Geopolitics Alpha

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

Published . Updated .

GEOPOLITICS ALPHAThe cost of money itself is on theballot as voters struggle withpricey car loans, mortgages and…GEOPOLITICS ALPHA

Interest rates aren’t expected to decline anytime soon, as the Federal Reserve holds 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-3.8% 30d

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

  • XLRE Real Estate Select Sector SPDR-1.9% 30d

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

  • JPM JPMorgan Chase-2.8% 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-12.5% 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-6.4% 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%after closeafter closeafter close
IEF+0.42%+0.33%base+0.47%after closeafter closeafter close
XLF+0.96%-0.14%base+1.38%after closeafter closeafter close
XLRENo price data for this ticker———————
JPM-0.81%-1.54%base+1.13%after closeafter closeafter close
BAC+0.41%-0.65%base+0.79%after closeafter 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 holds steady on Wednesday.

Source: MarketWatch

This story

CompanyWhenMoveStatus
BACthat day+0.79%final price
BACthree days earlier-0.65%final price
BACfive days earlier+0.41%final price
IEFthat day+0.47%final price
IEFthree days earlier+0.33%final price
IEFfive days earlier+0.42%final price
JPMthat day+1.13%final price
JPMthree days earlier-1.54%final price
JPMfive days earlier-0.81%final price
TLTthat day+0.66%final price
TLTthree days earlier+0.83%final price
TLTfive days earlier+0.89%final price
XLFthat day+1.38%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

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