Bond Market a ‘Little Oversold’ After ETF Pullout, Bill Gross Says - BNN Bloomberg

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 50%

South Africa News News

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

Retail investors in exchange-traded funds have joined the ranks of “bond vigilantes” and their sharp pullout last week led to an oversold market, said Bill Gross, co-founder and former chief investment officer at Pacific Investment Management Co.

Ukraine Recap: Russia Launches Drones; Biden Plans Speech on AidOil Steadies After Tumbling Almost 6% on Rising Demand RisksPhilippine Inflation Quickens to 4-Month High as Rice Costs SoarAsia Shares to Rise as Stock, Bond Selloff Abates: Markets WrapDollar Pulls Back Before Payrolls But Analysts See Further GainsTriton Pulls Listing of Gearbox Maker Renk on Volatile MarketsRice Inflation at 14-Year High Defies Philippine Price ControlChina Nears First Major Builder Restructuring With Sunac...

1 per cent in September as higher rates biteHow rate hikes have sparked debate on the causes of inflation and how to fight itFrequent price increases by businesses contributing to sticky inflation: BoC officialThis is the Canadian city where rental affordability has worsened the most70% chance of a soft landing, former Bank of Canada governor saysThe Daily Chase: Laurentian Bank names new CEO; First Q4 trading dayHomeowners brace for mortgage payment shock amid higher-for-longer rate...

 

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

 /  🏆 83. in ZA

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.

Stock market today: Wall Street steadies after selloff as a relaxing bond market offers some oxygenWall Street is holding steadier after the bond market relaxed its grip a bit on the stock market.
Source: CTVNews - 🏆 1. / 99 Read more »

Stock market today: Wall Street steadies after selloff as a relaxing bond market offers some oxygenBANGKOK — Wall Street is holding steadier after the bond market relaxed its vise a bit on the stock market. The S&P 500 was 0.3% higher early Wednesdady, coming off a 1.4% tumble that sent it to its lowest level in four months.
Source: SooToday - 🏆 8. / 85 Read more »

Bond market 'fear gauge' hits highest level since MayThe ICE BofA MOVE Index (^MOVE), also known as the bond market 'fear gauge,' has hit its highest level since May. Yahoo Finance's Jared Blikre breaks down the details of the the multi-decade highs seen in U.S. Treasury bond yields and what it means for market volatility. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market today: Unrelenting rise in Treasury yields drags Wall Street lowerWall Street is sinking again under the weight of higher yields in the bond market.
Source: CTVNews - 🏆 1. / 99 Read more »

Bill Gross Sees Stocks ‘Clearly Overvalued’ as Bond Yields RiseBill Gross, co-founder and former chief investment officer at Pacific Investment Management Co., said stocks are “clearly overvalued” and that bond yields would need to fall “significantly” to justify current valuations.
Source: BNNBloomberg - 🏆 83. / 50 Read more »