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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. Investors are still watching ...
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.
In commodities, bonds, and crypto: West Texas Intermediate crude oil rose 3.95% to $80.56 a barrel. Brent crude , the international benchmark, edged up 0.59% to $82.51 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%.
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 ...
U.S. stocks wavered on Tuesday during midday trading, while bond yields continued to extend gains as investors monitored the latest developments in the banking sector after the sale of Silicon ...
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 ...
Meanwhile, low liquidity in the market pushed a move in bonds, as the bond market is repricing higher terminal rates and fewer rate cuts in second half of 2023 after last week's hot jobs report ...