today.
Source: rttnews.com
Two Big Sector Bets for 2024 - Investing Daily
Utilities and REITs have taken a beating this year, setting the stage for this reversal trade that could be a big winner in 2024.
Source: investingdaily.com
US GDP Growth In Q3 Tops Expectations, Highest Since Q4 2021 - Invesco DB USD Index Bullish Fund ETF (ARCA:UUP), US Treasury 10 Year Note ETF (NASDAQ:UTEN)
US economy displayed robust growth in Q3 2023, surpassing estimates with 5.2% annualized GDP growth. Private inventory investment, consumer spending, and exports all contributed to the growth.
Source: benzinga.com