U.S. Treasury Investors Look to Be in Bond-Positive Mood -- Market Talk

Investors on the primary market for U.S. government bonds seem to be leaning toward the bond-positive view, Elmar Voelker, senior fixed income analyst at LBBW, says in a note. Admittedly, the post-CPI 30-year bond auction on Thursday was somewhat slow, while the most recent auction of 10-year Treasurys didn't meet quite as much demand as its predecessor in June, even though the bid-to-cover ratio was above the long-term average, he says.

WSJ26minutes ago

It's Time for the Fed to End the Waiting Game

By Aaron Back Why wait until September? That is the question hanging over markets after Thursday's surprisingly weak inflation reading. There doesn't seem to be much reason for the Federal Reserve

WSJ05:34 ET

The Nasdaq fell nearly 2%, with the largest selling volume of the 'Seven Sisters' in a year and a half, while small caps and Chinese concept stocks surged, and US bonds rose sharply.

Comprehensive cooling of US inflation, September rate cut betting pushing US stocks rotation, S&P and Nasdaq ended seven-day consecutive gains and moved away from their highs, Tesla plummeted 8.4%, the worst in nearly half a year and stopped 11-day consecutive gains, Nvidia fell 5.6%, and the chip index fell 3.5%. The Russell 2000 small-cap stocks rose 3.6%, the best since November last year and the highest in two and a half years, and the worst-performing real estate sector this year had the largest increase in the year. US bond yields fell sharply across the board, with the US dollar falling the deepest in two months. The yen rose by 2.6% at one point, the biggest gain since the end of 2022, and anonymous officials confirmed that the government intervened to rescue the currency.

wallstreetcn03:31 ET

Falling Rates Open an Opportunity in Fixed Income

By Xavier Baraton and Willem Sels About the authors: Xavier Baraton is global chief investment officer, HSBC Asset Management. Willem Sels is global chief investment officer, HSBC Global Private

Barron's02:37 ET

US Treasury Yields Plummet as Inflation Surprises, Fed Dovish Bets Grow

US Treasury bond yields tanked on Thursday after the US Bureau of Labor Statistics (BLS) revealed a surprise fall in inflation before Wall Street opened.

FXStreet17:36 ET

Even with a significant drop in inflation in the United States, it was not enough to save the dismal sale of ultra-long-term US Treasury auctions. The 30-year government bonds performed poorly.

There was a significant tail yield difference in this auction, with both bidding multiples and overseas demand being weak. Analysts say that this was a very bad auction, on a day when the U.S. CPI dropped sharply and the yield curve plummeted, auction results pushed the 10-year U.S. Treasury yield up 2 basis points from its intra-day low, hovering slightly above the 4.18% level.

wallstreetcn13:02 ET