Geopolitics Alpha

Fed’s Waller Backs December Rate Hike, Says Open to Larger Move

Published . Updated .

Key takeaways

  • Fed’s Waller Backs December Rate Hike, Open to Larger Move Bloomberg.com
  • Exposed: TLT, IEF, JPM, BAC, DHI
  • Market reaction: price tracking starts with the next trading session.

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GEOPOLITICS ALPHAFed’s Waller Backs December RateHike, Says Open to Larger MoveGEOPOLITICS ALPHA

Fed’s Waller Backs December Rate Hike, Open to Larger Move Bloomberg.com

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

  • IEF iShares 7-10 Year Treasury Bond ETF-1.2% 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.

  • JPM JPMorgan Chase+0.1% 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-11.4% 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+8.0% 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-1.07%-0.05%baseafter closeafter closeafter closeafter close
IEF-0.68%+0.21%baseafter closeafter closeafter closeafter close
JPM-1.14%-1.31%baseafter closeafter closeafter closeafter close
BAC-1.83%-1.53%baseafter closeafter closeafter closeafter close
DHI-6.68%+1.29%baseafter closeafter closeafter closeafter close
SCHW-3.73%-0.15%baseafter closeafter 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.

Fed’s Waller Backs December Rate Hike, Says Open to Larger Move Bloomberg.com

Source: Bloomberg

How far Ishares Tr (TLT) has moved since 10 Nov 2026

CompanyWhenMoveStatus
Bank Of America (BAC)three days earlier-1.53%final price
Bank Of America (BAC)five days earlier-1.83%final price
Horton D R (DHI)three days earlier+1.29%final price
Horton D R (DHI)five days earlier-6.68%final price
Ishares Tr (IEF)three days earlier+0.21%final price
Ishares Tr (IEF)five days earlier-0.68%final price
Jpmorgan Chase (JPM)three days earlier-1.31%final price
Jpmorgan Chase (JPM)five days earlier-1.14%final price
Schwab Charles (SCHW)three days earlier-0.15%final price
Schwab Charles (SCHW)five days earlier-3.73%final price
Ishares Tr (TLT)three days earlier-0.05%final price
Ishares Tr (TLT)five days earlier-1.07%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 tied to this story

  • TLT Ishares Tr

    In “Fed’s Waller Backs December Rate Hike, Says Open to Larger Move,” Ishares Tr (TLT) is linked, with no stored direction, medium confidence. Reason on file: 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 Tr

    In “Fed’s Waller Backs December Rate Hike, Says Open to Larger Move,” Ishares Tr (IEF) is linked, with no stored direction, medium confidence. Reason on file: iShares 7-10 Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story

  • JPM Jpmorgan Chase

    In “Fed’s Waller Backs December Rate Hike, Says Open to Larger Move,” 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 “fed” (US interest rates) in this story

  • BAC Bank Of America

    Bank Of America (BAC) is linked, with no stored direction, medium confidence in the 10 Nov 2026 story “Fed’s Waller Backs December Rate Hike, Says Open to Larger Move.” Reason on file: Bank of America (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story

  • DHI Horton D R

    For “Fed’s Waller Backs December Rate Hike, Says Open to Larger Move,” 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 “fed” (US interest rates) in this story

  • SCHW Schwab Charles

    In “Fed’s Waller Backs December Rate Hike, Says Open to Larger Move,” Schwab Charles (SCHW) is linked, with no stored direction, medium confidence. Reason on file: 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

Ishares Tr (TLT)

On 10 Nov 2026, “Fed’s Waller Backs December Rate Hike, Says Open to Larger Move” is the story that connects Ishares Tr (TLT) to this story.

The link for Ishares Tr (TLT) is this: iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story

A second company, Ishares Tr (IEF), is listed for a different reason: iShares 7-10 Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story

Dates and price levels for Ishares Tr (TLT)

IEF traded between 88.64 and 90.69 across 16 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 80.56 across 16 sessions. The latest close on file is 79.46.

A simple score for Ishares Tr (TLT)

46 out of 100

“Fed’s Waller Backs December Rate Hike, Says Open to Larger Move” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.