The 10-year Treasury yield climbed higher Friday, adding to its steep weekly rise, as dizzying trade moves by President Donald Trump caused investors to dump U.S. assets in favor of other global safe havens.The benchmark 10-year Treasury yield advanced more than 17 basis points to 4.567%, its highest level since Feb. 13. The 2-year Treasury yield climbed 5 basis points on the day at 3.899%.One basis point is equal to 0.01% and yields move inversely to prices.The 10-year yield this week has risen more than 50 basis points this week after ending last week around 4%, marking one of the biggest spikes on record. The…
Author: usaeverydaylife
Market uncertainty has massively increased as trade tariffs remain center stage for global investors. With the CBOE Volatility Index surging higher, I want to lean optimistically and use options to potentially profit on the trade tariff temperature coming down. Using a defined risk options spread SPDR S & P 500 ETF Trust (SPY) will allow an investor to profit in a snapback recovery after this historic sell-off. .VIX 5Y mountain CBOE Vix Index, 5 years Typically, an investor can use an entire toolbox of tools to measure risk and attempt to forecast outcomes contingent upon the volatility regime at hand.…
BlackRock’s first-quarter earnings on Friday reaffirmed our investment in the stock, despite a choppy operating environment out of the asset management giant’s control. Revenue in the first quarter rose 11.6% year over year to $5.28 billion, missing the $5.34 billion estimate, according to LSEG. Adjusted earnings per share (EPS) of $11.30 topped expectations of $10.14, LSEG data showed. Assets under management (AUM) totaled $11.58 trillion at the end of the quarter, below the consensus estimate of $11.7 trillion, according to FactSet. BlackRock’s report landed at a rocky time in the stock market, which challenges its core business in a few…
Senior trade adviser Peter Navarro attends an interview with CNN, at the White House, in Washington, D.C., U.S., April 10, 2025. Evelyn Hockstein | ReutersPresident Donald Trump’s trade advisor Peter Navarro on Friday encouraged Americans to buy stocks one day after dismissing a steep market drop fueled by fears of a tariff-induced slowdown as “no big deal.”Navarro predicted market gains will result from Trump’s proposed U.S. tax cuts, and from potential trade deals with countries seeking to avoid higher tariffs he has threatened.”Let me just say, ninety deals in ninety days, biggest, broadest tax cut in American history should be driving…
Nvidia CEO Jensen Huang delivers the keynote for the Nvidia GPU Technology Conference (GTC) at the SAP Center in San Jose, California, U.S. March 18, 2025. Brittany Hosea-Small | ReutersTechnology stocks were on pace for a winning week Friday on the heels of a volatile stretch spurred by ongoing tariff uncertainty and economic fears.The Nasdaq Composite has jumped nearly 5% this week despite a wild few sessions and is on pace for its best week since November. The index was marginally higher Friday. Megacap technology stocks have bounced this week despite the recent turbulence.Nvidia has led the way with a more…
Amid the turmoil over global trade, countries around the world reached a remarkable, though modest, agreement Friday to reduce the climate pollution that comes from shipping those goods worldwide — with what is essentially a tax, no less.A draft accord reached in London under the auspices of the International Maritime Organization, a United Nations agency, would require every ship that ferries goods across the oceans to lower their greenhouse gas emissions or pay a fee.The targets fall short of what many had hoped. Still, it’s the first time a global industry would face a price on its climate pollution no…
A global trade slowdown tied to U.S. tariffs will likely create a more challenging environment for bond fund managers, according to financial futurist Dave Nadig.”All of these capital holding requirements that led to buying U.S. Treasurys are kind of unwinding at the same time,” the former ETF.com CEO told CNBC’s “ETF Edge” on Wednesday. “So, the traditional math of things are bad for stocks, [and] everybody is going to buy bond just isn’t working out this time because the kind of shock we’re seeing is one we’ve never seen before.” The benchmark 10-year Treasury Note yield increased to 4.4% on…
There’s a group of stocks that can help you ride out the recent market volatility while still getting a good chunk of income. The market has seen much turbulence in recent days, seesawing between gains and losses in reaction to President Donald Trump’s trade policy changes. All the three major averages sold off Thursday, a day after the market’s historic rally. On Wednesday, the S & P 500 posted its third largest single-day gain since World War II after Trump announced a 90-day pause on steeper U.S. tariff rates for most countries. The three indexes are still on pace for…
Thousands of employees at the Internal Revenue Service have lost their jobs in recent months. That reduction in the workforce could affect the agency’s essential functions — from audits and collection enforcement to the processing of tax returns and refunds — during the height of tax season. In February, an estimated 6,000 to 7,000 probationary workers were laid off from the IRS, and reports have indicated the agency may cut as much as half of its roughly 90,000-person workforce in the coming months. On March 13, a federal judge ordered the administration to reinstate thousands of probationary employees it had…
Sen. Adam Schiff, D-Calif., questions Brooke Rollins, President Donald Trump’s nominee to be Agriculture secretary, during her Senate Agriculture, Nutrition and Forestry Committee confirmation hearing in Dirksen building on Thursday, January 23, 2025. Tom Williams | Cq-roll Call, Inc. | Getty ImagesA group of Senate Democrats on Friday asked the Securities and Exchange Commission to investigate President Donald Trump and others for “potential violations of securities law” related to the president’s announcement this week of a pause in so-called reciprocal tariffs on imports from many countries.”Specifically, we ask the SEC to determine whether President Trump, any members of his cabinet, or…
