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- JinyuanJinyuan
  ·2021-11-23
  This is evidence that "whatever rocks your boat" in the investing community. Top estimates still find problem with the growth. Haiyoooo
  Zoom shares fell nearly 8% in premarket trading
  Zoom shares fell nearly 8% in premarket trading.Zoom Video Communications Inc's third-quarter revenu
  Zoom shares fell nearly 8% in premarket trading
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- JinyuanJinyuan
  ·2021-11-04
  To be honest, why are we benchmarking against analysts' estimates? I mean their revenue increased and that's good news. And with no debt, it's even better. Sighh
  Skillz stock fell more than 10% in premarket trading
  Skillz stock fell more than 10% in premarket trading after reporting Q3 results missed estimate.Skillz reported quarterly losses of $ per share which missed the analyst consensus estimate of $ by 14.29 percent. This is a 14.29 percent decrease over losses of $ per share from the same period last year. The company reported quarterly sales of $102.07 million which missed the analyst consensus estimate of $102.31 million by 0.23 percent. This is a 70.25 percent increase over sales of $59.95 million
  Skillz stock fell more than 10% in premarket trading
  479 评论
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- JinyuanJinyuan
  ·2021-03-19
  Like and comment plsYou can never understand human behavior. Bond yields are supposed to be stable but yet they soar [捂脸]
  The Fed is dovish but bond yields are soaring. What gives?
  10-year Treasury yield flirts with 1.75%Only a day after analysts had hailed the victory of the Fede
  The Fed is dovish but bond yields are soaring. What gives?
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Top estimates still find problem with the growth. Haiyoooo","listText":"This is evidence that \"whatever rocks your boat\" in the investing community. Top estimates still find problem with the growth. Haiyoooo","text":"This is evidence that \"whatever rocks your boat\" in the investing community. Top estimates still find problem with the growth. Haiyoooo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/875242456","repostId":"1116539537","repostType":4,"repost":{"id":"1116539537","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1637658012,"share":"https://www.laohu8.com/m/news/1116539537?lang=&edition=full","pubTime":"2021-11-23 17:00","market":"us","language":"en","title":"Zoom shares fell nearly 8% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1116539537","media":"Tiger Newspress","summary":"Zoom shares fell nearly 8% in premarket trading.Zoom Video Communications Inc's third-quarter revenu","content":"<p>Zoom&nbsp;shares&nbsp;fell&nbsp;nearly&nbsp;8%&nbsp;in&nbsp;premarket&nbsp;trading.<img src=\"https://static.tigerbbs.com/5aa290d34bdad161eb360bdb67b98b79\" tg-width=\"875\" tg-height=\"618\" referrerpolicy=\"no-referrer\">Zoom Video Communications Inc's&nbsp;third-quarter revenue growth rate slowed to 35% as demand for its video-conferencing tools eased from the pandemic-fueled heights last year.</p>\n<p>Investment bankers and analysts have warned that Zoom faces several hurdles in sustaining growth after its $14.7 billion bid to buy call center software firm Five9 Inc(FIVN.O)fell through.</p>\n<p>Still, Zoom reported an adjusted profit of $1.11 per share, beating Wall Street's estimates $1.09 per share, according to Refinitiv data.</p>\n<p>The company also forecast current-quarter revenue and earnings above expectations, and raised its full-year revenue estimate to around $4.08 billion from about $4.01 billion earlier.</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>Zoom shares fell nearly 8% in premarket trading</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\">\nZoom shares fell nearly 8% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-11-23 17:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Zoom&nbsp;shares&nbsp;fell&nbsp;nearly&nbsp;8%&nbsp;in&nbsp;premarket&nbsp;trading.<img src=\"https://static.tigerbbs.com/5aa290d34bdad161eb360bdb67b98b79\" tg-width=\"875\" tg-height=\"618\" referrerpolicy=\"no-referrer\">Zoom Video Communications Inc's&nbsp;third-quarter revenue growth rate slowed to 35% as demand for its video-conferencing tools eased from the pandemic-fueled heights last year.</p>\n<p>Investment bankers and analysts have warned that Zoom faces several hurdles in sustaining growth after its $14.7 billion bid to buy call center software firm Five9 Inc(FIVN.O)fell through.