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07:52","market":"hk","language":"en","title":"Treasury Market Faces More Trauma Friday, Futures Suggest","url":"https://stock-news.laohu8.com/highlight/detail?id=1138008422","media":"Bloomberg","summary":"With bond market closed for Veterans Day, derivatives slump\nFive-year note contract suggests new 202","content":"<ul>\n <li>With bond market closed for Veterans Day, derivatives slump</li>\n <li>Five-year note contract suggests new 2021 yield high ahead</li>\n</ul>\n<p>Another dark day awaits the U.S. Treasury market when trading resumes on Friday, based on Thursday’s price action in futures.</p>\n<p>With the bond market closed in observance of Veterans Day, a U.S. bank holiday, Treasury futures trading continued, and it wasn’t pretty. Futures prices fell across the maturity spectrum, with the five-year note contract falling as much as 10.25 ticks to a record low 121-09+, and settling at 121-10¼.</p>\n<p>Five-year yields soared 13.5 basis points on Wednesday, the market’s worst day since February measured by the performance of the Bloomberg Treasury Index, reaching 1.23%. It peaked this year at 1.25% on Oct. 22, after Federal Reserve Chair Jerome Powell said rising inflation rates would draw a response from the central bank.</p>\n<p>Wednesday’s yield surge was unleashed by bigger-than-expected increases in consumer price gauges for October.</p>\n<p>Eurodollar futuresalso fell sharplyThursday, with the December 2022 contract reaching its lowest level since March 2020, implying the Fed will raise rates at least twice next year. Volumes in both futures markets were no more than half their 20-day average levels for most contracts.</p>\n<p><img src=\"https://static.tigerbbs.com/6fe4d14171a9730017dd606bf80c793e\" tg-width=\"683\" tg-height=\"384\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Treasury Market Faces More Trauma Friday, Futures Suggest</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTreasury Market Faces More Trauma Friday, Futures Suggest\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-12 07:52 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-11-11/treasury-market-faces-more-trauma-friday-futures-suggest?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With bond market closed for Veterans Day, derivatives slump\nFive-year note contract suggests new 2021 yield high ahead\n\nAnother dark day awaits the U.S. Treasury market when trading resumes on Friday,...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-11-11/treasury-market-faces-more-trauma-friday-futures-suggest?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2021-11-11/treasury-market-faces-more-trauma-friday-futures-suggest?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138008422","content_text":"With bond market closed for Veterans Day, derivatives slump\nFive-year note contract suggests new 2021 yield high ahead\n\nAnother dark day awaits the U.S. Treasury market when trading resumes on Friday, based on Thursday’s price action in futures.\nWith the bond market closed in observance of Veterans Day, a U.S. bank holiday, Treasury futures trading continued, and it wasn’t pretty. Futures prices fell across the maturity spectrum, with the five-year note contract falling as much as 10.25 ticks to a record low 121-09+, and settling at 121-10¼.\nFive-year yields soared 13.5 basis points on Wednesday, the market’s worst day since February measured by the performance of the Bloomberg Treasury Index, reaching 1.23%. It peaked this year at 1.25% on Oct. 22, after Federal Reserve Chair Jerome Powell said rising inflation rates would draw a response from the central bank.\nWednesday’s yield surge was unleashed by bigger-than-expected increases in consumer price gauges for October.