Analysts said the recent rise in Treasury yields partly reflected investor expectations that A.I.-driven growth could keep interest rates elevated.
盘后总结
主要新闻
Government bond yields fell and stocks rose on a move by the Treasury Department to double the amount of debt that it can buy back from investors.
The Treasury Department’s plan for bond interventions has calmed markets. But Wall Street is worried about the fallout for inflation and more.
The surprising move this week by Treasury Secretary Scott Bessent to intervene in Treasury markets to lower the cost of government debt undercuts the credibility of Federal Reserve Chairman Kevin Warsh to make interest-rate policy, experts said.
Gold is rebounding as investors weigh U.S. debt concerns, a weaker dollar and stubbornly high Treasury yields.
Bessent’s effort to tamp down long-term Treasury yields could force Warsh to clarify how far the Fed should go in coordinating on bonds and the balance sheet.
Fears about the war in Iran, government deficits, the economy and corporate borrowing stirred global markets.
Bond markets remained volatile, as investors assessed the geopolitical turmoil.
The so-called breakeven rate hit its highest levels in more than two months.
The favorite energy stocks of hedge funds - including one with a projected 65% upside
Billionaire investor Ray Dalio said the the debt buyback announcement this week fits into a larger pattern that could signal a forthcoming debt crisis.
Broadcom is in talks to raise upwards of $70 to $80 billion in debt for a chip financing deal, CNBC's David Faber reported on Friday.