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Stock impact report

Bond Traders Look to Record Auction for Sign 5% Yield Is Peak [Yahoo! Finance]

Franklin Resources, Inc. (BEN) 
Last franklin resources, inc. earnings: 4/30 08:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Most Read from Bloomberg TikTok to Remove Executive Tasked With Fending Off US Claims Tesla Spends Weekend Cutting Prices of Cars and FSD Software The Fed's Forecasting Method Looks Increasingly Outdated as Bernanke Pitches an Alternative Traders Are Cashing Out of Markets En Masse Investors are bracing for a tricky week, even beyond the risk of further volatility because of tensions in the Mideast. The market must absorb a combined $183 billion calendar of two-, five- and seven-year note sales — the first two of which will be at record levels — before a crucial inflation reading at the end of the week that will help shape expectations for the Federal Reserve's path. There's already a strong indication that investors want to buy after yields surged this month on signs of a resilient economy, which led traders to push out bets on Fed interest-rate cuts to late 2024. The latest leg of the Treasuries selloff briefly pushed the two-year rate above 5% after Fed Chair Jerome Po Show less Read more
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