\nEurodollar futuresalso fell sharplyThursday, with the December 2022 contract reaching its lowest level since March 2020, implying the Fed will raise rates at least twice next year. Volumes in both futures markets were no more than half their 20-day average levels for most contracts.","news_type":1},"isVote":1,"tweetType":1,"viewCount":772,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879911195,"gmtCreate":1636676061845,"gmtModify":1636676063360,"author":{"id":"3574922071165793","authorId":"3574922071165793","name":"Bossiwei","avatar":"https://static.tigerbbs.com/dfbc991d17c0826fbf583dc8682e96d3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Okok ","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Okok ","text":"$Apple(AAPL)$Okok","images":[{"img":"https://static.tigerbbs.com/37991a1c832fc2930241410e0c852b43","width":"750","height":"1174"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/879911195","isVote":1,"tweetType":1,"viewCount":366,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":879913258,"gmtCreate":1636676011578,"gmtModify":1636676011939,"author":{"id":"3574922071165793","authorId":"3574922071165793","name":"Bossiwei","avatar":"https://static.tigerbbs.com/dfbc991d17c0826fbf583dc8682e96d3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Okok","listText":"<a 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","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/847159652","repostId":"2182089825","repostType":4,"isVote":1,"tweetType":1,"viewCount":769,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":847150244,"gmtCreate":1636502641369,"gmtModify":1636502641728,"author":{"id":"3574922071165793","authorId":"3574922071165793","name":"Bossiwei","avatar":"https://static.tigerbbs.com/dfbc991d17c0826fbf583dc8682e96d3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Okay ","listText":"Okay ","text":"Okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/847150244","repostId":"1151391763","repostType":4,"repost":{"id":"1151391763","pubTimestamp":1636499929,"share":"https://www.laohu8.com/m/news/1151391763?lang=&edition=full","pubTime":"2021-11-10 07:18","market":"us","language":"en","title":"After-Hours Stock Movers: Coinbase, DoorDash, Upstart Holdings and more","url":"https://stock-news.laohu8.com/highlight/detail?id=1151391763","media":"StreetInsider","summary":"After-Hours Stock Movers:\nPoshmark Inc. (NASDAQ:POSH)25.3% LOWER; reported Q3 EPS of ($0.09), $0.02 ","content":"<p>After-Hours Stock Movers:</p>\n<p>Poshmark Inc. (NASDAQ:POSH)25.3% LOWER; reported Q3 EPS of ($0.09), $0.02 worse than the analyst estimate of ($0.07). Revenue for the quarter came in at $79.7 million versus the consensus estimate of $82.69 million. Poshmark Inc. sees Q4 2021 revenue of $80-82 million, versus the consensus of $85.1 million.</p>\n<p>PubMatic Inc. (NASDAQ:PUBM)23% HIGHER; reported Q3 EPS of $0.24, $0.15 better than the analyst estimate of $0.09. Revenue for the quarter came in at $58.1 million versus the consensus estimate of $52.55 million. PubMatic Inc. sees Q4 2021 revenue of $74-76 million, versus the consensus of $62.24 million. PubMatic Inc. sees FY2021 revenue of $225-227 million, versus the consensus of $208.02 million. PubMatic Inc. sees FY2022 revenue of $281 million, versus the consensus of $260.22 million.</p>\n<p><a href=\"https://laohu8.com/S/RNG\">RingCentral</a>, Inc. (NYSE:RNG)22.7% HIGHER; reported Q3 EPS of $0.36, $0.03 better than the analyst estimate of $0.33. Revenue for the quarter came in at $415 million versus the consensus estimate of $393.42 million. <a href=\"https://laohu8.com/S/RNG\">RingCentral</a>, Inc. sees Q4 2021 revenue of $433.5-434.5 million, versus the consensus of $420.6 million.</p>\n<p><a href=\"https://laohu8.com/S/DASH\">DoorDash, Inc.</a> (NYSE:DASH)22.4% HIGHER; announced they and certain stockholders of Wolt have entered into a definitive agreement whereby DoorDash willacquireWolt in an all-stock transaction.</p>\n<p>Upstart Holdings (NASDAQ:UPST)21% LOWER; reported Q3 EPS of $0.60, $0.25 better than the analyst estimate of $0.35. Revenue for the quarter came in at $228.5 million versus the consensus estimate of $214.9 million. Upstart Holdings sees Q4 2021 revenue of $255-265 million, versus the consensus of $226.6 million.</p>\n<p><a href=\"https://laohu8.com/S/DOCS\">Doximity, Inc.</a> (NYSE:DOCS)15% LOWER; reported <a href=\"https://laohu8.com/S/QTWO\">Q2</a> EPS of $0.19, $0.09 better than the analyst estimate of $0.10. Revenue for the quarter came in at $79.4 million versus the consensus estimate of $73.5 million. <a href=\"https://laohu8.com/S/DOCS\">Doximity, Inc.</a> sees Q3 2022 revenue of $85.8-86.8 million, versus the consensus of $74.66 million. Doximity, Inc. sees FY2022 revenue of $326.1-328.1 million, versus the consensus of $299.41 million.