Fixed Income: Latest News and Analysis

Barron's
Treasury Yields Are Up After 'Very Weak' Auction
Treasury yields looked set to end the day higher after the latest 20-year bond auction. Government bonds worth $16 billion maturing in 20 years were auctioned by the Treasury at 1 p.m. on Wednesday.
Bloomberg
Goldman Says Rich Credit Valuations Unlikely to Cheapen in 2025
US corporate bond investors will likely start 2025 with the most challenging valuation backdrop in decades, but attractive yields should keep the asset class compelling, according to analysts at ...
Reuters
Market’s Trump trades at risk from bond vigilantes
Markets have experienced a “Trump bump”. The euphoria among equity investors, cryptocurrency fans and dollar-loving currency traders stems from U.S. President-elect Donald Trump’s deregulation and tax ...
Wall Street Journal
JGBs Fall, Tracking Declines in U.S. Treasurys
JGBs fall in the morning Tokyo session, tracking overnight price declines in U.S. Treasurys. Both JGBs and Treasurys tend to move in tandem. For today, focus is likely to be on BOJ Gov. Kazuo Ueda who ...
Barron's
The Trump Trade Is Getting Hazy. Where the Market Goes Next.
The outlook for stocks starts 2025 strong but ends murky as potential tariffs, deportations, and Fed cuts muddy the water, Patti Domm writes.
Bloomberg
Bond Traders See Short-Bet Payoff Capped as Dip Buyers Emerge
The Trump trade in the Treasury market is hitting a wall as buyers have emerged to halt the post-election leap in bond yields.
MarketWatch
Here’s what bond and gold traders are signaling about Russia’s nuclear shift
Traditional flight-to-safety trades took off on Tuesday in response to a worsening conflict between Russia and Ukraine, but a closer look at the extent of the bond market’s moves and a rise in gold ...
Bloomberg
Warsh Seen by Markets as Seasoned Candidate to Lead US Treasury
President-elect Donald Trump has yet to announce his pick for Treasury secretary, but Kevin Warsh — a former Federal Reserve board member well known to Wall Street — has at least won some backing in ...
Wall Street Journal
U.S. 10-Year Treasury Yield Faces Risk of Consolidation or Pullback, Charts Show
After the 10-year Treasury yield’s rise to high of 4.505% last week from a low of 3.599% in mid-September, technical conditions are overextended, UOB said.
Financial Times
Citadel Securities aims to become big player in Eurozone bond trading
Citadel Securities is aiming to become a “material” player in Eurozone government bond trading by next year after building a team of traders in Paris and securing valuable access to German debt ...
CNBC
What Trump's return to the White House could mean for global bond yields
It is thought that Trump's pledge to introduce tax cuts and steep tariffs could boost economic growth — but widen the fiscal deficit and refuel inflation.
Business Insider
Trump may face bond vigilantes amid concerns over inflation and the deficit
"It's not a foregone conclusion that we will have a financial crisis," Chang said.
MarketWatch
Treasury yields rise as prospects for the U.S. economy see traders trim rate cut bets
Bond yields rose as geopolitical anxiety continued to ease and investors awaited president-elect Trump’s pick for Treasury secretary.
CNN
3 urgent tasks awaiting Trump’s pick for Treasury secretary
Treasury must make sure those borrowing plans don’t rattle the bond market, spiking interest rates. It’s an especially critical task these days given concerns about high federal budget deficits that ...
Bloomberg
30-Year Bond Yields Rise to Highest Since May on Growth Outlook
The Treasuries selloff deepened Monday sending long-term bond yields to the highest in almost six months as investors continue to digest how Donald Trump’s victory of the presidential election may ...
MarketWatch
10-year Treasury yield sits below 4.5% as market participants eye near-term consolidation
Yields on U.S. government debt finished mostly lower on a lack of major market-moving data on Monday, as market participants weighed the prospects for near-term consolidation in the bond market.What ...
Reuters
Trump's search for Treasury pick widens with Warsh, Rowan among names, sources say
President-elect Donald Trump's search for a Treasury secretary is widening after it stalled over the weekend and he is looking at other candidates, two sources briefed on the matter said on Monday.
