Fed Rate Hikes Are Supposed to Hurt Bonds: This One Is Doing the Opposite
The Fed raised rates for the first time since 2023. A day later, the 10-year Treasury yield slipped back below 5% and the entire curve rallied.
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Bond market performance has been disappointing since 2020, ending a 40-year bull market. Investors prioritize preserving capital, making gold valuable.
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The Fed raised rates for the first time since 2023. A day later, the 10-year Treasury yield slipped back below 5% and the entire curve rallied.
Crypto-linked equities ripped higher as Bitcoin cleared $80,000, but the S&P 500 slipped with the 10-year Treasury yield back above 5%.
https://www.ft.com/content/8f1f3047-372d-425f-bcd6-cfe9d5d4890c?syn-25a6b1a6=1
JPMorgan says Bitcoin could outperform gold if ETF hedging eases, while Eric Balchunas sees Bitcoin ETFs tripling gold in assets.
Bond King Jeffrey Gundlach warns of an AI stock fallout. See why he is dumping Big Tech for equal-weight ETFs, gold, and EM debt.
Why Treasuries offer no real return: Peter Schiff breaks down rising national debt, stagflation, and the commodities refuge.