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- India 10 year bond yield may rise to 7 . 6 % as US Treasury yields remain elevated : SBI Research
On October 14, the US 10-year Treasury yield spiked intraday above 5.32% after higher-than-expected inflation data revived expectations of further Fed tightening, then eased to around 5.19%. SBI Research said global bond yields could edge higher as investors weigh inflation and monetary policy, with the upcoming FOMC meeting a key event. The India-US 10-year yield spread narrowed to about 220 basis points, well below its 25-year average of around 408 basis points. The report projects India's 10-year yield could rise to 7.6%, though this is not a confirmed outcome, and calls for clearer taxation rules on government securities and external commercial borrowings (ECBs).
- 10-year Treasury yield rises following hot inflation data: AlphaCheck
Stocks were mixed on Wednesday as banks kept reporting earnings, while a hotter-than-expected inflation reading pushed long-dated bond yields higher. The 10-year Treasury yield rose 9 basis points to 5.30%, and oil stayed elevated after higher energy costs lifted prices in September. Brent crude hovered near $105 per barrel and WTI near $95. In early trading, the tech sector (XLK) fell as chip stocks extended losses, led by Micron and SK Hynix after a sharp global sell-off, with Nvidia and AMD also lower. Financial services (XLF) declined following reports involving Bank of America and BlackRock.
- Social Security 2027 Cost-of-Living Adjustment (COLA) Is 3.6%. Here's How That Compares With Today's Best High-Yield Savings Rates
Social Security benefits will rise 3.6% beginning in January 2027, lifting the typical retiree's monthly benefit of just over $2,033 by about $75. That is the largest cost-of-living adjustment since 2022's 8.7%, although the article notes the COLA is based on CPI-W, which may not fully reflect the higher healthcare costs tracked by CPI-E for Americans aged 62 and up. Because beneficiaries will want their payments to stay liquid yet earn a decent yield, the article compares options: SoFi Technologies pays 4.2% on its savings account, in line with E*TRADE from Morgan Stanley, while Go2bank offers up to 4.5% on balances of up to $5,000 and Axos ONE offers up to 5% for six months for new customers. It also cautions that online savings money may take at least a one-day turnaround to become spendable cash, though transfers between accounts can often be done online in a day, and readers should check the fine print.
- Social Security 2027 Cost - of - Living Adjustment ( COLA ) Is 3 . 6 %. Here How That Compares With Today Best High - Yield Savings Rates .
Social Security's 2027 cost-of-living adjustment (COLA) is 3.6%, raising the typical retiree's monthly benefit of just over $2,033 by about $75 starting in January, the biggest COLA since 2022's 8.7%. The article suggests this may still not cover retirees' costs, since the CPI-E, which tracks Americans aged 62 and up, often shows higher healthcare expenses than the CPI-W used for the COLA. It suggests beneficiaries park these payments in flexible, liquid accounts that still earn a decent yield, such as brokerage money market funds or online savings accounts. Examples cited include SoFi at 4.2%, Go2bank up to 4.5% on up to $5,000, and Axos ONE up to 5% for six months for new customers. Online savings money may take at least a day to become spendable cash.
- Social Security's 2027 Cost-of-Living Adjustment (COLA) Is 3.6%. Here's How That Compares With Today's Best High-Yield Savings Rates.
Social Security benefits will rise 3.6% starting in early 2027 to offset inflation over the past 12 months, adding about $75 to the typical retiree's monthly benefit of just over $2,033. This is the largest adjustment since 2022's 8.7%. The article argues that the CPI-E, which tracks Americans aged 62 and up, often shows higher healthcare costs than the CPI-W used for COLA, so recipients should place payments in accounts that are both liquid and higher-yielding, such as money market funds or online savings accounts. Examples cited include SoFi at 4.2%, E*TRADE from Morgan Stanley at a similar rate, Go2bank at up to 4.5% on up to $5,000, and Axos ONE at up to 5% for six months for new customers. The trade-off is that online savings may take at least a day to become spendable cash.
