The Latest Breaking News on Economic Optimism Soars as Americans Embrace Promising Outlook for 2024

Asian shares are mostly higher as investors await the release of U.S. consumer price data and keep a cautious watch on the war between Israel and the Palestinian militant group Hamas

Inflation in the United States likely eased again last month, though the decline might have slowed since summer, a reminder that the outsize price pressures of the past two years will take more time to cool

U.S. Treasury Secretary Janet Yellen said interest rates are not causing “dysfunction” in the market.

The 10-year T-note yield last Friday posted a 16-year high of 4.885% and is up more than +100 bp this year. Elevated U.S. consumer prices and a surprisingly strong labor market have bolstered expectations for the Fed to keep interest rates higher for longer. Resilient demand in the U.S. economy...

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is down -0.21%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.24%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.11%. Stocks this morning are mixed, with the Dow Jones...

“The upside versus downside in stocks is not that great,” according to Marko Kolanovic.

The Dow Jones rallied off lows after a Federal Reserve official spoke. The SEC sued Tesla CEO Elon Musk. The jobs report looms.

The 10-year T-note yield on Wednesday climbed to 4.880%, the highest in 16 years. The 10-year yield has risen by more than 65 bp this past month and more than 80 bp since the start of the year. Yields are higher on the Fed’s hawkish indications that interest rates will...

The likelihood of the Fed keeping interest rates higher for longer, government dysfunction, and other macro headwinds will likely exacerbate the market volatility in the near future. So, let’s determine if you should invest in bond ETFs iShares 1-3 Year Treasury Bond ETF (SHY) and iShares Treasury Floating Rate Bond…