Investors should pile into short-term bonds as markets wake up to...
Investors may want to look to short-term bonds as stocks sell off amid fears of a hawkish Fed, per BlackRock. US 2-year treasury yields jumped near 15-year highs this week as equities retreated. Traders are assessing hotter-than-expected Core PCE data released on Friday. Loading Something is loading. Thanks for signing up! Access your favorite topics…
You Can Still (Probably) Make a Killing on I Bonds
Photo: George Rudy (Shutterstock)With soaring inflation causing concerns for your investments, U.S. savings bonds are considered a safe bet, since they’re fully backed by the government. In October we told you to buy Series I bonds in order to lock in an interest rate of 9.62%, the reason being that in November, the Treasury Department…
Why You Should Buy Series I Bonds Right Now
Photo: Jonathan Weiss (Shutterstock)As inflation soars to the highest rate since 1981, you’ve very likely noticed how much it’s affecting the cost of many of your day-to-day necessities. But even beyond your checkbook and credit card statements, inflation is eating away at the purchasing power of the money you have parked in a savings account.…
The Dow sheds 300 points and bond yields climb amid warnings...
US stocks dropped, with the Dow shedding more than 300 points to open Friday's session. Goldman Sachs slashed its year-end S&P 500 target to 3,600 on expectations of a hard landing. Meanwhile, Treasury yields climbed to their highest mark in over a decade on Friday. Loading Something is loading. US stocks tumbled Friday and bond…
Russia says it will sue if forced into a default —...
Russia is facing a historic default after the US blocked the country's dollar debt payments. Russia then paid in rubles, and its finance minister said the country would sue if it was forced to default. On Friday, S&P downgraded Russia's foreign currency payments to a "selective default." Loading Something is loading. Russia's finance minister said…
