Bonds Hit Two-Month High Ahead of Inflation Data
Bonds wrapped up the week at an almost two-month high after recovering from a dip following modest inflation figures last week. The benchmark 10-year Treasury yields hit 4.195%, their highest level since January 25, while two-year notes hit 4.499%; the highest level since December...
Bonds Rally, Stocks Pause Following Further Inflation Data
Bonds rose and equity futures stagnated on Wednesday following a fresh batch of inflation data that showed that producer prices fell more than expected in November. Treasury yields fell four basis points to 3.89%, while Germany's 10-year yield also fell by four basis points...
Stocks Recover After Treasury Yield Passes 5%
Stocks on the New York Stock Exchange largely recovered on Monday after the benchmark 10-year Treasury yield rose above 5% momentarily before retreating. The Dow Jones Industrial Average slipped below its flatline, while the S&P 500 gained 0.2% and the Nasdaq Composite rose by...
Stocks Fall Amid Weak Earnings and Rising Yields
Global stocks declined on Thursday as Treasury yields continue to rise and weak corporate earnings dissuade investors. Futures on the S&P 500 and Nasdaq 100 edged lower by 0.1% as did those on the Dow Jones Industrial Average. In Europe, the Stoxx 600 index...
Oil and Treasury Yields Surge as Israel-Hamas Conflict Intensifies
Oil and treasury yields are surging as signs indicate that the fighting between Israel and Hamas is set to intensify. Brent crude rose by 3%; its largest weekly gain since April, while the 10-year Treasury yield dropped eight basis points to 4.61%. West Texas...
Wall Street Stocks Recover After Bond Sell-Off
Stocks in New York rose on Wednesday after an accelerating bond sell-off came to a recess. The Dow Jones Industrial Average rose by 0.3% after going into the red on Tuesday while the S&P 500 was up 0.6%. The tech-heavy Nasdaq Composite advanced by...