US Treasury prices slipped on Friday and yields jumped as investors sold out of government bonds and looked to move back into stock markets. The yield on the benchmark 10-year Treasury note surged 11 basis points to 2,929%. The yield on the 30-year Treasury bond climbed 12 basis points to 3,092%. Yields move inversely to … Read more
Goldman Sachs says it’s too early for "recession obsession."
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures sink in what would add to Tuesday’s drop on Fed worries Traders on the floor of the NYSE, March 31, 2022. Source: NYSE US stock futures dropped Wednesday as investors await more insight into what … Read more
SINGAPORE – Hong Kong’s Hang Seng index led gains among major Asia-Pacific markets on Monday as Chinese tech stocks in the city jumped. In morning trade, the Hang Seng index gained 1.42% as shares of Tencent surged 2.06%. Other Chinese tech stocks also rose, with Alibaba up 2.83% while NetEase soared 4.43%. The city’s chief … Read more
A key part of the Treasury yields inverted on Friday, stoking fears that a recession could be in the cards, after jobs data caused short-term rates to jump. The benchmark 10-year Treasury note was up more than 5 basis points at 2.382%, and the rate on the 2-year US government bond surged 16 basis points … Read more
Stocks absorbed another bearish event in stride in the inverted yield curve occurrence last week.
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, March 29, 2022. Brendan Mcdermid | Reuters The stock market is heading into what promises to be a volatile second quarter, but April is traditionally the best month of the year for stocks. The major indices were higher … Read more
The 2-year and 10-year Treasury yields inverted for the first time since 2019 on Thursday, sending a possible warning signal that a recession could be on the horizon. The bond market phenomenon means the rate of the 2-year note is now higher than the 10-year note yield. This part of the yield curve is the … Read more
US 5-year and 30-year Treasury yields on Monday inverted for the first time since 2006, raising fears of a possible recession. The yield on the 5-year Treasury note rose 6 basis points to 2.6361% at 5:30 am ET, while the 30-year yield was down less than 1 basis point to 2.6004%. The 2-year yield jumped … Read more
The S&P 500 is up almost 10% from its recent low from the days before the Fed lifted rates a quarter-percent on March 16.