Geopolitics Alpha

Fed holds interest rates steady as auto loan costs stay high

Published . Updated .

GEOPOLITICS ALPHAFed holds interest rates steady asauto loan costs stay highGEOPOLITICS ALPHA

This report is about US interest rates and banks.

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 “fed” (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 “fed” (US interest rates) in this story.

  • XLF Financial Select Sector SPDR-3.5% 30d

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

  • CARZ First Trust S-Network Future Vehicles & Technology ETF

    First Trust S-Network Future Vehicles & Technology ETF: it holds carmakers and parts makers. Linked by “auto” (autos) in this story.

  • JPM JPMorgan Chase-3.8% 30d

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

  • BAC Bank of America-12.5% 30d

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

  • DHI D.R. Horton+5.5% 30d

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

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TLT+0.89%+0.83%baseafter closeafter closeafter closeafter close
IEF+0.39%+0.29%baseafter closeafter closeafter closeafter close
XLF+0.96%-0.14%baseafter closeafter closeafter closeafter close
CARZNo price data for this ticker———————
JPM-0.85%-1.58%baseafter closeafter closeafter closeafter close
BAC+0.41%-0.65%baseafter closeafter closeafter closeafter close
DHINo price data for this ticker———————
SCHWNo 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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Fed holds interest rates steady as auto loan costs stay high CBT News

Source: CBT News

This story

CompanyWhenMoveStatus
BACthree days earlier-0.65%final price
BACfive days earlier+0.41%final price
IEFthree days earlier+0.29%final price
IEFfive days earlier+0.39%final price
JPMthree days earlier-1.58%final price
JPMfive days earlier-0.85%final price
TLTthree days earlier+0.83%final price
TLTfive days earlier+0.89%final price
XLFthree days earlier-0.14%final price
XLFfive days earlier+0.96%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).

How solid “Fed holds interest rates steady as auto loan costs stay high” looks

12 out of 100

“Fed holds interest rates steady as auto loan costs stay high” scores 12 out of 100. The score uses 1 sources.