</p>\n<p>Still, Zoom reported an adjusted profit of $1.11 per share, beating Wall Street's estimates $1.09 per share, according to Refinitiv data.</p>\n<p>The company also forecast current-quarter revenue and earnings above expectations, and raised its full-year revenue estimate to around $4.08 billion from about $4.01 billion earlier.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZM":"Zoom"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116539537","content_text":"Zoom shares fell nearly 8% in premarket trading.Zoom Video Communications Inc's third-quarter revenue growth rate slowed to 35% as demand for its video-conferencing tools eased from the pandemic-fueled heights last year.\nInvestment bankers and analysts have warned that Zoom faces several hurdles in sustaining growth after its $14.7 billion bid to buy call center software firm Five9 Inc(FIVN.O)fell through.\nStill, Zoom reported an adjusted profit of $1.11 per share, beating Wall Street's estimates $1.09 per share, according to Refinitiv data.\nThe company also forecast current-quarter revenue and earnings above expectations, and raised its full-year revenue estimate to around $4.08 billion from about $4.01 billion earlier.","news_type":1},"isVote":1,"tweetType":1,"viewCount":432,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":848493160,"gmtCreate":1636017126179,"gmtModify":1636017126583,"author":{"id":"3574286103228100","authorId":"3574286103228100","name":"Jinyuan","avatar":"https://static.tigerbbs.com/b083889e4ac40197a5ea0a1dcc0193c4","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"To be honest, why are we benchmarking against analysts' estimates? I mean their revenue increased and that's good news. And with no debt, it's even better. Sighh","listText":"To be honest, why are we benchmarking against analysts' estimates? I mean their revenue increased and that's good news. And with no debt, it's even better. Sighh","text":"To be honest, why are we benchmarking against analysts' estimates? I mean their revenue increased and that's good news. And with no debt, it's even better. Sighh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/848493160","repostId":"1198972066","repostType":2,"repost":{"id":"1198972066","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1636013705,"share":"https://www.laohu8.com/m/news/1198972066?lang=&edition=full","pubTime":"2021-11-04 16:15","market":"us","language":"en","title":"Skillz stock fell more than 10% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1198972066","media":"Tiger Newspress","summary":"Skillz stock fell more than 10% in premarket trading after reporting Q3 results missed estimate.Skillz reported quarterly losses of $ per share which missed the analyst consensus estimate of $ by 14.29 percent. This is a 14.29 percent decrease over losses of $ per share from the same period last year. The company reported quarterly sales of $102.07 million which missed the analyst consensus estimate of $102.31 million by 0.23 percent. This is a 70.25 percent increase over sales of $59.95 million","content":"<p>Skillz stock fell more than 10% in premarket trading&nbsp;after&nbsp;reporting&nbsp;Q3 results&nbsp;missed estimate.</p>\n<p><img src=\"https://static.tigerbbs.com/f4afff75a232fac4a76ac89995bc0832\" tg-width=\"848\" tg-height=\"621\" width=\"100%\" height=\"auto\"></p>\n<p>Skillz&nbsp;reported quarterly losses of $(0.16) per share which missed the analyst consensus estimate of $(0.14) by 14.29 percent. This is a 14.29 percent decrease over losses of $(0.14) per share from the same period last year. The company reported quarterly sales of $102.07 million which missed the analyst consensus estimate of $102.31 million by 0.23 percent. This is a 70.25 percent increase over sales of $59.95 million the same period last year.</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>Skillz stock fell more than 10% in premarket trading</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\">\nSkillz stock fell more than 10% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-11-04 16:15</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Skillz stock fell more than 10% in premarket trading&nbsp;after&nbsp;reporting&nbsp;Q3 results&nbsp;missed estimate.