Archive List for Bonds

Fed FOMC meeting minutes reinforce cautious pause on interest rates as inflation cools but economic risks pervade. RBC Capital Markets Head of Rates Strategy Blake Gwinn says stock markets sold off early in 2023 on inflation and supply worries, but the second half of the year data showed progress — especially on CPI (Consumer Price Index) prints — which he says “[changes] the context.” Investors still expect future rate cuts as conditions improve, which Gwinn agrees with but emphasizes persisting uncertainties. Gwinn believes the economy’s resilience may force the Fed to “proactively” ease tightness before a hard landing scenario appears on the horizon. Gwinn notes better data has shifted views […]

Mortgages rates have fallen for the fourth week in a row. The average rate for a 30-year fixed-rate mortgage is down to 7.29%, according to Freddie Mac. That rate is still higher than it was a year ago, but it has been enough to lure some buyers back into the market, with the Mortgage Brokers Association reporting an uptick in mortgage applications. So what does this all mean for 2024? Morgan Stanley economists say there are a lot of factors that will be driving the housing market next year, but their base case is that home prices will fall 3% if mortgage rates come down. Yahoo Finance Housing Reporter Dani […]

Moody’s Analytics Chief Economist Mark Zandi joins Yahoo Finance Live to weigh in on the state of the real estate market and financial sectors plus areas for concern following regional bank failures in early 2023. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb #youtube #realestate #yahoofinance About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your […]

Microsoft (MSFT) shares rose amid drama at AI partner OpenAI, after MSFT offered jobs to OpenAI staff following CEO Sam Altman’s swift firing and rehiring. Piper Sandler Analyst Brent Bracelin says despite tensions, Microsoft retains strong AI footing with Azure, ChatGPT integration and its OpenAI-powered Copilot. Bracelin says establishing OpenAI’s governance post the leadership shakeup is now imperative. He argues Microsoft rightly lent Altman support, though the episode exposed Microsoft’s lack of control in the company despite being a major shareholder. By hiring Altman temporarily and reaffirming OpenAI ties, Bracelin speculates Microsoft may gain an OpenAI board seat. Still, OpenAI’s internal volatility spotlights the need for both clarity around decision-making […]

RBC Capital Markets joins the ranks of Wall Street strategists projecting a 5,000-point target for the S&P 500 (^GSPC) to reach in 2024, alongside forecasts from Bank of America and Federate Hermes. Yahoo Finance Live breaks down RBC Head of U.S. Equity Strategy Lori Calvasina’s note on market outlook. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb #stocks #youtube #yahoofinance About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance […]

Amazon (AMZN) Founder and Executive Chairman Jeff Bezos is reportedly seeking to sell 8 to 10 million of his Amazon shares — worth up to $1 billion — according to CNBC. Yahoo Finance Live examines the former CEO’s timeline of past stock sales while he currently owns 988 million shares in the e-commerce retailer. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb #youtube #Amazon #stockmarket About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage […]