A ‘shaking’ amongst mortgage lenders is imminent

A sign hangs from a Banco Santander branch in London, UK, on ​​Wednesday, February 3, 2010. Simon Dawson | Bloomberg via Getty Images Banks and other mortgage providers have been battered by falling loan demand this year, as a result of the Federal Reserve interest rate Long walk. Some companies will be forced out of … Read more

US Treasury yields are decrease forward of key Fed choice

US Treasury yields fell on Tuesday as investors braced for an important policy decision from the Federal Reserve. Return on benchmark 10-year Treasury bond down 4 basis points to 2.781%, while yields above 30-year Treasury bond down 4 basis points to 3.01%. Yields move inversely to price and basis point by 0.01%. Much of this … Read more

Treasury yields rise because the curve stays inverted; traders watch the Fed

US Treasury yields were slightly higher on Monday, but the key yield curve remained inverted, with investors gauging the possibility of a Federal Reserve policy change next week. At around 6:04 a.m. ET, yielding above the benchmark 10-year Treasury bond increased to 2.963% while the yield above 30-year Treasury bond an increase of 3.117%. Yields … Read more

UnitedHealth, Wells Fargo, Pinterest and others

Check out the companies that make headlines before the alarm goes off: UnitedHealth (UNH) – Shares of the health insurer rose 1.7% in money markets after quarterly earnings and revenue beat forecasts and raised its full-year outlook. The company’s results are supported in part by strong performance at its Optum healthcare unit. Wells Fargo (WFC) … Read more

Wells Fargo (WFC) Q2 2022 earnings

Wells Fargo said on Friday that second-quarter profit fell 48% from a year earlier as the bank set aside funds for bad loans and was hit by a drop in equity. Here’s what the company reported versus what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: adjusted 82 … Read more

5 issues to know earlier than the inventory market opens on Friday, July 15

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, July 13, 2022. Brendan McDermid | Reuters Here are the most important news items investors need to start their trading day. 1. Stocks headed to open higher Stock futures rise in pre-market trading as investors tap into the … Read more

Bond yields slide, key yield curve inversion narrows as traders take into account Fed’s subsequent transfer

Key Treasury yield curve inversion narrowed on Friday, after touching steepest level since 2000 Yesterday. Yield curve inversions, or when shorter-dated government bonds have higher yields than longer-term bonds, are often seen by the market as a sign that a recession is coming. But the gap between 2-year and 10-year yields narrowed on Friday as … Read more