Global equities traded in record territory amid renewed enthusiasm over rapid advancements in artificial intelligence. Yields were little changed on the week, with the US 10-year Treasury note unchanged at 4.31%. The price of a barrel of West Texas Intermediate crude oil fell $0.60 to $76.90 from a week ago while volatility, as measured by…
Read The ArticlePlease Note: I will be away from the office from August 9th, returning August 28th. We will resume our weekly commentary on the markets upon my return. At the close of business last Friday, global equities were lower on the week amid a spike in long-term interest rates. The yield on the US 10-year note…
At the close of business last Friday, global equities were higher on the week after a flurry of central bank meetings and data showing that core inflation continues to cool. The yield on the US 10-year note rose 17 basis points to 3.99% from a week ago while the price of a barrel of West…
At the close of business last Friday, global equities were higher on the week but off their best levels after a few weaker-than-forecast tech earnings reports. The yield on the US 10-year note firmed five basis points from a week ago to 3.82% while the price of a barrel of West Texas Intermediate crude oil…
At the close of business last Friday, global equities rallied on the week after a drop in the US inflation rate spurred speculation that the peak of the US Federal Reserve’s tightening cycle could come after an additional hike late this month. As a result, the yield on The US 10-year note fell to 3.77%…
At the close of business last Friday, global equities were lower on the week amid a sharp backup in global bond yields. The yield on the US 10-year note rose to 4.04% from 3.81% a week ago. The price of a barrel of West Texas Intermediate crude oil increased $2.65 to $72.10. Volatility, as measured…
At the close of business last Friday, global equities moved higher on the week amid diminishing fears of a US economic slowdown. From a week ago, the yield on the US 10-year Treasury note gained 10 basis points, rising to 3.81%, while the price of a barrel of West Texas Intermediate crude oil rose $2.50…
At the close of business last Friday, global equities were lower on the week amid hawkish central bank action. After soft purchasing managers’ data were released on Friday, a large rally in German bunds dragged the yield on the US 10-year note lower, to 3.71% from 3.77% a week ago. The PMI data helped contribute…
At the close of business last Friday, global equities had the strongest weekly performance in months, led by US technology stocks. The yield on the US 10-year Treasury was flat at 3.77% despite a midweek spike relating to the US Federal Reserve meeting. The price of a barrel of West Texas Intermediate crude oil slipped…
At the close of business last Friday, global equities were slightly lower on the week. The yield on the US 10-year note rose to 3.76%, a gain of nine basis points, while the price of a barrel of West Texas Intermediate crude oil rose $1 to $71.10. Volatility, as measured by the Cboe Volatility Index…
At the close of business last Friday, global equities were higher on the week as markets digested both the debt ceiling bill and conflicting US economic data. The yield on the US 10-year Treasury note dropped, falling to 3.67%, down nearly 15 basis points on the week. The price of a barrel of West Texas…
At the close of business last Friday, global equities were slightly higher on the week amid uncertainty over the US debt limit. Although, a rush for artificial intelligence-focused stocks sparked a US rally late in the week. The yield on the US 10-year Treasury note hit its highest level since the regional banking crisis emerged…
At the close of business last Friday, global equities were higher on the week as investors realized a deal on raising the debt ceiling in the US was likely to be done before the deadline. The yield on the US 10-year Treasury note was higher at 3.683 up marginally from a week ago, while the…
