Find public news by keyword, exact ticker, category and date.
Open a ticker page for its news coverage. The news search below stays a text search.
4 results loaded, newest first. End of these results.
Treasury yields reversed early declines and rose as September durable goods orders increased 1.8%, slightly more than expected, driven by transportation equipment. Markets await tomorrow’s Fed decision; the FOMC is expected to hold rates steady.
Longer-dated US Treasury yields rose after stronger-than-expected durable goods data reinforced inflation worries and rate-hike expectations. The 30-year yield hit 5.5319%, its highest since 2004, while the 10-year reached 5.2297%, highest since 2007.
The 30-year yield hit a fresh 22-year high, while traders raised odds of another Fed hike in October.
U.S. stocks look set for a positive opening on Friday, with futures of the Dow Jones, S&P 500 and Nasdaq Composite rising, after closing Thursday on a mixed note. Contributing to the optimism are comments from Iranian Foreign Minister Abbas Araghchi, who proposed to reopen the Strait of Hormuz and resume talks on a nuc