U.S. equities tumbled lower and closed in the red as the tech selloff continued
U.S. equities tumbled lower and closed in the red as the tech selloff continued
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U.S. equities tumbled lower and closed in the red as the tech selloff continued
Stocks have resumed their rally while bond-market volatility and Treasury yields remain elevated, creating a widening gap between equity and fixed-income risk signals. The piece argues the divergence may matter for how investors price near-term risk.
Regional markets were mixed, with Japan's Nikkei 225 up 1.30% and the benchmark US 10-year Treasury yield last at 5.165%. Spot gold was up 0.1% at $4,282.98 an ounce.
Global stocks were little changed, while Japanese government bond yields climbed to historic levels and US Treasury yields edged lower. Gold rose and Brent crude eased, with traders still pricing in further Federal Reserve rate hikes.
Global equity markets experienced a mixed session on Friday, with gains on Wall Street partially offsetting losses in Europe. Bond yields continued to climb, with US 10-year Treasury yields topping 5%, while currency markets saw the dollar strengthen against the yen. Spot gold and Brent crude prices showed modest movem