Treasuries fell, led by shorter maturities, after stronger-than-expected US employment data prompted traders to trim expectations for Federal Reserve interest-rate cuts this year. The move pushed yields broadly higher on Wednesday after the report, with the two-year — which is most sensitive to the central bank’s policy changes — jumping as much as 9.5 basis…
Silver is staging a spectacular recovery, leaving behind gold, stocks, Treasuries, and Bitcoin. But before chasing the rally, investors should take note of its past. Silver futures were on course to close with a gain of 15% shortly after noon on Tuesday, while gold contracts were up 6.5%. Most stocks, especially those of technology companies,…
(Bloomberg) — US state and local debt with long maturities offer “compelling” value in this less crowded corner of the market, according to the municipal investment arm of MacKay Shields. So-called separately managed accounts, major players in the muni space that offer customized portfolios to retail investors, tend to prefer securities that come due in…
Official holdings of gold abroad total more than 900 million troy ounces, according to data posted by World Gold Council this month. The numbers, sourced from the International Monetary Fund, refer to the end of November for most countries, though some figures are as of October. Source
