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Here's what else happened today: Here's why the bond market is throwing a tantrum that could tank stocks. 4 parts of everyday life where Americans will feel surging bond yields.
ISM data, released earlier today, showed quicker-than-expected growth in the U.S. services sector last month, while the latest JOLTs report showed job openings stabilized in November after a ...
The US stock market boom has boosted the wealth of the world's billionaires to $14 trillion, UBS says. In commodities, bonds, and crypto: West Texas Intermediate crude inched lower to $68.46 a barrel.
In the bond market, the yield on the 10-year Treasury rose to 4.27% from 4.23% late Tuesday. The two-year Treasury yield, which more closely tracks expectations for the Fed, edged up to 4.15% from ...
Indexes trade mixed on Thursday ahead of Friday's November jobs report. The data is expected to show the US economy added 214,000 new hires. Traders digested comments from Fed members and cheered ...
Market sentiment is usually considered as a contrarian indicator: what most people expect is a good thing to bet against. Market sentiment is used because it is believed to be a good predictor of market moves, especially when it is more extreme. [2] Very bearish sentiment is usually followed by the market going up more than normal, and vice ...
Stocks pulled back Friday morning as bond yields reached higher. Mixed initial jobless claims data sent the 10-year Treasury yield to a seven-month high on Thursday.
The Fed chairman Benjamin Bernanke said in October 2006 that there was currently a "substantial correction" going on in the housing market and that the decline of residential housing construction was one of the "major drags that is causing the economy to slow"; he predicted that the correcting market would decrease U.S. economic growth by about ...