Geopolitics Alpha

As voters struggle with pricey car loans, mortgages and credit-card debt, the cost of money itself is on the ballot

Published . Updated .

GEOPOLITICS ALPHAAs voters struggle with pricey carloans, mortgages and credit-carddebt, the cost of money itself is…GEOPOLITICS ALPHA

Interest rates aren’t expected to decline anytime soon, as the Federal Reserve held rates steady on Wednesday

Directly affected

  • No company is named in this report.

Indirectly affected

  • TLT iShares 20+ Year Treasury Bond ETF-1.8% 30d

    iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “debt” (US interest rates) in this story.

  • IEF iShares 7-10 Year Treasury Bond ETF-0.9% 30d

    iShares 7-10 Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “debt” (US interest rates) in this story.

  • XLF Financial Select Sector SPDR-3.5% 30d

    Financial Select Sector SPDR: it holds banks. Linked by “credit” (banks) in this story.

  • XLRE Real Estate Select Sector SPDR+1.3% 30d

    Real Estate Select Sector SPDR: it holds property and homebuilding stocks. Linked by “mortgage” (real estate) in this story.

  • JPM JPMorgan Chase-4.3% 30d

    JPMorgan Chase (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “debt” (US interest rates) in this story.

  • BAC Bank of America-11.1% 30d

    Bank of America (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “debt” (US interest rates) in this story.

  • WFC Wells Fargo-3.6% 30d

    Wells Fargo (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “credit” (banks) in this story.

  • C Citigroup-9.2% 30d

    Citigroup (national commercial banks): banks' earnings move with lending, deposits and rates. Linked by “credit” (banks) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TLT+0.89%+0.83%base+0.66%+1.04%after closeafter close
IEF+0.39%+0.29%base+0.47%+0.99%after closeafter close
XLF+0.96%-0.14%base+1.38%+0.73%after closeafter close
XLRENo price data for this ticker———————
JPM-0.85%-1.58%base+1.13%-0.67%after closeafter close
BAC+0.41%-0.65%base+0.79%-1.71%after closeafter close
WFCNo price data for this ticker———————
CNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

Market Call

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Interest rates aren’t expected to decline anytime soon, as the Federal Reserve held rates steady on Wednesday

Source: MarketWatch

This story

CompanyWhenMoveStatus
BACthat day+0.79%final price
BACthe next day-1.71%final price
BACthree days earlier-0.65%final price
BACfive days earlier+0.41%final price
IEFthat day+0.47%final price
IEFthe next day+0.99%final price
IEFthree days earlier+0.29%final price
IEFfive days earlier+0.39%final price
JPMthat day+1.13%final price
JPMthe next day-0.67%final price
JPMthree days earlier-1.58%final price
JPMfive days earlier-0.85%final price
TLTthat day+0.66%final price
TLTthe next day+1.04%final price
TLTthree days earlier+0.83%final price
TLTfive days earlier+0.89%final price
XLFthat day+1.38%final price
XLFthe next day+0.73%final price
XLFthree days earlier-0.14%final price
XLFfive days earlier+0.96%final price

Congressional trades in the stocks in this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

This story

12 out of 100

“As voters struggle with pricey car loans, mortgages and credit-card debt, the cost of money itself is on the ballot” scores 12 out of 100. The score uses 1 sources.