When looking for a stock that pays a higher dividend that Treasury yields, investors don't have too many choices these days. U.S. government bonds are enjoying yields not seen in over a decade thanks to the Federal Reserve's interest rate hikes, which began in March 2022. On Thursday, the 10-year hit 4.482% , the highest since 2007 and up from 1.6% in January 2022 , after initial jobless claims came in lower than expected.
The oil and gas exploration and production company, which is down about 2% year to date, could also benefit from the recent rally in oil prices. Brent crude futures were trading near $94 per barrel on Thursday, up from the low to mid-$70s seen over the summer. West Texas Intermediate crude futures were hovering around $90 a barrel, also up significantly from summer lows. Meanwhile, Goldman Sachs recently raised its 12-month forecast for Brent to $100 per barrel and $95 per barrel for WTI.
Россия Последние новости, Россия Последние новости
Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей
Stock Market Today: Dow ends lower as Treasury yields jump ahead of Fed decision By Investing.comStock Market Today: Dow ends lower as Treasury yields jump ahead of Fed decision
Прочитайте больше »