</p>\n<p>Coinbase (NASDAQ:COIN)11% LOWER; reported Q3 EPS of $1.62, $0.05 better than the analyst estimate of $1.57. Revenue for the quarter came in at $1.31 billion versus the consensus estimate of $1.56 billion.</p>\n<p><a href=\"https://laohu8.com/S/U\">Unity Software Inc.</a> (NYSE:U)9% LOWER; reported Q3 EPS of ($0.06), $0.01 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $286.3 million versus the consensus estimate of $264.21 million. <a href=\"https://laohu8.com/S/UNTY\">Unity</a> Software Inc. sees Q4 2021 revenue of $285-290 million, versus the consensus of $287.3 million. <a href=\"https://laohu8.com/S/U\">Unity Software Inc.</a> sees FY2021 revenue of $1.08-1.085 billion, versus the consensus of $1.06 billion.</p>\n<p>Toast (NYSE:TOST)6.6% LOWER; reported Q3 revenues of $486.4 million versus the consensus estimate of $429.97 million. Toast sees Q4 2021 revenue of $465-495 million, versus the consensus of $440.53 million. Toast sees FY2021 revenue of $1.655-1.685 billion, versus the consensus of $1.57 billion.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>After-Hours Stock Movers: Coinbase, DoorDash, Upstart Holdings and more</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAfter-Hours Stock Movers: Coinbase, DoorDash, Upstart Holdings and more\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-10 07:18 GMT+8 <a href=https://www.streetinsider.com/dr/news.php?id=19188152><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After-Hours Stock Movers:\nPoshmark Inc. (NASDAQ:POSH)25.3% LOWER; reported Q3 EPS of ($0.09), $0.02 worse than the analyst estimate of ($0.07). Revenue for the quarter came in at $79.7 million versus ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19188152\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UPST":"Upstart Holdings, Inc.","DASH":"DoorDash, Inc.","COIN":"Coinbase Global, Inc."},"source_url":"https://www.streetinsider.com/dr/news.php?id=19188152","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151391763","content_text":"After-Hours Stock Movers:\nPoshmark Inc. (NASDAQ:POSH)25.3% LOWER; reported Q3 EPS of ($0.09), $0.02 worse than the analyst estimate of ($0.07). Revenue for the quarter came in at $79.7 million versus the consensus estimate of $82.69 million. Poshmark Inc. sees Q4 2021 revenue of $80-82 million, versus the consensus of $85.1 million.\nPubMatic Inc. (NASDAQ:PUBM)23% HIGHER; reported Q3 EPS of $0.24, $0.15 better than the analyst estimate of $0.09. Revenue for the quarter came in at $58.1 million versus the consensus estimate of $52.55 million. PubMatic Inc. sees Q4 2021 revenue of $74-76 million, versus the consensus of $62.24 million. PubMatic Inc. sees FY2021 revenue of $225-227 million, versus the consensus of $208.02 million. PubMatic Inc. sees FY2022 revenue of $281 million, versus the consensus of $260.22 million.\nRingCentral, Inc. (NYSE:RNG)22.7% HIGHER; reported Q3 EPS of $0.36, $0.03 better than the analyst estimate of $0.33. Revenue for the quarter came in at $415 million versus the consensus estimate of $393.42 million. RingCentral, Inc. sees Q4 2021 revenue of $433.5-434.5 million, versus the consensus of $420.6 million.\nDoorDash, Inc. (NYSE:DASH)22.4% HIGHER; announced they and certain stockholders of Wolt have entered into a definitive agreement whereby DoorDash willacquireWolt in an all-stock transaction.\nUpstart Holdings (NASDAQ:UPST)21% LOWER; reported Q3 EPS of $0.60, $0.25 better than the analyst estimate of $0.35. Revenue for the quarter came in at $228.5 million versus the consensus estimate of $214.9 million. Upstart Holdings sees Q4 2021 revenue of $255-265 million, versus the consensus of $226.6 million.\nDoximity, Inc. (NYSE:DOCS)15% LOWER; reported Q2 EPS of $0.19, $0.09 better than the analyst estimate of $0.10. Revenue for the quarter came in at $79.4 million versus the consensus estimate of $73.5 million. Doximity, Inc. sees Q3 2022 revenue of $85.8-86.8 million, versus the consensus of $74.66 million. Doximity, Inc. sees FY2022 revenue of $326.1-328.1 million, versus the consensus of $299.41 million.\nCoinbase (NASDAQ:COIN)11% LOWER; reported Q3 EPS of $1.62, $0.05 better than the analyst estimate of $1.57. Revenue for the quarter came in at $1.31 billion versus the consensus estimate of $1.56 billion.