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Showing 21 - 30 of 205 results for "US Treasuries"

Chief economist update: US recession a sure thing

BENJAMIN ONG  |  MONDAY, 19 AUG 2019
... I'm wrong. US recession fears - resulting from the negative spread between the yield on 10-year and two-year US Treasuries - of the past week have eased (for now), sending Wall Street on a rebound on the last day of last week's trading. Wall ...

Chief economist update: Bonds do the limbo rock

BENJAMIN ONG  |  FRIDAY, 9 AUG 2019
... (1.4% in the year to June). What is more is that US inflation expectations - the yield differential between 10-year US Treasuries and Treasury Inflation-Protected Securities (TIPS) has fallen to their lowest level in three years to 1.59% from a high ...

Chief economist update: The greatest challenge of our time

BENJAMIN ONG  |  THURSDAY, 30 MAY 2019
... dead! Bond markets celebrate! News headlines have picked up on the fall and fall in the yield offered by 10-year US Treasuries. The yield closed at 2.24% overnight, down from 2.26% the day before - the lowest since September 2017. But the chart below ...

Chief economist update: Glass half-full or US recession on the way?

BENJAMIN ONG  |  WEDNESDAY, 29 MAY 2019
... year to April, down from 1.8% in 2017 and 2018. This is perhaps, what the overnight dive in the yield on 10-year US Treasuries reacted upon - down to 2.26%, the lowest yield since September 2017. You can blame Tariff Trump and his trade war with the ...

Chief economist update: Woe to the world

BENJAMIN ONG  |  MONDAY, 25 MAR 2019
... trading activity - up 28% and 22.9% from their respective 2019 lows. What gives? What gave that the yield on 10-year US Treasuries has fallen below the 1-year T-note. Yes, Virginia, the US yield curve has inverted and history shows that this is almost ...

Chief economist update: US economic growth is slowing and accelerating

BENJAMIN ONG  |  FRIDAY, 1 MAR 2019
... June 2016 quarter. Wall Street's reaction: equity markets dipped, the US dollar index advanced and the yield on US Treasuries rose. Such financial market configuration suggests that expectations could be turning from a steady Fed to an outside chance ...

Chief economist update: Wall Street has fallen, prepare to be greedy

BENJAMIN ONG  |  THURSDAY, 11 OCT 2018
... to 3.7% compared with the long-term average of 4.4%. Similarly, the higher yield investors could get from buying US Treasuries now outmatches the dividend yield (1.86%) they could get from the S&P 500. Sell? Dump stocks? Head for the hills?...or buy ...

Chief economist update: Famous last words

BENJAMIN ONG  |  TUESDAY, 28 AUG 2018
... (as the FRBSF shows) but with the Fed on a rising path towards higher rates and investors flocking into long-term US Treasuries - for safety against Trump's protectionist policies, the developing emerging market crisis, and for whatever reasons - ...

Chief economist update: Fed funds at five point O

BENJAMIN ONG  |  TUESDAY, 10 JUL 2018
... prompted a series of rate hikes from the Fed so much so that the fed funds rate was higher than the yield on 10-year US Treasuries (yield curve inversion) that was later on followed by the Great Recession. This is one of the reasons why Atlanta Fed president ...

Chief economist update: Minutes of concerns

BENJAMIN ONG  |  FRIDAY, 6 JUL 2018
... Europe and some EMEs." There's concern over the flattening yield curve. The yield differential between the 10Y US Treasuries and the 2Y bonds is now down to 28 basis points from 54 bps at the start of the year. This is lower than the 73 bps gap that ...