US 2- to 30-Year Curve Reaches Most Inverted Level This Century

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Reuters

U.S. yields jump after CPI surprises to upside in August

NEW YORK (Reuters) -U.S. Treasury yields surged and a recession warning – the yield curve inversion – widened on Tuesday after monthly U.S consumer prices unexpectedly rose in August, signaling to the market that the Federal Reserve will crack down further on inflation. The yield on two-year Treasury notes, which typically reflects interest rate expectations, spiked to an almost 15-year high of 3.794%. The jump significantly widened the yield curve gap with the benchmark 10-year Treasury note.

Bloomberg

A $3.2 Trillion Option Expiration Seen Worsening Post-CPI Rout

(Bloomberg) — Another wrinkle in a chaotic stock market where everything from the frenetic activity of quant traders to an ever-hawkish Federal Reserve is making investing harder than usual: A looming $3.2 trillion options expiry played a notable role in the Tuesday selloff.Most Read from BloombergTerra Co-Founder Do Kwon Faces Arrest Warrant in South KoreaStocks Rise as Dip Buyers Win Tug of War Over Fed: Markets WrapUS Inflation Tops Forecasts, Cementing Odds of Big Fed HikeNY Judge Who Doesn

TheStreet.com

Bad News Is Piling Up for Chip Makers

The months follow one another and look alike for the manufacturers of semiconductors. For months, fears of a hard landing in the economy due to aggressive interest rate hikes by the Federal Reserve to fight inflation at its highest in 40 years have been a headache since the beginning of the year for Nvidia , Advanced Micro Devices , Intel , Micron and Qualcomm . Nvidia shares have lost more than 13% since the end of August, while AMD shares, which had rebounded well after the release of the second quarter earnings, have fallen by 9.2% since the end of August.

Reuters

Shaken Wall Street awaits final capitulation to greenlight buying

Even as investors crowded the exits on Tuesday, Wall Street’s steepest one-day shake out since early in the pandemic in June 2020 carried few of the hallmarks of capitulation that analysts want to see before calling a bottom. While the S&P 500’s 4.3% slump on Tuesday extended fractionally in early trade Wednesday, it held about half a percent above the 3,900 technical area that looks pivotal to buffering a decline to the June bear market low around 3,666. The benchmark S&P closed Wednesday up about 0.35%.

Bloomberg

Bond Investors Risk Getting Burned If India Fails to Make Index

(Bloomberg) — Overseas investors are pouring into Indian bonds, putting the securities at risk of losses if a long-awaited inclusion into global indexes once again fails to take place.Most Read from BloombergTerra Co-Founder Do Kwon Faces Arrest Warrant in South KoreaNY Judge Who Doesn’t Tolerate ‘Nonsense’ May Be Named Special Master in Trump CaseRay Dalio Does the Math: Rates at 4.5% Would Sink Stocks by 20%Stocks Rise as Dip Buyers Win Tug of War Over Fed: Markets WrapXi Unlikely to Throw Pu

Motley Fool

2 Cryptocurrencies the Smartest Investors Are Buying in September

While all cryptocurrencies are still speculative at the moment, there are two that could be poised for more significant growth: Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL). Ethereum has been a front-runner in the crypto space for years, but its latest update, The Merge, has been making headlines in recent months. This update will move Ethereum from a proof-of-work (PoW) mining protocol to a proof-of-stake (PoS) system, which is one of the biggest milestones in crypto history.

TipRanks

Warren Buffet Is Using These Dividend Stocks to Fight Inflation and Generate Passive Income Stream

Markets tanked yesterday, there’s no other way to put it. The NASDAQ fell more than 5%, the S&P 500 fell more than 4%, and the Dow Jones shed 1,200 points, also a 4% loss. The sharp drops hit after the official August inflation numbers came in substantially worse than expectations. The data release has also firmed up convictions that the Federal Reserve will enact another 75 basis point rate hike later this month. Taken together, rising prices and higher interest rates increase the chances of a

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