A sudden plunge in mortgage rates this week raised an urgent question for millions of Americans:. Rates on long-term mortgages tend to track the 10- year Treasury yield, which fell below 2 percent for the first time since May 2013. Accordingly, the average rate for a 30- year fixed mortgage, mortgage giant Freddie Mac reported, dipped below 4 percent to 3.97 percent—...» Read More
Consumer confidence, Fed speakers and home price data are on deck for markets Tuesday, as traders keep their focus on the stream of headlines from Europe.
CNBC's Rick Santelli with an update on bond yields and the dollar.
Traders expect more stomach-churning volatility in the week ahead as investors fret about Europe and adjust their portfolios for quarter's end.
Jim Iuorio, TJM Institutional Services has the update on Treasury bond yields, saying today is not the day to sell bonds.
From Fed policy to Europe to Obamanomics, it’s not a pretty picture.
Stocks successfully tested their summer lows Thursday, but they are likely to take another run at them, as investors remain fearful of recession and European banking crisis.
CNBC's Rick Santelli has the latest on investors taking money out of equities and putting them into Treasury bonds.
All the grim economic news is battering emerging market currencies. Here's what to do.
Bernanke's gloom lifts the dollar, but look out below in emerging markets - time for your stormy FX Fix.
The Fed's gloomy words on the economy left the market with a sinking feeling that's likely to spill into Thursday. "The Fed sounded nervous," one strategist said.
The Fed’s "Operation Twist" was everything it was cracked up to be, and even a bit more. While the stock market was not impressed, the bond market was all for it.
While a lot of attention is focused on the decision by the Federal Reserve to buy longer-dated Treasurys, it’s also important to pay attention to the other new policy: using the proceeds from maturing Fannie Mae and Freddie Mac debt to buy mortgage backed securities.
Due to breaking news on last Friday's Money In Motion, we dropped my trade structure for today's FOMC meeting. Here's the info.
Markets are expecting the Fed to unveil a modern day "Operation Twist," similar to a Federal Reserve program in the early 1960s. Fed watchers speculate on various degrees of easing, but they basically agree the Fed is about to unveil a program to buy longer dated Treasury securities in a bid to hold down interest rates.
Greece will default in the next three to four months, says Amelia Bourdeau, Westpac Institutional Bank.
"The greatest risk is that our political system is not up to the challenge," Treasury Secretary Timothy Geithner tells CNBC's John Harwood. Geithner also denies allegations in a new book that President Obama's economic team subverted his wishes.
"Investors rarely overlook stock market bargains,” says one analyst. But with the Fed intervening in bond markets, the difference between stock and bond yields may be skewed.
Most FOMC meetings have a rapid and real effect on the dollar - but as this week's meeting looms, investors have other concerns.
The Fed in the week ahead is widely expected to pull the trigger on a new easing program, as the European debt crisis continues to boil.
A meeting of European finance officials to discuss the sovereign crisis, paired with the quadruple witching expiration of futures and options guarantees more stock market volatility Friday.