</p>\n<p><img src=\"https://static.tigerbbs.com/f4afff75a232fac4a76ac89995bc0832\" tg-width=\"848\" tg-height=\"621\" width=\"100%\" height=\"auto\"></p>\n<p>Skillz&nbsp;reported quarterly losses of $(0.16) per share which missed the analyst consensus estimate of $(0.14) by 14.29 percent. This is a 14.29 percent decrease over losses of $(0.14) per share from the same period last year. The company reported quarterly sales of $102.07 million which missed the analyst consensus estimate of $102.31 million by 0.23 percent. This is a 70.25 percent increase over sales of $59.95 million the same period last year.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SKLZ":"Skillz Inc"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198972066","content_text":"Skillz stock fell more than 10% in premarket trading after reporting Q3 results missed estimate.\n\nSkillz reported quarterly losses of $(0.16) per share which missed the analyst consensus estimate of $(0.14) by 14.29 percent. This is a 14.29 percent decrease over losses of $(0.14) per share from the same period last year. The company reported quarterly sales of $102.07 million which missed the analyst consensus estimate of $102.31 million by 0.23 percent. This is a 70.25 percent increase over sales of $59.95 million the same period last year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":479,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":327427924,"gmtCreate":1616118792268,"gmtModify":1634527139231,"author":{"id":"3574286103228100","authorId":"3574286103228100","name":"Jinyuan","avatar":"https://static.tigerbbs.com/b083889e4ac40197a5ea0a1dcc0193c4","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like and comment plsYou can never understand human behavior. Bond yields are supposed to be stable but yet they soar [捂脸]&nbsp;","listText":"Like and comment plsYou can never understand human behavior. Bond yields are supposed to be stable but yet they soar [捂脸]&nbsp;","text":"Like and comment plsYou can never understand human behavior. Bond yields are supposed to be stable but yet they soar [捂脸]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/327427924","repostId":"1104563102","repostType":4,"repost":{"id":"1104563102","pubTimestamp":1616116184,"share":"https://www.laohu8.com/m/news/1104563102?lang=&edition=full","pubTime":"2021-03-19 09:09","market":"us","language":"en","title":"The Fed is dovish but bond yields are soaring. What gives?","url":"https://stock-news.laohu8.com/highlight/detail?id=1104563102","media":"MarketWatch","summary":"10-year Treasury yield flirts with 1.75%Only a day after analysts had hailed the victory of the Fede","content":"<p>10-year Treasury yield flirts with 1.75%</p><p>Only a day after analysts had hailed the victory of the Federal Reserve over traders doubting the central bank’s pledge to keep monetary policy easy for an extended period, bond yields rose sharply on Thursday.</p><p>The 10-year Treasury note yield&nbsp;was up nearly 10 basis points to around 1.74%, around its highest level since January 2020. Meanwhile, the 30-year bond yield&nbsp;was knocking on the door of 2.5%, near its loftiest level since mid-2019. Bond prices move inversely to yields.</p><p>Investors are now scrambling to understand what has prompted the renewed volatility in a Treasury market that appeared to have calmed down after Wednesday’s Fed meeting.</p><p>Here are some of the theories being thrown around:</p><p><b>Average Inflation Targeting</b></p><p>After the meeting, market participants said Powell’s dovish messaging was, in fact, responsible for higher long-term yields.</p><p>At the postmeeting news-conference, Powell underlined the central bank would stick to its new framework of average inflation targeting, which would in theory only see the central bank contemplate less accommodative policy if inflation managed a sustained overshoot of 2%.</p><p>By confirming the Fed’s willingness to stand pat, even if inflation saw a temporary surge beyond 2%, investors may be raising the probability the economy will run hot in the next few years without having to worry about the central bank pulling away the market’s punchbowl. In that scenario, long-term bond yields would have little protection against the risk of an inflationary surge.</p><p>“This new inflation framework is destined for a steeper yield curve,” said Matthew Miskin, co-chief investment strategist at John Hancock Investment Management, in an interview, referring to the spread between short-term and long-term yields.</p><p>Yet markets were sending mixed messages. Break-even rates that show inflation expectations among holders of Treasury inflation-protected securities indicated investors did not see price pressures persisting over the longer term.