The U.S. high yield bond ETF category has a new asset leader. The iShares Broad USD High Yield Corporate Bond ETF (USHY) is now the largest high yield bond ETF in the market, with assets totaling $15.9 billion as of Aug.15. USHY has now surpassed its veteran counterpart, the iShares...

High Yield Bond ETFs Have New Asset Leader

TheStreet

When stocks started to dive, bond yields and mortgage rates fell, too, good news for homebuyers.

Market turmoil gives homebuyers huge mortgage break

Your article was successfully shared with the contacts you provided. Gregg Abella, a money manager in New Jersey, wasn’t expecting the flood of phone calls he got from clients this past week. “Suddenly people are saying to us, ‘Wow, do you think it’s a good time for us to add bonds?’”

Bonds Are Back After Failing Investors for Years

With interest rate cuts from the Federal Reserve on the horizon, it could be a good time to shift cash, experts say. While many investors are getting 5% yields on money market funds, that will fall once the Fed starts cutting interest rates. Rates for high-yield savings and certificates of...

Here are some money moves to make before the Fed starts cutting interest rates

As the Fed considers cutting rates, bonds look rich with opportunities. With the first Fed interest rate cut in more than four years expected next month, fixed income experts are loaded with high hopes for a cycle that will put bond allocations front and center. “There’s interest in fixed income...

Bond Experts Advise Moving Out of Cash, Into Fixed Income

With the Fed expected to lower rates in September, it's a smart time to open CDs that guarantee today's great returns well into the future. Below we lay out more than 30 excellent options for locking in a CD rate until 2026, 2027, or even 2028–2029—with returns up to 5.25%.

The Best CDs to Lock in a Rate Until 2026 to 2029—Before the Fed Cuts Rates

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Trailer Empire

The bond market has been buoyed by the Federal Reserve's recent hints that a rate cut may be on the horizon this September, leading to a noticeable drop in mortgage rates. Investors are reacting to the Fed's subtle language changes, anticipating a potential shift in monetary policy.

Mortgage Rates Plunge as Fed Signals Potential September Rate Cut

Japan is offloading billions of dollars in US Treasuries as it fights to prop up its currency. New numbers from the US Treasury Department show Japan sold $22 billion in Treasury securities in May, reducing its holdings to $1.1283 trillion. The move marks the second month in a row that...

Japan Dumps $22,000,000,000 in US Treasuries in One Month As Government Mounts Billion-Dollar Battle To Prop Up Currency

24/7 Wall St.

The Federal Reserve was unlikely to cut rates next week, but Wall Street anticipates a September reduction. Investors are largely expecting an easing cycle to begin, with more interest rate cuts from the Fed materializing in 2024 and 2025. Stocks recently surged on this anticipation, as investors price in what this will mean for stocks […]
The post Fed Alert: If Rates Come Down, These Are 3 Stocks Are Going to Soar appeared first on 24/7 Wall St..

Fed Alert: If Rates Come Down, These Are 3 Stocks Are Going to Soar

Markets Insider

Stocks could see a 1995-like rally after the Fed cuts rates, said Wells Fargo's head of global investment strategy.

Stocks will embark on a run of gains unseen in 30 years after the Fed cuts rates, Wells Fargo strategy chief says

Markets end lower as investor seem to think the Fed has waited too long to cut rates. And they sold stocks hard in response.

Stock Market Today: Stocks crushed as markets see Fed rate error

Colorado State

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David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

There are many reasons to celebrate the BlackRock Flexible Income ETF (BINC). The actively managed multisector ETF launched less than 15 months ago. It is already approaching $4 billion in assets. It’s also now among the larger active fixed income ETFs joining products from Fidelity, JPMorgan, and PIMCO. BINC...

Golden Age for Fixed Income at BlackRock

Forbes Advisor

As of today, the highest money market rate is 5.15% compared to a national average rate of 0.61%. Source: Curinos. Data accurate as of August 14, 2024. Rates are based on a $10,000 minimum deposit amount. What Are Money Market Rates?. Money market rates are the interest rates you earn...

Money Market Interest Rates Today: August 15, 2024 — Rates Move Downward

CBS News

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  While inflation has been cooling over the last few months, it has remained higher than the Federal Reserve's 2% target rate for the last few years. In turn, the Fed has held interest rates steady since raising the benchmark interest rate to a range between 5.25% and 5.50% in July 2023. While the elevated rates have weighed down the housing market, they've been a boon for savers who want to open certificates of deposit (CD) accounts with higher annual percentage...

Will a CD still be worth it after the Fed cuts rates? Experts weigh in

Yanely Espinal and Sahirenys Ortega Pierce explain how to open your first bank account. It might seem like a good idea to hide your money under the mattress, but not only does that put it at risk of being stolen by your little sister, it also isn’t insured or earning interest. That’s why you want to open an account at a bank or credit union. Consider it Step 1 in “adulting.”

From piggy bank to savings account

The four largest banks in the US now believe the Federal Reserve is about to cut interest rates amid rising recession fears. A Bank of America economist says a September Fed rate cut is a “virtual lock” following last week’s $6.4 trillion global stock market rout, reports Business Times.

JPMorgan Chase, Bank of America, Wells Fargo and Citi Predict Abrupt Fed Rate Cuts Amid Global Market Turbulence: Reports

As the richest nation and the world’s largest economy, it is hardly a surprise that the United States holds the most gold. What is surprising is where the gold isn’t: the United States Federal Reserve, known colloquially as the central bank. Mainstream media dutifully reports that the American...

What Happened to the Fed’s Gold?

As mortgage rates start to fall, be ready to take advantage. Experts recommend shopping around and comparing multiple offers to get the lowest rate. Enter your information here to get a custom quote from one of CNET’s partner lenders. About these rates: Like CNET, Bankrate is owned by Red...

Refi Rates Fall Amid Cooling Inflation. Today’s Refinance Rates, Aug. 14, 2024

The Hill

MEXICO CITY (AP) — Analysts expressed shock Thursday at a decision by Mexico’s central bank to cut interest rates on the same day that official figures showed a sharp rise in domestic inflation. Almost without exception, central banks raise interest rates to make money more expensive, in order to discourage price increases.

Analysts shocked as Mexico’s central bank clocks rise in inflation and cuts interest rates

NewsBreak

How do Treasury bonds work?

This is just one of the stories from our “I’ve Always Wondered” series, where we tackle all of your questions about the world of business, no...

How do Treasury bonds work?

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