BlackRock has boosted its holdings at the long end of the Treasury curve and expects yields to go even lower in a flight-to-quality trade.
The Iowa caucus Feb. 3 is also pulling market attention toward the election. Online betting market PredictIt shows Sanders' odds of winning the Democratic nomination at 40%, six percentage points above second place, former vice president Joseph Biden.
"We still like the front end, but we definitely shifted in the last week," he said. "We've definitely layered in more long end duration in decent size."Rieder said the market is mostly moving on the virus, and just moderately on the election worries. He said stocks have gotten cheaper, making some names more attractive. He said he expects a small single digit decline in equities.
The Federal Open Market Committee begins meeting Tuesday and will issue a statement Wednesday, followed by a briefing by Fed Chairman Jerome Powell.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
WHO chief says he is on way to China to confer on virus, boost responseThe World Health Organization's director-general said late on Sunday he was...
Leer más »
WHO chief says he is on way to China to confer on virus, boost responseThe World Health Organisation's director-general said late on Sunday he was...
Leer más »
World stocks skid on growing virus fears; Dow drops 500BREAKING: U.S. stocks tumble following a sell-off in Europe and Japan as the coronavirus outbreak grows. The Dow Jones Industrial Average drops 500 points in early trading as travel company stocks sink.
Leer más »
France ponders repatriating citizens from Wuhan amid virusThe French government is meeting to decide whether to repatriate some 800 French citizens living in Wuhan, the Chinese city at the epicenter of a deadly virus.
Leer más »
Italy's M5S 'annihilated' in regional vote which pressures an already fragile governmentThe anti-establishment M5S has been dropping precipitously in national polls and struggled to win significant support in either Emilia Romagna or Calabria, which also held regional elections on Sunday.
Leer más »
The growing threat of political 'deepfakes'The larger point, aside from the semantic difference between a misleading tape and a doctored one, is the growing risk of so-called “deepfakes” — photos or video created or altered by technology — to spread disinformation and influence elections
Leer más »