PUBLISHED TUE, NOV 30 20211:13 PM EST Annie [email protected] Amazon said it rang up record-breaking sales between Black Friday and Cyber Monday. Meanwhile, U.S. shoppers spent $10.7 billion on Cyber Monday, according to data from Adobe Analytics, marking a 1.4% decline from year-ago levels. Popular purchases on Amazon included Apple AirPods, Fire TV sticks and
(Bloomberg Intelligence) -- The 10-year Treasury yield may approach but not breach 2%, as our end-2022 scenario sees a rate just above 1.9%. We look for near-term curve steepening, then flattening in 2022 as the front end prices for 2023 rate hikes. (10/01/21) 1. A Steeper Yield Curve Now, Flatter LaterReturn to Top Treasury Yields: Our
Economist David Rosenberg says he made a career by not following the herd, and his bond forecast could be considered the latest example. According to the Rosenberg Research president, this year’s rate yield shock surrounding the benchmark 10-year Treasury Note is temporary. “This bond market is so radically oversold,” Rosenberg told CNBC’s “Trading Nation” on Friday.