Inflation is stubbornly high and interest rates on savings accounts aren’t anywhere close to keeping pace. While the yield on a two-year Treasury is now 3.28%, up from just 0.17% a year ago, the average savings account is barely in positive territory at just 0.07%, according to personal-finance website Bankrate. For investors hanging onto cash, … Read more
Do you have the right portfolio for your retirement savings? When it comes to long-term investing, the biggest issue – by far – is overall asset allocation: How much to stocks, sectors, assets and so on. Picking individual securities within those asset classes – individual stocks or bonds, for example – usually turns out to … Read more
Three experts gave CNBC the lowdown on how to invest if you want to retire within the next 10 years. .
d3sign | Moment | Getty Images As the yield on the 10-year US Treasury pushes ever closer to 3% – a symbolic level not seen since late 2018 – financial analysts have described how it could affect people’s finances in a number of ways. Last week, the 10-year rate hit 2.94%, its highest point in … Read more
Text size Al Drago / Bloomberg A funny thing happened in the past week, as news emerged of inflation hitting a four-decade high. A few strategists started looking a bit more positively on bonds, or at least somewhat less negatively. March consumer prices were 8.5% above their level a year earlier, while producer prices were … Read more
Text size Federal Reserve Gov. Lael Brainard said she expects policy to return “to a more neutral position later this year.” Drew Angerer / Getty Images Tech stocks and bond markets both sold off on Tuesday. Blame comments from Federal Reserve Gov. Lael Brainard. In a Tuesday speech, Brainard said “it is of paramount importance … Read more