China Central Bank Wants to Halt Bond-Buying Spree, Not Join It [BNN Bloomberg (Canada)]
First Citizens BancShares, Inc. - Class A (FCNCA)
US:NASDAQ Investor Relations:
firstcitizens.com/about/who-we-are/annual-report
Company Research
Source: BNN Bloomberg
Short of alternative places to lend or invest money, banks have been piling into the risk-free debt issued by Beijing. A six-month rally pushed China's sovereign yields to the lowest in more than two decades –- making them an outlier in the global bear market, and spurring efforts by the PBOC to turn the trend around. The central bank warned lenders in at least two provinces to curtail ultra-long bond investments, according to people familiar with the matter. It's also stepped up verbal pushback against the bond bulls. There are signs it's had an impact: China's 10-year yields are up about 13 basis points from last week's low. Read More: PBOC Expands Warning on Bond Investments to Regional Banks For the PBOC, there are plenty of reasons not to like super-low rates on public debt. They add to downward pressure on the yuan, which the central bank is trying to prop up. They reflect pessimism about the economy, which it's trying to stimulate. And they might store up financial stabi
Show less
Read more
Impact Snapshot
Event Time:
FCNCA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FCNCA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FCNCA alerts
High impacting First Citizens BancShares, Inc. - Class A news events
Weekly update
A roundup of the hottest topics
FCNCA
News
- Could Silicon Valley Bank happen again? ‘The short answer is, yes,' says professor who sees $2 trillion of losses on the books [Yahoo! Finance]Yahoo! Finance
- Could Silicon Valley Bank happen again? ‘The short answer is, yes,' says professor who sees $2 trillion of losses on the books [Fortune]Fortune
- The Great Financial Crisis kick started the private credit boom, but SVB was its true ‘watershed' moment, Sixth Street co-president says [Yahoo! Finance]Yahoo! Finance
- The Great Financial Crisis kick started the private credit boom, but SVB was its true ‘watershed' moment, Sixth Street co-president says [Fortune]Fortune
- Carlyle to Buy Sungage Residential Solar Loans as Banks Retreat [BNN Bloomberg (Canada)]BNN Bloomberg
FCNCA
Earnings
- 4/25/24 - Beat
FCNCA
Sec Filings
- 5/10/24 - Form 4
- 5/9/24 - Form 10-Q
- 5/7/24 - Form 4
- FCNCA's page on the SEC website