\nUnity Software Inc. (NYSE:U)9% LOWER; reported Q3 EPS of ($0.06), $0.01 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $286.3 million versus the consensus estimate of $264.21 million. Unity Software Inc. sees Q4 2021 revenue of $285-290 million, versus the consensus of $287.3 million. Unity Software Inc. sees FY2021 revenue of $1.08-1.085 billion, versus the consensus of $1.06 billion.\nToast (NYSE:TOST)6.6% LOWER; reported Q3 revenues of $486.4 million versus the consensus estimate of $429.97 million. Toast sees Q4 2021 revenue of $465-495 million, versus the consensus of $440.53 million. Toast sees FY2021 revenue of $1.655-1.685 billion, versus the consensus of $1.57 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07:21","market":"us","language":"en","title":"S&P 500 surges, biggest daily percentage rise since March on earnings, data","url":"https://stock-news.laohu8.com/highlight/detail?id=1129314610","media":"Reuters","summary":"NEW YORK (Reuters) - The S&P 500 jumped on Thursday, its biggest daily percentage advance since earl","content":"<p>NEW YORK (Reuters) - The S&P 500 jumped on Thursday, its biggest daily percentage advance since early March, as companies including <a href=\"https://laohu8.com/S/MS\">Morgan Stanley</a> and <a href=\"https://laohu8.com/S/UNH\">UnitedHealth</a> climbed following strong results, while data on the labor market and inflation soothed fears over the outlook for higher rates.</p>\n<p>The technology sector jumped 2.3%, giving the S&P 500 its biggest boost, with shares of <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> Corp and <a href=\"https://laohu8.com/S/AAPL\">Apple</a> Inc rising.</p>\n<p>Shares of <a href=\"https://laohu8.com/S/C\">Citigroup</a>, $Bank of America Corp(BAC-N)$ and <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> also gained after they topped quarterly earnings estimates. The rebounding economy allowed them to release more cash they had set aside for pandemic losses, while sizzling deals, equity financing and trading added to profits. The S&P bank index jumped 1.5%.</p>\n<p>Also, UnitedHealth Group Inc climbed 4.2% after the health insurer reported results and raised its full-year adjusted profit forecast on strength from its Optum unit that manages drug benefits.</p>\n<p>Adding to optimism, data showed the number of Americans filing new claims for unemployment benefits last week fell close to a 19-month low, and a separate report showed producer prices eased in September.</p>\n<p>Data from recent inflation reports suggested COVID-driven price increases may have peaked. Still, Federal Reserve policymakers remain divided over inflation and what to do about it.</p>\n<p>“Some of the things that worried the market in September, and even last week, as far as the inflation aspect and higher interest rates and the Delta variant, maybe have lessened,” said Alan Lancz, president, Alan B. Lancz & Associates Inc., an investment advisory firm, based in Toledo, Ohio.</p>\n<p>“Not that it’s all over, but on a temporary scale at least, you can make a case for it trending in the right direction.”</p>\n<p>The Dow Jones Industrial Average rose 534.75 points, or 1.56%, to 34,912.56, the S&P 500 gained 74.46 points, or 1.71%, to 4,438.26 and the <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> Composite added 251.8 points, or 1.73%, to 14,823.43.</p>\n<p>While the S&P 500 registered its biggest daily percentage gain since March 5, the Nasdaq notched its biggest since May 20 and the Dow its biggest since July 20.</p>\n<p>Gains were broad-based, with all but <a href=\"https://laohu8.com/S/AONE.U\">one</a> S&P 500 sector rising more than 1%.</p>\n<p>Shares of Moderna Inc ended up 3.2% after a panel of expert advisers to the U.S. Food and Drug Administration voted to recommend booster shots of its COVID-19 vaccine for Americans aged 65 and older and those at high risk of severe illness.</p>\n<p><a href=\"https://laohu8.com/S/WBA\">Walgreens Boots Alliance</a> Inc jumped 7.4% after the drugstore chain reported fourth-quarter revenue and adjusted profit above estimates and forecast growth of 11% to 13% in the long term.</p>\n<p>U.S. companies are expected to report strong profit growth for the third quarter, but investors have been keen to hear what they say about rising costs, labor shortages and supply problems.