Treasury yields slip as Fed’s Evans says rates may linger lower for longer

  • June 20, 2017
  • no comment
  • realestate

U.S. Treasury yields traded slightly lower on Tuesday, as Boston Federal Reserve President Eric Rosengren said investors may need to get accustomed to a protracted period of low interest rates. In a speech in Amsterdam, Rosengren said lower rates may be a more permanent fixture, and that dynamic could pose financial stability risks that central

READ MORE

Fed’s Rosengren says low interest rates do raise financial stability concerns

  • June 20, 2017
  • no comment
  • realestate

Boston Fed President Eric Rosengren said Tuesday that low interest rates do pose financial stability concerns that central bankers and the private sector must take seriously. In a speech in Amsterdam to a conference co-sponsored by the central banks of Sweden and the Netherlands, Rosengren said lower rates may be a more permanent feature on

READ MORE

Orders for durable goods backslide again

  • June 26, 2017
  • no comment
  • realestate

Durable-goods orders slipped 1.1% last month following a similar drop in April and registered the biggest drop in six months, suggesting that an early-year surge has faded.

READ MORE

U.S. jobless claims edge up 3,000 to 241,00

  • June 22, 2017
  • no comment
  • realestate

Continuing Jobless Claims 1.944M vs. estimates of 1.928M. Fewer than 250,000 Americans applied for unemployment benefits in mid-June, underscoring the strength of a U.S. jobs market whose biggest problem is a growing shortage of qualified workers. The strong labor market is a reflection of a steadily growing economy that’s still quite sturdy after eight years

READ MORE

Treasury yields rise after Draghi dismisses factors holding down inflation as ‘temporary’

  • June 27, 2017
  • no comment
  • realestate

Treasury yields headed higher after European Central Bank President Mario Draghi hinted that the factors suppressing inflation would be short-lived, giving traders the impression the central bank intends to wind down its quantitative easing program by the end of the year.

READ MORE

House-price gains cool but bubble questions stir: Case-Shiller

  • June 27, 2017
  • no comment
  • realestate

The S&P/Case-Shiller 20-city index rose 5.7% in the three-month period ending in April compared to a year ago, down two ticks from the 5.9% annual gain notched in March. Economists had expected the 20-City index to increase 5.9% for the year.

READ MORE

U.S. producer prices jump 0.5% in April

  • May 11, 2017
  • no comment
  • realestate

U.S. producer prices showed a broad-based gain in April, which pushed the annual increase up to the largest gain in five years, government data showed. The Labor Department said on Thursday its producer price index for final demand rose 0.5% last month. That was above expectations. Economists surveyed had predicted the producer price index would

READ MORE

Continued jobless claims at lowest level in 28 years

  • May 11, 2017
  • no comment
  • realestate

The number of people receiving jobless benefits fell to the lowest level in 28 years, the Labor Department said Thursday, a further sign of a healthy labor market. Initial claims slipped 2,000 to a seasonally adjusted 236,000 for the week ended May 6, the Labor Department said on Thursday. Claims have now been below 300,000,

READ MORE

June Consumer Confidence stronger than expected

  • June 27, 2017
  • no comment
  • realestate

June Consumer Confidence 118.9 vs. estimates of 116.7Consumer and business confidence, which spiked after the election, has remained near these high levels, though both readings have gotten less attention from markets of late as the story there hasn’t changed. Additionally, both these surges were seen as potential harbingers of increased consumer spending or business investment,

READ MORE

Treasury yields gain on jobless claims and producer-price

  • May 11, 2017
  • no comment
  • realestate

Treasury prices slipped, pushing up yields, after producer prices rose and continued jobless claims sank to its lowest levels in more than 28 years, setting up the Federal Reserve to hike rates in preparation for higher inflation.

READ MORE

Subscribe to Newsletter

Get weekly updates on mortgage rates, finance, lending and real estate.