Stock Market Today: Treasury yields extend spike with stocks at 4-month lows

  • 📰 startelegram
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

France Nouvelles Nouvelles

With Treasury yields rising, and market volatility gauges surging, stocks are set for another rough ride Wednesday with ADP jobs data in focus.

U.S. equity futures extended declines Wednesday, with the Dow slipping further into negative territory for the year, as a surge in Treasury bond yields continues to hammer global markets amid renewed inflation concerns.

A tight labor market, alongside a resilient domestic economy, has rekindled inflation concerns and lifted Treasury bond yields to the highest levels in more than sixteen years. Benchmark 10-year notes held at 4.812% in overnight trading, with 2-year paper pegged at 5.144%, while 30-year bonds crept towards the 5% mark, at 4.934%, a level that could trigger historic losses for fixed income portfolios and further selling on Wall Street.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 248. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stock Market Today: Dow ends lower on rising Treasury yields as US averts shutdown By Investing.comStock Market Today: Dow ends lower on rising Treasury yields as US averts shutdown
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Stock market likely to correct if 10-year Treasury yield reaches 5%, RBC saysThe 10-year Treasury yield's recent push above 4.3% is aborting an upswing for stocks that began year ago, says Robert Sluymer, technical strategist at RBC...
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

Stock Market Today: Bond Selloff Weighs on Dow FuturesLive coverage of what's moving stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite
La source: WSJ - 🏆 98. / 63 Lire la suite »

Stock market today: Asian shares are sharply lower, tracking a rates-driven tumble on Wall StreetAsian markets are trading sharply lower after Wall Street tumbled as it focused on the...
La source: SFGate - 🏆 534. / 51 Lire la suite »

Stock market today: Asian shares are sharply lower, tracking a rates-driven tumble on Wall StreetAsian markets are trading sharply lower after Wall Street tumbled as it focused on the downside of a surprisingly strong job market: the likelihood that interest rates will stay high.
La source: AP - 🏆 728. / 51 Lire la suite »

Stock Market Today: What to WatchISM Non-Manufacturing Index is due at 10 a.m. ET
La source: WSJ - 🏆 98. / 63 Lire la suite »