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 3.58-to-1 ratio; on Nasdaq, a 1.97-to-1 ratio favored advancers.</p>\n<p>The S&P 500 posted 32 new 52-week highs and no new lows; the Nasdaq Composite recorded 82 new highs and 46 new lows.</p>\n<p>Volume on U.S. exchanges was 9.26 billion shares, compared with the 10.8 billion average for the full session over the last 20 trading days.</p>\n<p></p>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500 surges, biggest daily percentage rise since March on earnings, data</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 surges, biggest daily percentage rise since March on earnings, data\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-15 07:21 GMT+8 <a href=https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-surges-biggest-daily-percentage-rise-since-march-on-earnings-data-idUSL1N2RA2WC><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (Reuters) - The S&P 500 jumped on Thursday, its biggest daily percentage advance since early March, as companies including Morgan Stanley and UnitedHealth climbed following strong results, ...</p>\n\n<a href=\"https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-surges-biggest-daily-percentage-rise-since-march-on-earnings-data-idUSL1N2RA2WC\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SSO":"两倍做多标普500ETF","OEX":"标普100","OEF":"标普100指数ETF-iShares","UPRO":"三倍做多标普500ETF","IVV":"标普500指数ETF","SDS":"两倍做空标普500ETF","SPY":"标普500ETF","SPXU":"三倍做空标普500ETF",".SPX":"S&P 500 Index","SH":"标普500反向ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-surges-biggest-daily-percentage-rise-since-march-on-earnings-data-idUSL1N2RA2WC","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129314610","content_text":"NEW YORK (Reuters) - The S&P 500 jumped on Thursday, its biggest daily percentage advance since early March, as companies including Morgan Stanley and UnitedHealth climbed following strong results, while data on the labor market and inflation soothed fears over the outlook for higher rates.\nThe technology sector jumped 2.3%, giving the S&P 500 its biggest boost, with shares of Microsoft Corp and Apple Inc rising.\nShares of Citigroup, $Bank of America Corp(BAC-N)$ and Morgan Stanley also gained after they topped quarterly earnings estimates. The rebounding economy allowed them to release more cash they had set aside for pandemic losses, while sizzling deals, equity financing and trading added to profits. The S&P bank index jumped 1.5%.\nAlso, UnitedHealth Group Inc climbed 4.2% after the health insurer reported results and raised its full-year adjusted profit forecast on strength from its Optum unit that manages drug benefits.\nAdding to optimism, data showed the number of Americans filing new claims for unemployment benefits last week fell close to a 19-month low, and a separate report showed producer prices eased in September.\nData from recent inflation reports suggested COVID-driven price increases may have peaked. Still, Federal Reserve policymakers remain divided over inflation and what to do about it.\n“Some of the things that worried the market in September, and even last week, as far as the inflation aspect and higher interest rates and the Delta variant, maybe have lessened,” said Alan Lancz, president, Alan B. Lancz & Associates Inc., an investment advisory firm, based in Toledo, Ohio.\n“Not that it’s all over, but on a temporary scale at least, you can make a case for it trending in the right direction.”\nThe Dow Jones Industrial Average rose 534.75 points, or 1.56%, to 34,912.56, the S&P 500 gained 74.46 points, or 1.71%, to 4,438.26 and the Nasdaq Composite added 251.8 points, or 1.73%, to 14,823.43.\nWhile the S&P 500 registered its biggest daily percentage gain since March 5, the Nasdaq notched its biggest since May 20 and the Dow its biggest since July 20.\nGains were broad-based, with all but one S&P 500 sector rising more than 1%.\nShares of Moderna Inc ended up 3.2% after a panel of expert advisers to the U.S. Food and Drug Administration voted to recommend booster shots of its COVID-19 vaccine for Americans aged 65 and older and those at high risk of severe illness.