Your email has been successfully added to our mailing list.

×
0 0.00328703703703707 0.00328703703703707 0.00328703703703707 0.00328703703703707 0.00115740740740741 -0.000546874999999963 0.00539351851851848
Stock impact report

Strategist talks bond market appeal ahead of Treasury auction [Yahoo! Finance]

First Citizens BancShares, Inc. - Class A (FCNCA) 
Company Research Source: Yahoo! Finance
To provide insights into the implications of this event on Treasury yields ( ^TYX ^TNX ^FVX ), PIMCO Core Strategies Chief Investment Officer Mohit Mittal joins Catalysts Mittal highlights that there has been "a correction in valuations," and this repricing has created value in the fixed-income market. He believes that "on a go-forward basis," investors can expect "healthy returns in fixed-income under most scenarios", which is "why you're seeing a healthy amount of demand" for these auctions. Mittal advises investors to look at high-quality fixed-income areas, suggesting sectors such as agency mortgages in the US. Additionally, he recommends exploring opportunities "outside of the US where growth has been somewhat weaker," naming high-quality sovereign bonds as potential options. In the ongoing "higher-for-longer" interest rate environment, Mittal believes that yields will be able to sustain in this environment. However, he adds that "the market is already pricing that" in, su 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
Opt-in for FCNCA alerts
Opt-in for
FCNCA alerts

from News Quantified
Opt-in for
FCNCA alerts

from News Quantified