November 8, 2024 United States: Treasuries Set for Best Week in Two Months After Trump Whiplash Treasuries are poised for their best week since early September after a volatile five days of trading dominated by Donald Trump’s victory in the presidential election. US bonds rallied again on Friday as investors trimmed the huge run-up in rates

November 7, 2024 United States: US Initial Jobless Claims Tick Up, Remaining at Pre-Covid Levels Applications for US unemployment benefits ticked up last week, remaining near average pre-pandemic levels. Initial claims increased by 3,000 to 221,000 in the week ended Nov. 2. That was roughly in line with the median forecast in a Bloomberg survey of

November 6, 2024 United States: US Mortgage Rates Rise Again, With Recent Jump Most in Two Years US mortgage rates continued to climb, putting a further damper on refinancing and homebuying activity. The contract rate on a 30-year mortgage increased 8 basis points to 6.81% in the week ended Nov. 1, the highest since July, according to

November 5, 2024 United States: Treasuries Slip on Election Day as Volatility Hits One-Year High US Treasuries fell and a gauge of bond volatility rose to the highest in a year as traders counted down to a presidential election that remains too close to call.   The yield on 10-year Treasuries rose as much as

November 4, 2024 United States: ‘Trump Trade’ Doubts Drag on Dollar, Boosting US Treasuries Treasury yields fell sharply, and the dollar weakened as investors pared bets on Republican Donald Trump prevailing in Tuesday’s US election.   The yield on 10-year Treasuries dropped as much as 11 basis points to 4.27% after a new poll suggested