Previous Close | 3.8180 |
Open | 3.8500 |
Volume |
Day's Range | 3.8220 - 3.8670 |
52 Week Range | 3.3450 - 4.9970 |
Avg. Volume | 0 |
(Bloomberg) -- It’s been the ultimate no-brainer for more than a year: Park your money in super-safe Treasury bills, earn yields of more than 5%, rinse and repeat. Or as billionaire bond investor Jeffrey Gundlach put it last October, “T-bill and chill.”Most Read from BloombergNazi Bunker’s Leafy Makeover Turns Ugly Past Into Urban EyecatcherSydney Central Train Station Is Now an Architectural DestinationChicago Overcomes DNC Skeptics With Calm, Parties and SunHow the Corti?os of S?o Paulo Helped
Attention in the short term will shift to earnings as chip maker Nvidia reports this week. Dow Jones Industrial Average futures were up 61 points, or 0.1%. S&P 500 futures were gaining 0.1% and Nasdaq 100 futures were falling less than 0.1%.
Federal Reserve Chair Jerome Powell on Friday signaled a willingness to cut interest rates, which will likely push mortgage rates down in the near term, economists say.