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"text": " the expectation that progress in a countrywide vaccine program and further financial stimulus will further spur economic growth is fueling the growth of the economy.\n \"the theory is that when government bonds rise in yield, all asset prices should be lower, \" said eric freedman, chief investment officer of u. s. bank, wealth and management, adding that it is not believed that yields have risen far enough yet to provide an alternative to stock competition.\n according to refinitiv data, yields rose as the s&p 500 hovered near time highs at the end of the fourth season of earnings, which saw overall earnings reports of 17. 2 percent above expectations.\n guy and lebas, chief fixed income strategist at janney capital and management in philadelphia, also said the treasury is missing asian buyers.\n the ultra easy monetary policy and financial stimulus have fuelled an excessive risk appetite, which could be curbed if yields start to rise.\n 1. we have seen buying from asia in the market over the past several months now, and much of the market is quiet right now with the lunar new year holidays, he said.\n the latest survey of fund managers by bofa global and research shows that the net percentage of investors who are at risk of normalcy is at a record, that cash allocations are at their lowest level since march 2013, and that the points' stock and commodities allocations are at their highest.\n a 10 percent pullback seems very plausible, a citi strategist said this week, noting that if some mega-cap names in information technology growth were dragged down as a result of over-representation in their stocks, it would impact the broad index by yielding a rise in bonds.\n note that if some mega-cap names in information technology growth are dragged down as a result of over-representation in their stocks, it would impact the broad index as the yield on bonds yields rise.\n meanwhile, stock and commodity prices lifted on optimism that the vaccine would roll on, at the expense of assets such as the treasury, a safe haven.\n analysts at nomura said earlier this week that a move above 1. 5 percent in the next 10 years could spark an 8 percent drop in stocks.\n part of the close watch part of the yield curve, measuring the gap between yield on two-year treasury notes and the widest level since 2017, widened to as much as 116. 95%.\n this week, portfolio managers j. j. bryant, evans and cozad asset and management added bank and mortgage company stocks to the high-dividend portfolio.\n portfolio managers j. bryant, evans and cozad asset and management took advantage of the improved economic outlook and rising rate environment.\n the two year yield is anchored by expectations that the federal reserve will keep its policy rates near the levels they have been for years to come.\n ``the people who think that interest rates are still extremely low in history are urging some balance and a little bit of waiting for fixed income to move on, '' evans said.\n last week, federal reserve chairman jerome powell pledged that the united states would get back to full employment through an accommodative monetary policy.\n paul and nolte, portfolio managers at kingsview investment and management, watched whether the yield on the rise would eventually come from a change in tone at the fed, with the suggestion that once the stimulus is reigned in, the central banks that made the bond purchases of the stimulus will start to taper off, shaking the market perhaps.\n the yield on the rise comes from a change in tone at the fed, with the suggestion that once the stimulus is reigned in, the bond purchases of the stimulus will start to taper off, as the market might shake off.\n the view that the economy is running hot is pushing inflation expectations for the next 10 years to the highest level since 2014 with the breakeven inflation rate at 2. 246%.\n nolte said the way the bond market is telling everybody that the economy is recovering and is getting healthy is through a broader yield curve.\n an analyst at cornerstone and macro said tuesday that the official talk of a possible taper off of federal reserve bond buying beginning in the second half of 2021 poses a potential downside risk for the breakeven rate.\n 1) according to the report, that could be a sign to investors that the large buyers on the market are about to become smaller and will eventually disappear, and that the federal reserve's resolve to resolve the inflation overshoot may not be very strong, depending on what the outlook is for inflation at that time.\n", |
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"summary": "The S&P 500 hovered near time highs at the end of the fourth season of earnings, which saw overall earnings reports 17. 2 percent above expectations. Meanwhile, the dollar strengthened on optimism that the vaccine would roll on, at the expense of assets such as the treasury, a safe haven. This week, portfolio managers at kingsview investment and management watched whether the yield on the rise would eventually come from expectations that the federal reserve will keep its policy rates near the levels they have been for years to come. \" The people who think that interest rates are still extremely low in history are urging some balance and a little bit of waiting for fixed income to move on,\" evans said. Last week, federal reserve chairman jerome powell pledged that the united states would get back to full employment through an accommodative monetary policy. Many fund managers are adding bank and mortgage company stocks to their high-dividend portfolio due to the \"improved economic outlook and rising rate environment.\" The theory is that when government bonds rise in yield, all asset prices should be lower, says eric freedman, chief investment officer of u s. bank, wealth and management, adding that it is not believed that yields have risen far enough yet to provide an alternative to stock competition. In fact, according to Refinitiv data, yields rose as the s&p 500 histed near time heights at the close of the Fourth season of Earnings. He notes that if some mega-cap names in information technology growth were dragged down as a result of over-representation in their stocks, it would impact the broad index by yielding a rise in bonds. Also in the note, citi strategist said this week that a 10 percent pullback seems very plausible, noting that if large caps with no tech stocks underrepresented in the index were pulled down because of excessive concentration in shares, then that would also affect the broad market as the yield upon bonds yields rise. Furthermore, the yield curve has widened to as much as 116 points since the beginning of the year. On the other hand, freeman argues that the Fed's view that the economy is strong and getting stronger is fuelling investor risk appetite" |
