U.S. Treasury Yields Rise: Following comments from Federal Reserve Chair Jerome Powell indicating that a December interest rate cut is uncertain, U.S. Treasury yields increased, with the 2-Year yield rising to 3.59% and the 10-Year yield to 4.05%.
Fed's Interest Rate Decision: The Federal Reserve's monetary policy committee cut interest rates by 25 basis points, but Powell's remarks about differing views on future cuts surprised traders and led to a sell-off in government bonds.
Market Reaction: Investors reacted to Powell's statement by selling off bonds, which caused yields to spike and equities to turn negative.
Treasury and Bond ETFs: A variety of Treasury and bond-focused ETFs were mentioned, highlighting options for investors looking to navigate the fixed-income market amidst changing interest rates.
Wall Street analysts forecast TLT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TLT is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast TLT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for TLT is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 87.310
Low
Averages
High
Current: 87.310
Low
Averages
High
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
