Analysis-Falling bond yields leave China's central bank facing tough call [Yahoo! Finance]
![Yahoo! Finance](../../../Content/images/providers/Yahoo! Finance.png)
First Citizens BancShares, Inc. - Class A (FCNCA)
US:NASDAQ Investor Relations:
firstcitizens.com/about/who-we-are/annual-report
Company Research
Source: Yahoo! Finance
financial stability risks it sees in a rallying bond market as it runs counter to its view of the economy by depicting a long-term outlook of soft growth and low inflation. The People's Bank of China, which has pledged to add treasury bond trading to its monetary policy toolkit, has issued repeated warnings against plummeting yields in long-dated government bonds, but has failed to reverse the trend. Pressure is growing on the PBOC to back statements with action - meaning it would be forced to end a 17-year absence from the bond market by selling. Due to its small war chest, some traders and investors say it could even short-trade treasuries by borrowing to sell. But the central bank appears to be caught between a rock and a hard place. For starters, such operations would withdraw liquidity from the system at a time when most analysts say the economy could do with more support to safeguard its path towards China's 2024 growth target of around 5%. But doing nothing also impli
Show less
Read more
Impact Snapshot
Event Time:
FCNCA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FCNCA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FCNCA alerts
High impacting First Citizens BancShares, Inc. - Class A news events
Weekly update
A roundup of the hottest topics
FCNCA
News
- Brex's compliance head has left the fintech startup to join Andreessen Horowitz as a partner [TechCrunch]TechCrunch
- 2nd Annual CBC Summit to Bring Together 125+ Crypto Banking and Compliance Leaders and Regulators in Washington, D.C. [Yahoo! Finance]Yahoo! Finance
- Norinchukin Sends Warning to World on Higher-for-Longer Rates [Yahoo! Finance Canada]Yahoo! Finance Canada
- Norinchukin Sends Warning to World on Higher-for-Longer Rates [Yahoo! Finance]Yahoo! Finance
- Norinchukin Sends Warning to World on Higher-for-Longer Rates [BNN Bloomberg (Canada)]BNN Bloomberg
FCNCA
Earnings
- 4/25/24 - Beat
FCNCA
Sec Filings
- 6/12/24 - Form 4
- 6/7/24 - Form SC
- 6/4/24 - Form 4
- FCNCA's page on the SEC website