Treasury prices slip as investors pile back into stocks

US Treasury prices slipped on Friday and yields jumped as investors sold out of government bonds and looked to move back into stock markets. The yield on the benchmark 10-year Treasury note surged 11 basis points to 2,929%. The yield on the 30-year Treasury bond climbed 12 basis points to 3,092%. Yields move inversely to … Read more

‘Reflation’ trades are resurfacing. Here’s where the money’s going

“Reflation” trades are resurfacing. Travel and leisure stocks have picked up steam this month, with exchange-traded funds such as Invesco’s Dynamic Leisure and Entertainment ETF (PEJ), the US Global Jets ETF (JETS) and AdvisorShares’ Hotel ETF (BEDZ) all moving sharply higher. The action is as much tied to diversification as it is to soon-to-come warm … Read more