Stocks Open Higher, Bonds Down On Tax Plan

Stocks are heading higher in early trading while bonds are falling as investors weigh a tax cut proposal backed by President Barack Obama and Republicans in Congress.

Topics:  president barack obama   republicans   congress   stocks   higher   bonds   tax   
BING NEWS:
  • It's been a brutal start to the year for the bond market
    The US bond market is off to a tough start in 2025. This has been reflected in spiking yields, which trade inverse to the price of bonds. On Friday, US Treasury yields surged to their highest level ...
    01/10/2025 - 4:19 am | View Link
  • This Tax-Free 7.8% Dividend Could Soar In 2025
    Jerome Powell’s recent “hawkish cut” is set to light a fire under high-yielding (and tax-free!) municipal bonds.
    01/8/2025 - 12:29 am | View Link
  • Higher yields create 'better-than-typical' entry point for January reinvestment capital
    "These opportunities will surface periodically throughout the year against heavy supply and the increasingly uncertain path for the Fed, evolving fiscal policy, and volatile Treasury market backdrop," ...
    01/6/2025 - 12:19 pm | View Link
  • My 30-year I bonds are maturing in 2025 and I’m worried about US federal income tax consequences — is there any way to limit my bill?
    In fact, you may be reporting so much interest that you get pushed into a higher marginal tax bracket. You're right to be thinking about the big tax bill you're going to face when your I bonds mature, ...
    12/26/2024 - 12:21 am | View Link
  • Wall Street banks see gains ahead for stocks and bonds
    But they admit that Trump’s arrival in the White House next month and how he implements plans such as trade tariffs and tax cuts will ... sustain and maybe even go higher,” said Bankim Chadha ...
    12/21/2024 - 11:00 am | View Link
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