Markets today: Treasury yields surge as jobs spark rethink on FedSouth African Leftist EFF Rejects Governing With Pro-Business DARussia Refrains From Rate Hike Even as War Economy OverheatsSurprise Tax Change Upends Trading in Crop Powerhouse BrazilAramco Sale Set to Raise at Least $11.
2 Billion for Saudi ArabiaChile Prices Rise More Than Forecast Before Key Rate DecisionPhoenix to Sizzle in 110F as Heat Continues to Grip Southwest USUltra-Rich Families Fuel $20 Billion Private Equity Buyout WaveChina’s PBOC Halts Gold Purchases After Price Hits RecordLong-Range EVs Now Cost Less Than the Average New Car in the USHedge Funds Andurand and Rokos Took Big Copper Bets Before SpikeVolkswagen Says Power Shortages Hinder South African ExpansionPutin’s Wartime Central Banker Tells...
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Markets today: Stocks slide as weak treasury sale lifts U.S. yieldsA slide in bonds dragged down stocks as another weak sale of Treasuries raised concern about swelling supply that could keep driving yields up at a time when the Federal Reserve is in no rush to cut rates.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Markets today: Treasury yields spike after pair of weak U.S. salesStocks wavered after a rally that drove the market toward its best month in 2024, with traders weighing economic data and remarks from Federal Reserve speakers that will help shape the outlook for interest rates.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Asian Stocks Poised to Fall; Treasury Yields Sink: Markets WrapAsian shares are set to dip on Tuesday, following a listless US session where the main focus was the bond market’s sudden climb after weak data bolstered bets the Federal Reserve will cut interest rates this year.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Markets today: Stocks and bonds gain as PCE bolsters fed-cut betsStock futures rose and bond yields fell as a cooldown in the U.S. Federal Reserve’s preferred inflation gauge reinforced bets policymakers will have room to cut rates this year.
Source: BNNBloomberg - 🏆 83. / 50 Read more »