Treasuries

As the U.S. dollar remains under pressure, its status as the “reserve currency” has come into question. Experts are highlighting the current administration’s intentions to reshape global economic linkages, along with a market reaction that suggests a potential erosion in its...

Treasury Secretary Scott Bessent has said that China couldn’t sell U.S. Treasuries to destabilize the financial markets, as it would affect their economy by weakening their currency. What Happened: Bessent, while speaking to Yahoo Finance, reiterated that there was no purpose for China to...

On Monday, economist Peter Schiff provided a counter-narrative to the claim that China won't sell U.S. Treasuries. What Happened: In a short post on X, Schiff challenged claims that China “won’t sell [U.S.] treasuries as doing so would strengthen the Yuan,” resulting in further...

Billionaire investor Bill Ackman has attributed the recent dramatic volatility across rates, currencies, and equities to “forced selling” by highly leveraged market participants, rather than fundamental economic shifts. What Happened: In an X post, Ackman argued that investors and...

As President Donald Trump unveils his economic plans, it is becoming clearer that tariffs are central to his strategy of pursuing growth without inflationary implications. Craig Shapiro, a macro strategist at the Bear Traps Report, argues that tariffs are the “only way” to fund tax cuts...

As U.S. Treasury yields approach the psychological 5% mark which it last saw briefly in 2023 and during the global financial crisis in 2008, analysts seem less concerned, calling this yield convulsion an overreaction. What Happened: The U.S. 30-year Treasury yielded 4.95% by the end of the trading...

It’s been a wild ride for long-term Treasury ETFs lately, and it's looking like they might have hit a rough patch. Following months of declining interest rates, yields on U.S. Treasurys reversed course in October, and the charts are now flashing a warning: the dreaded Death Cross is looming....

U.S. Treasuries are poised to come in even despite having a very volatile first six months of 2024. A Bloomberg index of returns in this bond market has declined a mere 0.1% for the year. It fell as much as 3.4% in April. The rebound indicates that investor outlook might be positive in light of...

Investors looking for alternate investments to stocks during the period of high inflation and recession worries were turning to 10-year and 30-year treasuries. A money manager has liquidated treasury holdings, driven by a fresh wave of optimism about economic growth. What Happened: Investors and...

The U.S. Treasury is expected to confirm next Wednesday, Jan. 31, further increases in government bond supply in its first quarterly refunding announcement of 2024. But is demand sufficient for the government to auction the debt at top prices and comfortable yields? Treasury demand dropped off...

The Federal Reserve delivered what the markets wanted on Wednesday — its cycle of rate hikes is likely over and rate cuts can be expected in 2024. Market reaction on Thursday continued to express investors’ delight that the six-week rally in equities can now be extended. Effectively pivoting...

Treasury auctions are coming under scrutiny for the latest signs of stress in the government bond market. What Happened: The U.S. looks to raise higher levels of capital in fixed-income markets next year. Yields spiked to 16-year highs in October as higher interest rates and the absence of some...

The U.S. repo market has come under the spotlight in the past couple of days as surging short-term interest rates are causing some stress for overnight funding on Wall Street, reminiscent of the 2019 funding crisis. A repo — or, to give its full name, a repurchase agreement — is an overnight trade...

U.S. government bonds are on track for their best month in nearly 40 years following a summer and early autumn sell off that saw foreign buyers all but desert the Treasury markets. The dramatic turnaround in November came as Treasury yields dropped from 16-year highs — with the benchmark 10-year...

Foreign buyers of U.S. government debt are drying up as investors look for higher yields. Data from the Treasury Department showed that foreign buyers, including central banks, financial institutions and private investors, were net sellers to the tune of $1.7 billion in September. The first time...