According to data captured in Charles Schwab’s most recent Trading Services Sentiment Survey, only 10% of traders say they have a bearish outlook for the next three to six months.
The taper did indeed have a big effect on the bond market, but this effect is just getting started. The 10- and 30-year bond yields could start to trend higher.
U.S. Senate Majority Leader Harry Reid met with Republican Senator Rand Paul in an effort by Democrats to speed Janet Yellen’s confirmation as chairman of the Federal Reserve.
A regulatory push to make complex securities easier to understand could change how banks disclose risks for exchange-traded notes for the first time since they began trading in 2006.