Tag: Treasury

Last week, the markets rallied on the Department of the Treasury’s announcement that they will need to borrow less than previously estimated and Fed Chair Powell’s comments following their second straight pause on interest rates. The S&P 500 saw its best week in almost a year, gaining 5.88%. Bonds also rallied on the week, gaining 1.99%. Last week’s market action exemplified why long-term investors should stay invested. After almost three months of negative stock and bond ...