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Investors have pared back gains after Thursday's mixed jobless claims data, which sent the 10-year Treasury yield above 4.6% and reached a seven-month high. The rate fell back modestly on Friday.
In commodities, bonds, and crypto: West Texas Intermediate crude oil dipped 1% to $71.03 a barrel. Brent crude , the international benchmark, was lower by 1.01% to $75.27 a barrel.
The 10-year Treasury bond jumped six basis points to 4.332%. PPI showed wholesale prices rose 0.4% last month, the Bureau of Labor Statistics said Thursday. The data came in higher than consensus ...
10 YR BOND. 4.473-0.31%. GBP/USD. 1.2378689 ... CBS News 10 minutes ago ... These charts track the prices consumers are paying for groceries and other goods now compared to the cost five years ago ...
U.S. stocks wobbled Friday, closing a volatile session with mixed results while all three indexes ended the week with losses for the first time this year. The S&P 500 ( ^GSPC ) added 0.2% ...
Stock market news today: Stocks fall, bond yields rise. Dani Romero. March 28, 2023 at 4:08 PM. ... The yield on the benchmark 10-year U.S. Treasury note moved to about 3.56% on Tuesday. On front ...
In commodities, bonds, and crypto: West Texas Intermediate crude oil rose 0.9% to $74.25 a barrel. Brent crude , the international benchmark, was up 1% to $77.04 a barrel.
Bond yields soared after the Fed's summary of economic projections and Powell's remarks indicated just two rate cuts in 2025. The 10-year Treasury yield spiked 10 basis points to 4.49%.