Sam Goldfarb

New York

Reporter at The Wall Street Journal

credit reporter for @WSJ focusing on corporate debt

Articles

How One of the Wildest Weeks in Market History Unfolded

1 week ago | wsj.com | Ryan Dezember |Sam Goldfarb

All three major stocks indexes rose 5% or more this weekThe biggest one-day rally since the financial crisis. The most volatile stretch since the Covid meltdown. A bond selloff that sent yields surging. A steep slide in the dollar. And rattled investors driving gold to new records. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved.
Treasurys Show Tentative Signs of Stability

1 week ago | wsj.com | Sam Goldfarb

A tumultuous week in the bond market looks to be ending in modestly positive fashion, with some signs of demand emerging for the long-term bonds that have been at the center of recent selling pressure. In recent trading, the yield on the 30-year U.S. Treasury bond was 4.877%, according to Tradeweb, down about 0.1 percentage point from earlier in the session. Yields, which move in the opposite direction of bond prices, have risen more today on Treasurys that mature in 2 to 7 years.
Treasury Selloff Extends, 10-Year Yield Tops 4.5%

1 week ago | wsj.com | Sam Goldfarb

Yields on longer-term Treasurys are climbing again Friday morning, extending a move that has raised alarms on Wall Street and in the White House this week. The yield on the benchmark 10-year U.S. Treasury note was recently topped 4.5%, according to Tradeweb, up from 4.392% in Thursday afternoon trading. Yields, which rise when bond prices fall, were choppy overnight but started rising again at the start of U.S. trading.
Investors Are Embracing the Moment

1 week ago | wsj.com | Sam Goldfarb

Investors are buying stocks first, asking questions later in the wake of President Trump’s tariff-pause announcement. Taking a step back, there is still a lot for investors to be concerned about. Trump is pausing, not repealing, most tariffs, and he is only raising them higher on Chinese imports. Uncertainty about tariff policy, which could cause its own drag on economic growth, is set to persist.
Bonds Get Boost After Data Shows Inflation Cooling

2 weeks ago | wsj.com | Sam Goldfarb

Yields, which fall when bond prices climb, have dropped the most on shorter-term notes, which are more sensitive to changes in interest-rates set by the Federal Reserve. Cooler inflation would make it easier for the Fed to cut rates if the central bank is worried about slowing economic growth. or Subscribe to get unlimited access to articles. $1 per Week View Subscription options
Treasury Yields Fall After Strong 30-Year Bond Auction

2 weeks ago | wsj.com | Sam Goldfarb

U.S. government bond yields are down after a $22 billion auction of 30-year Treasurys met with solid demand from investors. Treasurys have sold off sharply this week amid worries that President Trump’s tariffs could lead to weaker foreign demand for U.S. debt. The 30-year auction had been seen as another test of the overall appetite for Treasurys after a generally successful auction of 10-year notes Wednesday. Yields of Treasurys fall when their prices rise.
Treasury Yields Rise Further Following Surprise Surge

2 weeks ago | wsj.com | Sam Goldfarb

As Tuesday trading gets under way, bond investors are still picking up the pieces from the previous day, when yields surged for reasons many had trouble explaining. The yield on the 10-year note jumped 0.17 percentage points Monday to about 4.16%, and it climbed even more relative to intraday lows. With more time to digest the move, market watchers now have a better explanation: There was likely a wave of selling from traders looking to book profits, after a big recent rally.
Tariff Pause Boosts Longer-Term Treasurys After Selloff

2 weeks ago | wsj.com | Sam Goldfarb

President Trump’s announcement of a tariff delay has immediately turned the bond market upside down. Longer-term yields, which had been surging based on generalized fear about the fallout from tariffs, are now down. Yields on short-term notes, which had been relatively stable, have shot higher–reflecting a sharp decline in the prices of the bonds. The reason: investors now don’t feel like they have to hide out in short-term Treasurys, which are less vulnerable to price swings than longer-term debt.
Bond Rout Stirs Broader Fears About Market Strains

2 weeks ago | wsj.com | Gregory Zuckerman |Sam Goldfarb

First it was stocks. Now, it is bonds and the dollar. As President Trump imposed tariffs on nearly 100 countries, investors dumped Treasurys and the greenback, further threatening the U.S. economy while adding strains to international markets in ways reminiscent of the most extreme crises, like the 2020 Covid meltdown.
Intensifying Treasurys Selloff Stirs Fears

2 weeks ago | wsj.com | Sam Goldfarb

An aggressive selloff in longer-term U.S. Treasurys suggests virtually no investment is safe, as President Trump’s sweeping new tariffs go into effect. In early U.S. trading, the yield on the benchmark 10-year note topped 4.47%. That was up from 4.26% Tuesday afternoon and less than 4% at the end of last week. The yield on the 30-year bond rose even more, topping 4.9%. It briefly hit 5% overnight.