Equity index futures fell as 10-Year yields surged to 4.7%.
Equity index futures fell sharply as rising interest rates and heavy tech selling weighed on markets, with the 10-Year Treasury yield reaching 4.7%. Meanwhile, initial jobless claims dropped to 187,000, marking the lowest level since 1969 and highlighting labor market resilience. In equity derivatives, put options volume surged, accounting for roughly 70% of overall E-mini S&P 500 futures activity. In crypto markets, Bitcoin traded under $65,000 as lawmakers in Washington circulated a new draft of the Clarity Act market structure bill. Scott Bauer discusses.
Equity index futures fell sharply as rising interest rates and heavy tech selling weighed on markets, with the 10-Year Treasury yield reaching 4.7%.
Meanwhile, initial jobless claims dropped to 187,000, marking the lowest level since 1969 and highlighting labor market resilience.
In equity derivatives, put options volume surged, accounting for roughly 70% of overall E-mini S&P 500 futures activity.
In crypto markets, Bitcoin traded under $65,000 as lawmakers in Washington circulated a new draft of the Clarity Act market structure bill.
Scott Bauer discusses.