Tag: Treasury yields
Bloated Wall Street Bulls Are Cashing Out of Markets En Masse
With Treasury yields breaking out, Federal Reserve hawks ascendant and Middle East strife flaring, money has just been pulled out of equities and junk bonds [Read more about this post…]
Traders favour two Fed rate cuts in 2024 with the first expected by Sept
Traders’ conviction on three quarter-point interest-rate cuts from the Federal Reserve this year is quickly dissipating, with markets now favoring just two reductions. ALSO READ: Wall [Read more about this post…]
Dow, S&P close lower as manufacturing data lifts yields
The Dow and S&P 500 edged lower on Monday, dragged down by investor worries over the timing of interest rate cuts by the Federal Reserve [Read more about this post…]
Yields and dollar jump, stocks rally on blowout US jobs report
Treasury yields jumped, the dollar surged and world equities rallied on Friday after a blowout U.S. jobs report scuttled any lingering expectations of a near-term [Read more about this post…]
US Market: Wall Street rises on strong GDP data, S&P 500 sets a new record
US Market News: Thursday saw gains in most US stock as a result of the most recent indication that the economy is still far better than [Read more about this post…]