\nWalgreens Boots Alliance Inc jumped 7.4% after the drugstore chain reported fourth-quarter revenue and adjusted profit above estimates and forecast growth of 11% to 13% in the long term.\nU.S. companies are expected to report strong profit growth for the third quarter, but investors have been keen to hear what they say about rising costs, labor shortages and supply problems.\nAdvancing issues outnumbered declining ones on the NYSE by a 3.58-to-1 ratio; on Nasdaq, a 1.97-to-1 ratio favored advancers.\nThe S&P 500 posted 32 new 52-week highs and no new lows; the Nasdaq Composite recorded 82 new highs and 46 new lows.\nVolume on U.S. exchanges was 9.26 billion shares, compared with the 10.8 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":139,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":820288529,"gmtCreate":1633395449528,"gmtModify":1633395450481,"author":{"id":"3574922071165793","authorId":"3574922071165793","name":"Bossiwei","avatar":"https://static.tigerbbs.com/dfbc991d17c0826fbf583dc8682e96d3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/820288529","repostId":"2173992562","repostType":4,"isVote":1,"tweetType":1,"viewCount":15,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":820288326,"gmtCreate":1633395427250,"gmtModify":1633395427614,"author":{"id":"3574922071165793","authorId":"3574922071165793","name":"Bossiwei","avatar":"https://static.tigerbbs.com/dfbc991d17c0826fbf583dc8682e96d3","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/820288326","repostId":"2173991044","repostType":4,"repost":{"id":"2173991044","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1633392288,"share":"https://www.laohu8.com/m/news/2173991044?lang=&edition=full","pubTime":"2021-10-05 08:04","market":"us","language":"en","title":"Why a sudden spike in 10-year Treasury yields to around 1.5% shouldn't spook investors, says BlackRock","url":"https://stock-news.laohu8.com/highlight/detail?id=2173991044","media":"Dow Jones","summary":"MW Why a sudden spike in 10-year Treasury yields to around 1.5% shouldn't spook investors, says Blac","content":"<p>MW Why a sudden spike in 10-year Treasury yields to around 1.5% shouldn't spook investors, says BlackRock</p>\n<p>By Joy Wiltermuth</p>\n<p>'You can only turn the lights on once, so to speak,' says BlackRock team on the sharp U.S. economic reboot</p>\n<p>Treasury yields suddenly spiked off relatively low levels because the government debt market was \"overdue for a correction,\" says Jean Boivin's team at the BlackRock Investment Institute, while pointing to the quick nature of the U.S. economic restart from pandemic shutdowns.</p>\n<p>Bond prices fall as yields rise.</p>\n<p>Last week's rise of the 10-year Treasury yield to above 1.5% for the first time since June helped pressure embattled U.S. stocks, with the S&P 500 index registering the worst weekly percentage drop since late February.</p>\n<p>Despite the jolt, BlackRock's strategy team viewed the sharp rise in the 10-year rate as the market catching up with the COVID-19 economic recovery, rather than a reaction to a more \"hawkish pivot\" by central bankers.</p>\n<p>\"We had argued since the spring that yields were too low given the broadening restart and this would ultimately be corrected,\" Boivin et al wrote, in a Monday note.</p>\n<p>\"Back then it took weeks for yields to rise about 20 basis points to 1.50% level, and this time it only took a week--underscoring our view that markets may be catching up to the reality of the restart.\"</p>\n<p>The attached chart highlights how last week's 10-year yield spike was driven in large part by increased demand among investors for \"term premium,\" or compensation to hold longer-term government bonds, rather than a notable change in inflation expectations.</p>\n<p>The graphic also underscores how the term premium on 10-year government paper has been compressed for much of the past decade.</p>\n<p>\"We see this as a more benign adjustment, and view ongoing negative real yields and the broadening restart supporting risk assets,\" Boivin's team wrote, adding that even while bouts of volatility may be more likely going forward, \"higher term premia in this environment need not be bad news for equities.