</p><p>The 5-year break-even rate&nbsp;was around 30 basis points higher&nbsp;than the 10-year break-even rate.</p><p>“The market is pricing in transitory inflation,” said Frank Rybinski, chief macro strategist at Aegon Asset Management, in an interview.</p><p><b>Credibility</b></p><p>Amid the Treasury-market selloff, the sharpest rises were seen among medium-term maturities like the 5-year note&nbsp;and 7-year note.</p><p>As a proxy for interest-rate expectations over the next few years, their surge could also have suggested investors may be doubting the central bank’s pledge to keep policy accommodative for a sustained stretch of time.</p><p>After all, analysts remarked there was only so much the central bank could do to fight investors’ tendency to look ahead.</p><p>Given the enormous uncertainty around inflation and economic growth as the economy fully reopens and stimulus makes its way into households’ pockets, it was difficult to know where Fed policy would be in a year’s time when the growth and inflation outlook was just as murky.</p><p>“This cycle is so much, so fast, and so soon. A lot of things are getting distorted,” said Rybinski.</p><p><b>Big in Japan?</b></p><p>Yet for all the speculation around whether the Fed was the trigger for the Treasury selloff on Thursday, some analysts were looking abroad for answers.</p><p>“Global central banks came out overnight with a more hawkish stance,” said Miskin.</p><p>The Bank of Japan&nbsp;during its two-day meeting was looking to adjust its yield-curve control policy where it keeps long-term interest rates capped but allows them to trade in a tight range, according to a report from Japanese financial newspaper Nikkei.</p><p>The BOJ’s measures would allow the 10-year Japanese government bond yield to move in a range between 0.25% and negative 0.25%, compared with the current range of 0.20% and negative 0.20%.</p><p>BofA Global strategists said the tweak would allow “further back-end steepening of the [Japanese government bond] curve, alleviating some of the pressure on financial institutions, and making the&nbsp;BoJ’s&nbsp;easing program more sustainable in the long run.</p><p>Soon after the report, the 10-year Japanese government bond yield&nbsp;jumped, moving from an intraday low of 0.085% to a high of 0.122%. The 10-year has since steadied at 0.107%, according to Tradeweb data.</p><p>As an anchor of bond yields across the world, analysts said rising rates in Japan can be amplified into broader weakness in Europe and U.S. bonds as Japanese investors reassess the gains from holding domestic debt over their overseas peers.</p><p>Meanwhile, the jump in Treasury yields was blamed forrenewed pressure on growth-oriented stocks, which stand to suffer most from higher rates due to lofty valuations. The tech-heavy Nasdaq Composite&nbsp;slumped more than 3% in Thursday trade, while the more cyclically oriented Dow Jones Industrial Average and the S&amp;P 500&nbsp;saw a modest pullback.</p>","source":"market_watch","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>The Fed is dovish but bond yields are soaring. What gives?</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\">\nThe Fed is dovish but bond yields are soaring. What gives?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-19 09:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/the-fed-is-dovish-but-bond-yields-are-soaring-what-gives-11616089693?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>10-year Treasury yield flirts with 1.75%Only a day after analysts had hailed the victory of the Federal Reserve over traders doubting the central bank’s pledge to keep monetary policy easy for an ...</p>\n\n<a href=\"https://www.marketwatch.com/story/the-fed-is-dovish-but-bond-yields-are-soaring-what-gives-11616089693?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/the-fed-is-dovish-but-bond-yields-are-soaring-what-gives-11616089693?