Tag Archives: 10-year treasury yield
Where does it stop? Stock prices got back on the winning track this holiday-shortened week, with the blue chip S&P 500 closing today’s session at another all-time high. We’re delighted with the market’s resilience, but one indicator has us leaning cautious for the near term.
In this month’s visit, I’ll explain how a decent cash reserve can add sparkle to your investment results in 2006. I’ll also introduce you to the highestyielding safe vehicles for your cash, such as FDIC-insured bank accounts that will boost your income over almost any money market fund. For the belt-and-suspenders folks among us, I’ll show you how to buy T-bills (the safest investment on Earth) without ncurring a dime in commissions.
It looks as if the nasty little “correction” that began on Wall Street in early August is blowing out to a climax. Expect some sharp intraday swings over the next couple of days. When the dust settles, though, the traditional year-end rally should be ready to kick in.
We’ve had a nice little �correction� in the bond market over the past few days. Watch for the pullback (in prices) to deepen soon, leading to a good buying opportunity that may coincide with the government’s September 3 jobs report.