John Hancock: Weekly Market Recap Week Ended January 5
Yields bounce back The yield of the 10-year U.S. Treasury bond climbed back above 4.00%, snapping a string of three weekly declines, as generally positive economic data fueled concerns that the U.S. Federal Reserve could delay interest-rate cuts. The 10-year Treasury’s closing yield on Friday was 4.04%, up from 3.88% at the end of […]
LPL: Have Returns Pulled Forward?
Following on from November’s “Turkey Rally”, December defied weaker recent seasonality trends and delivered a present for investors in the form of outsized stock market returns. Now as we move into January and the new year, investors are asking where does seasonality point to now for stocks, and have returns been “pulled forward” following a […]
John Hancock: Weekly Market Recap Week Ended December 29
Bond market flip-flop A year-end 2023 shift in the interest-rate outlook sparked a turnaround in the government bond market, which saw big price declines and spiking yields in 2021 and 2022 amid rising inflation. In 2023, the yield of the 10-year U.S. Treasury peaked in mid-October near 5.00%—the highest since 2007—but then fell sharply […]