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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.
Indexes closed lower on Thursday, dragged by tech stocks after the latest inflation report came in warmer than expected. Nvidia shares lost more than 1%, while Adobe stock fell almost 14% on a ...
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 bond market sold off Monday in response, and the 10-year Treasury yield jumped 11 basis points to hover at 4.2% on Tuesday. On Tuesday. That marks the key bond yield's highest level in three ...
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.
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.
This month's deepening bond sell-off also comes as a reaction to hawkish signals from the Federal Reserve. Though the central bank cut interest rates last week, it indicated diminished chances of ...
Stock market news today: Stocks close mixed, end week with losses. Dani Romero. February 10, 2023 at 4:11 PM. ... Meanwhile, low liquidity in the market pushed a move in bonds, as the bond market ...