Barron’s (December 16)
“Investors betting on future interest rate moves expect the Fed to cut rates a quarter-point, ending 2024 with a federal-funds rate in the range of 4.25%-4.5%.” That not something bond investors like. They are increasingly “shunning long-term Treasuries,” with the yield on 10-year Treasuries moving beyond the “20-day moving average of 4.293% on Thursday,” before “topping 4.4% during intraday trading on Friday.”
Tags: 10-year Treasuries, 4, 4.293%, Bond investors, Fed, Federal-funds rate, Future, Interest rate, Intraday trading, Investors, Shunning, Yield
Investment Week (June 27)
“The decision by The London Tunnels to list on the Euronext Amsterdam took the industry somewhat by surprise considering the company had set out plans in January to float on the London Stock Exchange…. The move left industry players split as to what the rationale behind shunning London for a European market may actually be,” and whether it simply because it’s a “novelty investment” or constitutes “another loss” for the LSE.
Tags: Decision, Euronext Amsterdam, Float, Listing, London Tunnels, Loss, LSE, Novelty investment, Rationale, Shunning