\"</p>\n<p>Risk-assets sold off Monday, as the fight in Washington, D.C. intensified over the U.S. debt-ceiling limit and a planned $3.5 trillion infrastructure spending package. President Joe Biden warned in a White House speech that \"a meteor is headed to crash into our economy,\" unless lawmakers raise the federal borrowing limit.</p>\n<p>Read: U.S. could be heading into an 'era' of high inflation that produces paltry, or even negative, real returns on safe assets, analyst warns</p>\n<p>The S&P 500's information technology and communications sectors both were down more than 2% in afternoon action, while the Dow Jones Industrials Average was off by about 1% and the Nasdaq Composite Index was 2.4% lower. The 10-year Treasury yield was near 1.488%, at last check.</p>\n<p>BlackRock's recommendation is \"broadly underweight\" government bonds, particularly longer maturities and overall \"pro-risk\" over the next six to 12 months, even with a \"narrowing path for risk assets to push higher,\" with peak U.S. growth momentum likely in the rearview mirror.</p>\n<p>\"You can only turn the lights back on once, so to speak,\" the team wrote.</p>\n<p>-Joy Wiltermuth</p>\n<p><a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires</p>\n<p>October 04, 2021 15:53 ET (19:53 GMT)</p>\n<p>Copyright (c) 2021 Dow Jones & Company, Inc.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why a sudden spike in 10-year Treasury yields to around 1.5% shouldn't spook investors, says BlackRock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy a sudden spike in 10-year Treasury yields to around 1.5% shouldn't spook investors, says BlackRock\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-10-05 08:04</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>MW Why a sudden spike in 10-year Treasury yields to around 1.5% shouldn't spook investors, says BlackRock</p>\n<p>By Joy Wiltermuth</p>\n<p>'You can only turn the lights on once, so to speak,' says BlackRock team on the sharp U.S. economic reboot</p>\n<p>Treasury yields suddenly spiked off relatively low levels because the government debt market was \"overdue for a correction,\" says Jean Boivin's team at the BlackRock Investment Institute, while pointing to the quick nature of the U.S. economic restart from pandemic shutdowns.</p>\n<p>Bond prices fall as yields rise.</p>\n<p>Last week's rise of the 10-year Treasury yield to above 1.5% for the first time since June helped pressure embattled U.S. stocks, with the S&P 500 index registering the worst weekly percentage drop since late February.</p>\n<p>Despite the jolt, BlackRock's strategy team viewed the sharp rise in the 10-year rate as the market catching up with the COVID-19 economic recovery, rather than a reaction to a more \"hawkish pivot\" by central bankers.</p>\n<p>\"We had argued since the spring that yields were too low given the broadening restart and this would ultimately be corrected,\" Boivin et al wrote, in a Monday note.</p>\n<p>\"Back then it took weeks for yields to rise about 20 basis points to 1.50% level, and this time it only took a week--underscoring our view that markets may be catching up to the reality of the restart.\"</p>\n<p>The attached chart highlights how last week's 10-year yield spike was driven in large part by increased demand among investors for \"term premium,\" or compensation to hold longer-term government bonds, rather than a notable change in inflation expectations.</p>\n<p>The graphic also underscores how the term premium on 10-year government paper has been compressed for much of the past decade.</p>\n<p>\"We see this as a more benign adjustment, and view ongoing negative real yields and the broadening restart supporting risk assets,\" Boivin's team wrote, adding that even while bouts of volatility may be more likely going forward, \"higher term premia in this environment need not be bad news for equities.\"</p>\n<p>Risk-assets sold off Monday, as the fight in Washington, D.C. intensified over the U.S. debt-ceiling limit and a planned $3.5 trillion infrastructure spending package. President Joe Biden warned in a White House speech that \"a meteor is headed to crash into our economy,\" unless lawmakers raise the federal borrowing limit.