MarketWatch
Corporate bond spreads hit a record low last week — and may be an early sign of a bubble
Investment-grade and high-yield corporate bond spreads in the U.S. fell to all-time lows last week in a development that could be viewed as an early sign of a bubble, S&P Global Ratings said Monday.
MarketWatch
Stock Market Today: Dow flat, S&P 500 attempts bounce after worst week in over 2 months
Tesla stock was on fire in early action, soaring 9% in premarket trade and helping to lift the Nasdaq 100. The stock did drop 8% over the last five days, though it's up 47% over the last month.
Barron's
Will Trump Listen to Markets? His Treasury Pick Will Tell Us.
Many investors are betting on the ‘Trump put,’ the idea that the president-elect may temper is policies if they threaten the stock market and the wider economy.
MarketWatch
10-year Treasury yield ends at nearly 2-week low amid near-term consolidation
Yields on U.S. government debt finished mostly lower on a lack of major market-moving data on Monday, as market participants weighed the prospects for near-term consolidation in the bond market.
Wall Street Journal
JGBs Consolidate; May Be Backed by Hopes BOJ May Skip December Rate Hike
JGBs consolidated in the morning Tokyo session but may be supported by hopes that BOJ may skip a rate increase in December.
MarketWatch
Stock Market Today: Dow ends lower for third straight daily loss while Nasdaq finishes higher
Tesla stock was on fire in early action, soaring 9% in premarket trade and helping to lift the Nasdaq 100. The stock did drop 8% over the last five days, though it's up 47% over the last month.
MarketWatch
Stock Market Today: Dow futures and Treasury yields dip after Russia nuclear comments
This Fed-based market signal is flashing a warning for the first time in over a decade. Here’s why it matters.
MarketWatch
U.S. stock futures and bond yields drop on reports Putin has updated nuclear doctrine
U.S. stock futures fell, as did bond yields, following reports that Russian President Vladimir Putin approved a change to the country’s nuclear doctrine. The move would allow a Russian nuclear ...
Barron's
Trump Still Needs a Treasury Chief. What the Markets Are Hoping For.
Many investors are betting on the ‘Trump put,’ the idea that the president-elect may temper is policies if they threaten the stock market and the wider economy.
CNBC
Treasury yields fall as investors await data for clues about the economy
U.S. Treasury yields slid as investors awaited new data and considered who President-elect Donald Trump might appoint as Treasury Secretary.
MarketWatch
Bond yields fall as Russia’s nuclear doctrine news triggers risk-aversion
Treasury yields fell early Tuesday as investors sought the perceived safety of sovereign bonds after the Kremlin revised its nuclear doctrine in response to the U.S. allowing Ukraine to target sites ...
MarketWatch
Treasury-yield decline also aided by strengthening odds Warsh will get cabinet nod: BNY
Treasury yields remain down, reflecting increased demand for U.S. government debt (yields move inversely to price) as investors look for havens after Russian President Vladimir Putin issued a revised ...
Barron's
Bond Yields Are Falling as Nuclear Tensions Rise
Investors jumped in to buy U.S. government bonds, the world’s safest debt, as Russia’s Vladimir Putin officially signed a decree to lower Russia’s threshold for nuclear weapon use. The 10-year yield ...
Bloomberg
China’s Dollar Bond Market Sees Recovery Signs as Issuers Return
China’s dollar-bond market is seeing a return of big issuers, raising hopes that a market hit hard in recent years by the nation’s economic woes is reviving.
MarketWatch
Fight over Trump’s Treasury secretary blamed for some stock-market jitters as candidate pool grows
Investors need a scorecard to keep track of the array of candidates vying to be President-elect Donald Trump’s Treasury secretary, and that was likely part of the reason for stock-market weakness, ...
Reuters
ASIA EM conditions tighten, outflows heighten
The Thai baht has been one of the better-performing Asian currencies against the dollar this year, down only 1.3% year-to-date, and markets are expecting less than 50 basis points of Bank of Thailand ...