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1104563102","content_text":"10-year Treasury yield flirts with 1.75%Only a day after analysts had hailed the victory of the Federal Reserve over traders doubting the central bank’s pledge to keep monetary policy easy for an extended period, bond yields rose sharply on Thursday.The 10-year Treasury note yield was up nearly 10 basis points to around 1.74%, around its highest level since January 2020. Meanwhile, the 30-year bond yield was knocking on the door of 2.5%, near its loftiest level since mid-2019. Bond prices move inversely to yields.Investors are now scrambling to understand what has prompted the renewed volatility in a Treasury market that appeared to have calmed down after Wednesday’s Fed meeting.Here are some of the theories being thrown around:Average Inflation TargetingAfter the meeting, market participants said Powell’s dovish messaging was, in fact, responsible for higher long-term yields.At the postmeeting news-conference, Powell underlined the central bank would stick to its new framework of average inflation targeting, which would in theory only see the central bank contemplate less accommodative policy if inflation managed a sustained overshoot of 2%.By confirming the Fed’s willingness to stand pat, even if inflation saw a temporary surge beyond 2%, investors may be raising the probability the economy will run hot in the next few years without having to worry about the central bank pulling away the market’s punchbowl. In that scenario, long-term bond yields would have little protection against the risk of an inflationary surge.“This new inflation framework is destined for a steeper yield curve,” said Matthew Miskin, co-chief investment strategist at John Hancock Investment Management, in an interview, referring to the spread between short-term and long-term yields.Yet markets were sending mixed messages. Break-even rates that show inflation expectations among holders of Treasury inflation-protected securities indicated investors did not see price pressures persisting over the longer term.The 5-year break-even rate was around 30 basis points higher than the 10-year break-even rate.“The market is pricing in transitory inflation,” said Frank Rybinski, chief macro strategist at Aegon Asset Management, in an interview.CredibilityAmid the Treasury-market selloff, the sharpest rises were seen among medium-term maturities like the 5-year note and 7-year note.As a proxy for interest-rate expectations over the next few years, their surge could also have suggested investors may be doubting the central bank’s pledge to keep policy accommodative for a sustained stretch of time.After all, analysts remarked there was only so much the central bank could do to fight investors’ tendency to look ahead.Given the enormous uncertainty around inflation and economic growth as the economy fully reopens and stimulus makes its way into households’ pockets, it was difficult to know where Fed policy would be in a year’s time when the growth and inflation outlook was just as murky.“This cycle is so much, so fast, and so soon. A lot of things are getting distorted,” said Rybinski.Big in Japan?Yet for all the speculation around whether the Fed was the trigger for the Treasury selloff on Thursday, some analysts were looking abroad for answers.“Global central banks came out overnight with a more hawkish stance,” said Miskin.The Bank of Japan during its two-day meeting was looking to adjust its yield-curve control policy where it keeps long-term interest rates capped but allows them to trade in a tight range, according to a report from Japanese financial newspaper Nikkei.The BOJ’s measures would allow the 10-year Japanese government bond yield to move in a range between 0.25% and negative 0.25%, compared with the current range of 0.20% and negative 0.20%.BofA Global strategists said the tweak would allow “further back-end steepening of the [Japanese government bond] curve, alleviating some of the pressure on financial institutions, and making the BoJ’s easing program more sustainable in the long run.Soon after the report, the 10-year Japanese government bond yield jumped, moving from an intraday low of 0.085% to a high of 0.122%. The 10-year has since steadied at 0.107%, according to Tradeweb data.As an anchor of bond yields across the world, analysts said rising rates in Japan can be amplified into broader weakness in Europe and U.S. bonds as Japanese investors reassess the gains from holding domestic debt over their overseas peers.Meanwhile, the jump in Treasury yields was blamed forrenewed pressure on growth-oriented stocks, which stand to suffer most from higher rates due to lofty valuations. The tech-heavy Nasdaq Composite slumped more than 3% in Thursday trade, while the more cyclically oriented Dow Jones Industrial Average and the S&P 500 saw a modest pullback.","news_type":1},"isVote":1,"tweetType":1,"viewCount":382,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"defaultTab":"followers","isTTM":false}