Geopolitics Alpha

Barkin sees interest rate hikes ahead, but at a gradual pace

Published . Updated .

Key takeaways

  • In a CNBC interview, the policymaker expressed concern over inflation and said monetary policy will need to adjust.
  • Exposed: TLT, IEF, JPM, BAC, DHI
  • Market reaction: IEF +0.4% on the day; TLT +0.2% on the day; JPM −4.3% on the day

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Barkin sees interest rate hikes ahead, but at a gradual pace

In a CNBC interview, the policymaker expressed concern over inflation and said monetary policy will need to adjust.

Directly affected

  • No company is named in this report.

Indirectly affected

  • TLT iShares 20+ Year Treasury Bond ETF-2.8% 30d

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

  • IEF iShares 7-10 Year Treasury Bond ETF-1.3% 30d

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

  • TIP iShares TIPS Bond ETF-0.4% 30d

    iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.

  • JPM JPMorgan Chase+0.1% 30d

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

  • BAC Bank of America-11.4% 30d

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

  • DHI D.R. Horton+11.9% 30d

    D.R. Horton (operative builders): rate changes move lenders' margins and borrowers' demand. Linked by “rate hike” (US interest rates) in this story.

  • SCHW The Charles Schwab

    The Charles Schwab (security brokers, dealers and flotation companies): rate changes move lenders' margins and borrowers' demand. Linked by “rate hike” (US interest rates) in this story.

  • WMT Walmart+20.2% 30d

    Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TLT-0.35%-0.05%base+0.18%after closeafter closeafter close
IEF-0.44%-0.16%base+0.38%after closeafter closeafter close
TIP+0.35%+0.29%base+0.26%after closeafter closeafter close
JPM-2.45%-3.27%base-4.29%after closeafter closeafter close
BAC-0.95%-4.00%base-3.07%after closeafter closeafter close
DHI-6.73%-2.62%base+0.36%after closeafter closeafter close
SCHW-4.17%-4.96%base-0.84%after closeafter closeafter close
WMT-6.18%-1.18%base-0.62%after closeafter closeafter close

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.

Barkin sees interest rate hikes ahead, but at a gradual pace CNBC

Source: CNBC

Ishares Tr (TLT) since this story, compared with the market

CompanyWhenMoveStatus
Bank Of America (BAC)that day-3.07%final price
Bank Of America (BAC)three days earlier-4.00%final price
Bank Of America (BAC)five days earlier-0.95%final price
Horton D R (DHI)that day+0.36%final price
Horton D R (DHI)three days earlier-2.62%final price
Horton D R (DHI)five days earlier-6.73%final price
Ishares Tr (IEF)that day+0.38%final price
Ishares Tr (IEF)three days earlier-0.16%final price
Ishares Tr (IEF)five days earlier-0.44%final price
Jpmorgan Chase (JPM)that day-4.29%final price
Jpmorgan Chase (JPM)three days earlier-3.27%final price
Jpmorgan Chase (JPM)five days earlier-2.45%final price
Schwab Charles (SCHW)that day-0.84%final price
Schwab Charles (SCHW)three days earlier-4.96%final price
Schwab Charles (SCHW)five days earlier-4.17%final price
TIPthat day+0.26%final price
TIPthree days earlier+0.29%final price
TIPfive days earlier+0.35%final price
Ishares Tr (TLT)that day+0.18%final price
Ishares Tr (TLT)three days earlier-0.05%final price
Ishares Tr (TLT)five days earlier-0.35%final price
WMTthat day-0.62%final price
WMTthree days earlier-1.18%final price
WMTfive days earlier-6.18%final price

Trades by members of Congress and officials 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).

Who gains and who loses around Ishares Tr (TLT)

Companies mentioned with this story

  • TLT Ishares Tr

    Ishares Tr (TLT) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “Barkin sees interest rate hikes ahead, but at a gradual pace.” Reason on file: iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “rate hike” (US interest rates) in this story

  • IEF Ishares Tr

    Ishares Tr (IEF) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “Barkin sees interest rate hikes ahead, but at a gradual pace.” Reason on file: iShares 7-10 Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “rate hike” (US interest rates) in this story

  • JPM Jpmorgan Chase

    In “Barkin sees interest rate hikes ahead, but at a gradual pace,” Jpmorgan Chase (JPM) is linked, with no stored direction, medium confidence. Reason on file: JPMorgan Chase (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “rate hike” (US interest rates) in this story

  • BAC Bank Of America

    In “Barkin sees interest rate hikes ahead, but at a gradual pace,” Bank Of America (BAC) is linked, with no stored direction, medium confidence. Reason on file: Bank of America (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “rate hike” (US interest rates) in this story

  • DHI Horton D R

    In “Barkin sees interest rate hikes ahead, but at a gradual pace,” Horton D R (DHI) is linked, with no stored direction, medium confidence. Reason on file: D.R. Horton (operative builders): rate changes move lenders' margins and borrowers' demand. Linked by “rate hike” (US interest rates) in this story

  • SCHW Schwab Charles

    Schwab Charles (SCHW) is linked, with no stored direction, medium confidence in the 5 Nov 2026 story “Barkin sees interest rate hikes ahead, but at a gradual pace.” Reason on file: The Charles Schwab (security brokers, dealers and flotation companies): rate changes move lenders' margins and borrowers' demand. Linked by “rate hike” (US interest rates) in this story

How “Barkin sees interest rate hikes ahead, but at a gradual pace” reaches Ishares Tr (TLT)

“Barkin sees interest rate hikes ahead, but at a gradual pace” (5 Nov 2026) reaches Ishares Tr (TLT) through this story.

Ishares Tr (TLT) is on the page because iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “rate hike” (US interest rates) in this story

Also listed, Ishares Tr (IEF): iShares 7-10 Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “rate hike” (US interest rates) in this story

Dates and price levels for Ishares Tr (TLT)

IEF traded between 88.64 and 91.23 across 20 sessions. The latest close on file is 90.08. JPM traded between 325.12 and 345.73 across 20 sessions. The latest close on file is 338.00. TLT traded between 76.44 and 81.94 across 20 sessions. The latest close on file is 79.46.

A simple score for Ishares Tr (TLT)

46 out of 100

“Barkin sees interest rate hikes ahead, but at a gradual pace” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.