Today is Tuesday, April 21 and there is big news surrounding US oil prices as they drop below zero amid the coronavirus crisis and the market falls in response. We are also reading that the 10 year treasury yield has hit its lowest level since March, the Senate is set to pass another small business loan bill today. See these articles and others relating to college 529 plans and ways for couples to work together to protect there finances below.
U.S. stocks fell sharply once again on Tuesday as oil prices continued their unprecedented wipeout.
Treasury yields fell on Tuesday as a stunning drop in oil prices raised concern about the global economy. The U.S. 10-year rate fell to 0.55%, hitting its lowest level since March. The 2-year yield traded at 0.189% while the 30-year bond yielded 1.129%. Yields move inversely to prices.
Senate Minority Leader Chuck Schumer said Tuesday he believes the Senate will pass an additional relief bill for small businesses later in the day.
As the coronavirus pandemic proves financially devastating, many Americans are trading long-term goals for short-term security. That leaves 529 college savings plans in jeopardy.
If you and your partner are worried about the impact the coronavirus pandemic may have on your job security or finances, it’s a good idea to start working together now to shore up the stability of your household. To help you get started, here are five tips from financial experts on what to do now to protect yourselves going forward.