Even as yields rose, overnight index swaps that traders use to speculate on the path of the Fed’s target interest rate for overnight loans between banks signaled that the zero to 0.25% range won’t increase for more than two years.
In a bullish sign for bonds, Bank of America Merrill Lynch’s (BAC) MOVE Index, which tracks the outlook for swings in U.S. government debt rates, shows investors don’t anticipate an increase in price swings.
Potential QE wind down sends Treasury yields soaring
Most Popular Articles
Latest Articles
Ahead of Biden speech, White House officials preview housing priorities
President Joe Biden is expected to speak more about his housing agenda for 2024 in a speech in Las Vegas on Tuesday.
-
6 best places to buy real estate leads in 2024
-
The 9 top real estate lead generation companies for 2024
-
How this week’s Fed meeting could impact inventory
-
FHA increases manufactured home loan limits in affordable housing push
-
Ginnie Mae seeks budget increase to manage sizable reverse mortgage portfolio