- Mortgage Rates Hit 7 . 4 %, a Nearly 3 - Year High . A Retiree Trading His 3 % Mortgage for a Smaller Loan Could Pay $466 More a Month
Freddie Mac reported that the average rate on a 30-year mortgage reached 7.4% on October 8, the highest in nearly three years. The article illustrates that a retiree moving from a $300,000 loan at 3% to a $250,000 loan at 7.4% would pay about $466 more per month, or nearly $5,600 a year. The projected 3.5% Social Security COLA for 2027 would add only about $70 to a $2,000 monthly benefit, which is not enough to cover the difference. Other costs, such as property taxes, insurance, association fees, selling costs and extra taxable IRA withdrawals of $4,800 a year, can further strain the budget. The article suggests comparing full monthly costs, realistic sale proceeds, and alternatives such as a larger down payment, paying cash, or staying put to keep a low rate.
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U.S. spot bitcoin ETFs took in $526.6 million on Monday, the largest daily net inflow in nearly a month, driven entirely by BlackRock's iShares Bitcoin Trust (IBIT), which pulled in $665.2 million, its biggest daily inflow since Oct. 7 last year, according to SoSoValue data. Fidelity's FBTC lost $83.6 million and Grayscale's GBTC shed $54.9 million, while the remaining funds recorded no net flows. The inflow more than erased last week's $228.5 million of withdrawals, but funds remain about $90.5 million in net outflows for October, according to CoinDesk calculations. Ether funds moved the opposite way, losing $103.3 million in their fourth consecutive session of outflows, with BlackRock's ETHA accounting for $95.4 million of that.
- A Big4 bank cut deposit rates in the morning, then raised them again in the afternoon
VietinBank cut its deposit rates for terms of 6 months and longer on the morning of Oct. 20, then restored them to pre-adjustment levels by the afternoon. Its afternoon rate board showed 3.5% per year for 6 to under 12 months, 5.9% for 12 to under 24 months and 6% for 24 months and longer, versus 3%, 5.4% and 5.5% in the morning. Rates for terms under 6 months stayed unchanged, including 2.1% for 1 to under 3 months and 2.4% for 3 to under 6 months. The move came as banks followed the State Bank of Vietnam's guidance to cut deposit rates by at least 0.5 percentage points for terms of 6 months and longer, and Vietcombank and Agribank were among those reducing rates.
- IVV vs. SPY: Which S&P 500 ETF Is the Better Buy for Long-Term Investors?
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- Warren Buffett Is Issuing a Stark Warning About the Stock Market. Here's What History Says Comes Next.
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- Early Uber Investor Jason Calacanis Predicts Waymo Could Buy Lucid Or Rivian — Calls Its Chinese-Car Optics ‘Really Bad’
Early Uber investor Jason Calacanis predicts Waymo will buy Lucid Group (LCID) or Rivian Automotive (RIVN), arguing that its reliance on Chinese-made Zeekr vehicles creates cost and reputational problems. He says the arrangement is technically not illegal today, but Waymo would need to pay a tariff of over 100%, and it has drawn national-security concerns on Capitol Hill. According to Semafor, Waymo aims to grow its fleet from about 4,000 vehicles to 8,000 by the end of 2026 and 20,000 by the end of 2027, after closing a $5 billion term loan and a $16 billion equity raise this year. Uber has committed to buying at least 35,000 Lucid vehicles, while its Rivian deal starts with 10,000 autonomous R2 SUVs, with rides expected to begin in 2028. Calacanis, who recently bought small stakes in Lucid, Rivian, WeRide (WRD) and Pony.ai (PONY), expects consolidation in the autonomous-driving sector within 24 months.
- Prediction: Oct. 21 Will Be a Huge Day for the Stock Market
The article predicts October 21 could be a pivotal day for the stock market, as Meta Platforms (META) becomes the first of the "Magnificent Seven" tech giants to report third-quarter earnings after the close. In its latest quarter, Meta's total revenue rose 28% to $60 billion, with ad revenue at $59 billion. Investors will be watching whether its capital spending, now about 35% of revenue, is translating into growth. Meta's report could hint at the earnings outlook for other tech giants and set the direction for the S&P 500 in the coming days, with the first trading session after the report on Thursday.
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