</p>\n<p>Read: U.S. could be heading into an 'era' of high inflation that produces paltry, or even negative, real returns on safe assets, analyst warns</p>\n<p>The S&P 500's information technology and communications sectors both were down more than 2% in afternoon action, while the Dow Jones Industrials Average was off by about 1% and the Nasdaq Composite Index was 2.4% lower. The 10-year Treasury yield was near 1.488%, at last check.</p>\n<p>BlackRock's recommendation is \"broadly underweight\" government bonds, particularly longer maturities and overall \"pro-risk\" over the next six to 12 months, even with a \"narrowing path for risk assets to push higher,\" with peak U.S. growth momentum likely in the rearview mirror.</p>\n<p>\"You can only turn the lights back on once, so to speak,\" the team wrote.</p>\n<p>-Joy Wiltermuth</p>\n<p><a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires</p>\n<p>October 04, 2021 15:53 ET (19:53 GMT)</p>\n<p>Copyright (c) 2021 Dow Jones & Company, Inc.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BLK":"贝莱德"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2173991044","content_text":"MW Why a sudden spike in 10-year Treasury yields to around 1.5% shouldn't spook investors, says BlackRock\nBy Joy Wiltermuth\n'You can only turn the lights on once, so to speak,' says BlackRock team on the sharp U.S. economic reboot\nTreasury yields suddenly spiked off relatively low levels because the government debt market was \"overdue for a correction,\" says Jean Boivin's team at the BlackRock Investment Institute, while pointing to the quick nature of the U.S. economic restart from pandemic shutdowns.\nBond prices fall as yields rise.\nLast week's rise of the 10-year Treasury yield to above 1.5% for the first time since June helped pressure embattled U.S. stocks, with the S&P 500 index registering the worst weekly percentage drop since late February.\nDespite the jolt, BlackRock's strategy team viewed the sharp rise in the 10-year rate as the market catching up with the COVID-19 economic recovery, rather than a reaction to a more \"hawkish pivot\" by central bankers.\n\"We had argued since the spring that yields were too low given the broadening restart and this would ultimately be corrected,\" Boivin et al wrote, in a Monday note.\n\"Back then it took weeks for yields to rise about 20 basis points to 1.50% level, and this time it only took a week--underscoring our view that markets may be catching up to the reality of the restart.\"\nThe attached chart highlights how last week's 10-year yield spike was driven in large part by increased demand among investors for \"term premium,\" or compensation to hold longer-term government bonds, rather than a notable change in inflation expectations.\nThe graphic also underscores how the term premium on 10-year government paper has been compressed for much of the past decade.\n\"We see this as a more benign adjustment, and view ongoing negative real yields and the broadening restart supporting risk assets,\" Boivin's team wrote, adding that even while bouts of volatility may be more likely going forward, \"higher term premia in this environment need not be bad news for equities.\"\nRisk-assets sold off Monday, as the fight in Washington, D.C. intensified over the U.S. debt-ceiling limit and a planned $3.5 trillion infrastructure spending package. President Joe Biden warned in a White House speech that \"a meteor is headed to crash into our economy,\" unless lawmakers raise the federal borrowing limit.\nRead: U.S. could be heading into an 'era' of high inflation that produces paltry, or even negative, real returns on safe assets, analyst warns\nThe S&P 500's information technology and communications sectors both were down more than 2% in afternoon action, while the Dow Jones Industrials Average was off by about 1% and the Nasdaq Composite Index was 2.4% lower. The 10-year Treasury yield was near 1.488%, at last check.\nBlackRock's recommendation is \"broadly underweight\" government bonds, particularly longer maturities and overall \"pro-risk\" over the next six to 12 months, even with a \"narrowing path for risk assets to push higher,\" with peak U.S. growth momentum likely in the rearview mirror.\n\"You can only turn the lights back on once, so to speak,\" the team wrote.\n-Joy Wiltermuth\n$(END)$ Dow Jones Newswires\nOctober 04, 2021 15:53 ET (19:53 GMT)\nCopyright (c) 2021 Dow Jones & Company, 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