UK bond market chaos disrupts Treasury debt auctions as volatility bleeds across borders

The chaos in the UK government bond market impacted global markets in several ways, but in the US it initially pushed Treasury bond yields up in solidarity, while increasing the cost at which the Treasury US has financed nearly $ 90 billion in debt. On Monday, an auction of $ 43 billion of 2-year Treasuries … Read more

UK bond yields plummet after the Bank of England stepped in to buy “whatever scale needed”

UK gilts yields fell from a 14-year high after the Bank of England said it would buy bonds at “whatever scale is needed” to restore orderly market conditions. The 10-year benchmark gilt yield TMBMKGB-10Y, 4.014%, moving in the opposite direction to prices, it fell 49 basis points to 4.03%, after falling at one point below … Read more

Fannie Mae launches a pilot program to include timely rent payments in credit reports. That’s why this could be a game changer for renters.

When tenants pay their rent on time, they largely fail to improve their credit scores, while homeowners reap the benefits of better credit by paying off the mortgage. That lopsided situation is starting to change in favor of renters. Fannie Mae FNMA, + 1.79%, The government-backed mortgage giant announced Tuesday that it is launching a … Read more

Fannie Mae launches a pilot program to include timely rent payments in credit reports. Because this could be a game changer for renters.

Tenants have long resented the fact that timely rent payments largely do not affect their credit scores, as homeowners can reap the benefits of better credit while paying their bills in the same way. mutual. Gradually, however, that lopsided reality is beginning to change in favor of renters. Fannie Mae FNMA, + 0.97%, The government-backed … Read more

Why a rising 10-year Treasury yield is disrupting financial markets as it approaches 4%

The 10-year Treasury yield, a vital benchmark that influences a wide range of consumer financing costs, is about to hit 4% for the first time in at least 12 years, a development that is starting to take hold in financial markets. The rate TMUBMUSD10Y, 3.986% It climbed to 3.988% on Tuesday, more than double from … Read more

Opinion: reset your retirement calculator now for today’s hovering stock markets and make sure you’re still on track

When the markets are down, you don’t want to look at your 401 (k) statement. But with a potential “lost decade” of equity returns looming, you need to at least take a look, because it’s time to realize your ability to afford retirement. Economists often point out that stock markets always go up eventually, but … Read more

7 Retirement Lessons to Help You Retire “Right”

The closer it gets, the more attention I get. “It”, in this case, is the pension. I’ll celebrate my 60th birthday in January. I’m not going to retire entirely, but I’m thinking about how to work less, travel more and prepare my finances for years to come. As I sketch my plans, I’m drawing not … Read more

7 Retirement Lessons to Help You Retire “Right”

The closer it gets, the more attention I get. “It”, in this case, is the pension. I’ll celebrate my 60th birthday in January. I’m not going to retire entirely, but I’m thinking about how to work less, travel more and prepare my finances for years to come. As I sketch my plans, I’m drawing not … Read more

7 Retirement Lessons to Help You Retire “Right”

The closer it gets, the more attention I get. “It”, in this case, is the pension. I’ll celebrate my 60th birthday in January. I’m not going to retire entirely, but I’m thinking about how to work less, travel more and prepare my finances for years to come. As I sketch my plans, I’m drawing not … Read more