With the Fed taking a slow walk to the sidelines, diminished returns ahead seem to be on the minds of many market participants.» Read More
Negative Treasury Yields on Inflation Protected Securities, a First (New York Times) It's a red letter date in economic history: TIPS (Treasury Inflation Protected Securities) sold at auction today at a yield of -0.55%. This is the first time ever treasury securities have sold at a negative yield. Investors are willing to price the inflation indexed bonds at yields of less than zero because they are seeking protection from future inflation in real dollars. Analysts attribute this to concerns over future rounds of quantitative easing.
John Carney is a senior editor for CNBC.com, covering Wall Street and finance and running the NetNet blog.
Jeff Cox is finance editor for CNBC.com.
Lawrence Delevingne is the ‘Big Money’ enterprise reporter for CNBC.com and NetNet.
Stephanie Landsman is one of the producers of CNBC's 5pm ET show "Fast Money."
Mastercard capped a busy year by executing one of the main drivers of the stock rally: A buyback.
With the Fed taking a slow walk to the sidelines, diminished returns ahead are on the minds of many market participants.
It's time for bond traders to place their bets on whether the Fed is ready to begin tapering its bond buying program.