News Formal

What Cramer is watching Monday — bond yields up, stocks down again as Wall Street on Fed watch

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The 10-year Treasury yield on Monday jumps to an 11-year high of 3.5%. The 2-year yield closes in on 4%.

What I am looking at Monday, Sept. 19, 2022 U.S. stock futures are in the red again as bond yields go higher again. The 10-year Treasury yield on Monday jumps to an 11-year high of 3.5%. The 2-year yield , already around late 2007 highs, closes in on 4%, signaling MULTIPLE interest rate hikes after the one expected this week at the Federal Reserve's two-day September meeting, which ends Wednesday. I wrote about this backdrop Sunday, which is sapping enthusiasm for all stocks including oils.

Both companies are set to report Wednesday. Toll Brothers also to hold from sell. PulteGroup buy from hold, very contrary call. Multiple price cuts in FedEx still. Mix of macro and micro . Bank of America says do not sell Club holding Amazon on FedEx warning. We said that last week . BofA says iPhone orders still elevated. Good news for Club holding Apple Oppenheimer goes to a outperform on Netflix . Down enough? Ad supported under appreciated.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I am very proud of you jimcramer 👏 I am loving the fresh air

Whatever jimcramer is watching and doing, do and watch the opposite.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wall Street's Top Analysts Bet on These Stocks as Economic Uncertainty IncreasesTipRanks analyst ranking service pinpoints Wall Street’s best-performing stocks, including Apple & Nvidia.
Source: nbcchicago - 🏆 545. / 51 Read more »

Rising Bond Yields Change the Calculus for StocksWhether the markets get any reprieve from their recent selloff depends in part on what happens at this week’s Fed meeting We wouldn’t be in this situation if the fiat money wasn’t circulating! The fed is going to raise rates and QE to infinity. The $ is over. Get out if the banks, out of stocks & get hard assets you can trade. The basics, food clothing shelter lead gold & if you have extra Bitcoin
Source: WSJ - 🏆 98. / 63 Read more »