nonfarm payrolls, unemployment, Fed, recession

The 10-year Treasury yield rose on Friday on the back of a stronger-than-expected jobs report for July. At about 4:10 pm ET, the yield on the 10-year Treasury bond was up to 2.83%, and the yield on the 30-year Treasury bond was up 10 basis points and trading at 3.068%. Meanwhile, the 2-year was up … Read more

10-year Treasury yield holds at 3%

The 10-year US Treasury yield hovered at the 3% mark on Tuesday morning, while the 10-year German bund hit 1% for the first time since 2015, amid expectations around interest rate hikes. The yield on the US 10-year Treasury note benchmark rose less than a basis point to 3.0045% at 4:15 am ET. The yield … Read more

Treasury yields rise following Powell rate hike remarks

The 5-year US Treasury yield topped 3% on Friday, after Federal Reserve Chairman Jerome Powell’s suggestion that a 50-basis-point rate hike could be in the cards in May. The yield on the 5-year Treasury note was last down 4 basis points to 2,937%. Earlier in the day it climbed as high as 3.05% and was … Read more

Treasury yields fall with inflation data in focus

US Treasury yields fell early on Thursday, with investors focused on a new batch of economic data and the war in Ukraine. The yield on the 10-year Treasury note benchmark fell nearly 4 basis points to 2,322% at 8:40 am ET. The yield on the 30-year Treasury bond moved down 2 basis points to 2,454%. … Read more

Evergrande electric car unit shares plunge more than 10%

SINGAPORE — Shares in Asia-Pacific were mixed in Wednesday trade as investors watch for developments surrounding the war in Ukraine. Hong Kong’s Hang Seng index jumped 1.3% in early trade shares of Chinese tech giant Tencent gained more than 2%. Hong Kong-listed shares of embattled developer Evergrande’s electric vehicle unit dropped more than 10% after … Read more

Stock futures rise as Dow and S&P 500 aim for 4-day winning streak

Stock futures rose Tuesday morning, putting the major averages on track to build on the previous session’s gains, as traders awaited key economic data. Futures on the Dow Jones Industrial Average rose 139 points, or 0.4%. S&P 500 futures were up 0.5%, while Nasdaq 100 futures climbed 0.6%. Consumer confidence and home price data to … Read more

Stocks could take their cue from oil, inflation and interest rates in the week ahead

Traders on the floor of the NYSE, Feb. 24, 2022. Source: NYSE March’s employment report is coming up in the week ahead, but developments in Ukraine, the price of oil and an inflation report are likely to steer the market. Stocks notched gains for the week, while interest rates ripped higher and oil prices jumped. … Read more