Reuters
Philippines Launches Interest Rate Swaps Market to Boost Bond Liquidity
MANILA (Reuters) - The Philippine central bank announced the launch on Monday of an interest rate swaps market anchored to a newly established benchmark rate to enhance bond market trading and ...
Bloomberg
Philippines Starts Interest Rate Swaps to Deepen Bond Market
The Philippines kicked off on Monday a new interest rate swap market to boost bond trading and liquidity as part of reforms to develop its capital market. The move follows the International Swaps and ...
Wall Street Journal
Morgan Stanley Suggests Overweight Duration in Most G-10 Government Bonds
Morgan Stanley Research is bullish on G-10 duration, it said in a global strategy outlook for 2025, suggesting an overweight duration towards most government bonds over the first six months.
CNBC
10-year Treasury yield ticks up slightly following week of gains
The 10-year Treasury yield ticked up marginally on Monday as investors looked ahead to fresh data and central bank commentary after closing out a week of gains.
MarketWatch
10-year Treasury yield ticks higher after last week’s rise
Yields on U.S. Treasurys moved higher to begin the week, building on a rise last week that briefly took the 10-year rate above the 4.5% threshold as investors weighed the outlook for further rate cuts ...
Bloomberg
US 10-Year Yield a Good Entry Point for Bond Investors: HSBC's Major
Steven Major, global head of FI research at HSBC, explains his bullish 10-Year US Treasury forecast for 2025 on "Bloomberg Surveillance." ...
Reuters
Global shares edge lower; dollar, bond yields hold near multi-month highs
Global stocks began the week on firmer footing ahead of a highly anticipated earnings release from Nvidia , while in Japan, a speech from its central bank's head left markets none the wiser on the ...
Financial Times
Lutnick and Bessent’s battle for Trump Treasury turns bitter
but was ill suited for a job with huge sway over the world’s biggest economy and global bond markets. The rising opposition to Lutnick’s candidacy, disclosed in interviews with top Wall Street ...
Barron's
U.S. 10-Year Treasury Yield to Fall to 3.75% by Mid-2025, Morgan Stanley Says
Relative to the market-implied path for Fed policy, Morgan Stanley Research economists forecast a more dovish outcome. The 10-year U.S. Treasury yield was trading flat at 4.426%, according to Tradeweb ...
Forbes
Fed Likely To “Pause” Rate Cuts; Interest Rates “Higher For Longer”
The equity markets were flat to down all week, perhaps digesting the upturn after the election. After all, year to date, equities are up in the 20% range.
CNN
Elon Musk wants Trump to disrupt Wall Street with his Treasury pick
As Donald Trump privately considers his team to lead America’s economy during his term, Elon Musk has put his thumb on the scale, urging followers on X to help make a public push for a candidate who ...
Markets Insider
4 signs of re-inflation investors should watch out for, Charles Schwab says
Strategists highlighted four things that could signal if inflation will pick up momentum. The Fed's mission to lower consumer prices could soon face some snags — and there are a handful of signs ...
Bloomberg
Emerging Bonds Look Primed for Losses as Trump Tariff Fears Grow
The outlook for emerging market local-currency bonds is souring as investors dump bets on interest-rate cuts, fears of a tariff trade war grow, and the dollar surges.
CNBC
10-year Treasury yield jumps on week as Powell says Fed not in a hurry to keep cutting rates
U.S. Treasury yields rose on Friday as investors digested Federal Reserve Chair Jerome Powell’s latest comments and await further economic data.
MarketWatch
2-year Treasury yield logs seventh weekly advance
The policy-sensitive 2-year Treasury yield closed Friday's session with its seventh straight weekly advance, the longest such stretch since the eight-week period that ended on Sept. 23, 2022. The ...
Markets Insider
3 developments that could derail the stock market's post-Trump sugar high, BofA says
Bank of America cited three risks that could upend corporate earnings growth, a key driver of stock returns. One potential headwind is Trump's proposed tariff plan, BofA said. The firm is also keep a ...