Income-seeking investors have plenty of opportunities despite the recent volatility in the 10-year Treasury yield. The yield has been climbing steadily this fall, reaching over 4% after Donald Trump’s re-election. However, it has since cooled to around 4.3%. BlackRock’s Rick Rieder suggests focusing on shorter-duration bonds, like high yield bonds and collateralized loan obligations, for…
Stocks surged after former President Donald Trump won the 2024 presidential election, with the stock market reacting positively to the news. CBS News MoneyWatch correspondent Kelly O’Grady explains how the U.S. economy played a significant role in the election results. The market’s reaction indicates optimism and confidence in the economic direction under Trump’s leadership. Stay…
Treasury yields rose on Wednesday as Donald Trump was projected to win the U.S. presidential election over Vice President Kamala Harris. The 10-year Treasury yield jumped to 4.42%, its highest level since July, as investors anticipated increased economic growth under a Trump presidency. The yield on the 2-year Treasury also increased, reaching its highest level…