Stocks went up, and bonds went down on October 16, 2023, but it's a trend that probably won't last.
Author: Michael Kramer
Jay Powell And A 20-Year Treasury Auction Are Likely To Stir Market Volatility The Week of October 16, 2023
There won't be much economic data this week, but Jay Powell will speak, and there will be a 20-year Treasury Auction.
Stocks Plunge As Rates Soar Following A Weak Treasury Auction on October 12, 2023
Stocks took a big turn lower around 1PM ET when the 30-year Treasury auction posted weak results.
Stocks Rally Ahead Of The September CPI Report
Stocks moved higher ahead of the September CPI report.
Stocks Advance On October 10, 2023, But Fail At Key Resistance
Stocks rallied on October 10, 2023, but gave back a bunch of those gains after a weak Treasury auction.
Mechanical Forces That Saved Stocks Following Jobs Report Is Not Likely To Last
Stocks were saved by the mechanical unwind of implied volatility following the job report.
Stocks May Fall Further With More Yield Curve Steepening Ahead
Markets paused ahead of the big jobs report, but that isn't like to change much if the yield curve continues to steepen.
Stocks Rally And Rates Drop But Trends Remain In Place
Stocks rallied on October 4 as rates fall, but very little if anything actually changed.
Stocks Finally Break On October 3, 2023, As The 30-Year Rate Nears 5%
The S&P 500 fell sharply on October 3, 2023 and took the summer rally with it.
Rates Continue To Move Higher
Rates continued to move higher on October 2, and the dollar did too, while the S&P 500 managed to finish flat.
It’s A Steepening Yield Curve That Investors Should Be Worried About, And It’s Happening Now
It isn't when the yield curve inverts that one should worry, it is when it steepens.
Stocks Jump Higher On September 28 Despite Rising Inflation Expectations
Stocks jumped higher on September 28, 2023 as rates finally stopped rising, at least for now.
Stocks Bounce Around On September 27 As Rate and Oil Surge, Again!
Stocks bounced around September 27, 2023 and rates and oil continued to surge.
Stocks Plunge on September 26, 2023, As Rates Climb Even Higher
30-year rates continued to climb on September 26, 2023, as the stock market summer gains melted away.
Rates Soar To New Heights on September 25, 2023
10 and 30-year Treasury rates rip to new highs on September 25, 2023 while the options crowd pushed stocks higher.
The Stock Market Decline May Not Be Over As Credit Spreads Begin To Widen
Stocks experienced a significant decline last week, and the situation remains precarious as credit spreads are anticipated to broaden even more.
Rates Explode Higher On September 21 Tanking Stocks, But Now Its Time To Watch Spreads
Stocks fell sharply on September 21, 2023 as rates reached new cycle highs across the yield curve.
The Stock Market Bet Wrong On Fed Rate Cuts
The stock market was betting the Fed would aggressively cut rates in 2024, that isn't likely to happen.
Stocks Slump and Rates Surge Ahead Of The Key Fed Meeting
Stocks fell some on September 19, 2023 as the 5-year and 10-year rate rose to their levels since 2007 ahead of tomorrow Fed announcement..
A Big Week Lies Ahead For The Stock Market With The Fed On Deck
It will be a big week for stocks now that options expiration is over and the FOMC meeting is up next.