Global bond yields slip lower before expected Fed rate hike
Two-year Treasury yield fell to 4.614% from Tuesday’s 4.661% settlement, while the 10-year moved to 4.957% from 4.995%.
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10-Year Yield Tops 5%, Oil Storms Past $105: Stock Market Today
The U.S. 10-year Treasury yield broke above 5% on Tuesday, and crude oil stormed past $105 a barrel, a combination that left every major U.S. equity index in the red at midday. President Donald Trump said on Truth Social that “the world’s diesel price rise is mostly caused by the Russia/Ukraine War, not Iran.” West Tex
U.S. stock futures mixed as investors await August PPI
Dow and S&P 500 futures edged higher while Nasdaq 100 futures slipped ahead of the August PPI report. The 10-year Treasury yield was 4.85% and the two-year yield was 4.43%; FedWatch put a 60.2% chance on a September rate hike.