BX:TMUBMUSD02Y

2-year Treasury yield hits one of highest levels since 2007 as bond selloff continues

2-year Treasury yield hits one of highest levels since 2007 as bond selloff continues

Treasury yields continued to climb on Monday, with the 2-year rate reaching one of its highest levels since 2007, as bonds tumbled in the wake of Federal Reserve Chairman Jerome Powell’s hawkish remarks at Jackson Hole. What’s happening? The yield on the 2-year Treasury TMUBMUSD02Y, 3.425% climbed to 3.437% from 3.391% on Friday. It gained …

2-year Treasury yield hits one of highest levels since 2007 as bond selloff continues Read More »

Fed's Powell sparked a 1,000-point rout in the Dow.  Here's what investors should do next.

Fed’s Powell sparked a 1,000-point rout in the Dow. Here’s what investors should do next.

Now it might be the time to consider hiding out in short-dated Treasurys or corporate bonds and other defensive parts of the stock market. On Friday, Federal Reserve Chairman Jerome Powell talked of a willingness to inflict “some pain” on households and businesses in an unusually blunt Jackson Hole speech that hinted at a 1970s-style …

Fed’s Powell sparked a 1,000-point rout in the Dow. Here’s what investors should do next. Read More »

Fed's Powell sparked a 1,000-point rout in the Dow.  Here's what investors should do next.

Fed’s Powell sparked a 1,000-point rout in the Dow. Here’s what investors should do next.

Now it might be the time to consider hiding out in short-dated Treasurys or corporate bonds and other defensive parts of the stock market. On Friday, Federal Reserve Chairman Jerome Powell talked of a willingness to inflict “some pain” on households and businesses in an unusually blunt Jackson Hole speech that hinted at a 1970s-style …

Fed’s Powell sparked a 1,000-point rout in the Dow. Here’s what investors should do next. Read More »