At the close of business last Friday, global equities were lower on the week as the yield on the US 10-year Treasury note surged as high 4.5% on the week before drifting down to 4.47%. The price of a barrel of West Texas Intermediate crude oil added $0.50 to $90.50 while the price of a…
Read The ArticleAt the close of business last Friday, global equities gained this past week on hopes that central bank tightening cycles are nearing an end despite higher bond yields, a stronger dollar and firm oil. The yield on the US 10-year Treasury note rose nine basis points from last Friday to 4.34%, retesting the highest levels…
At the close of business last Friday, global equities were lower on the week amid a rise in long-term interest rates and concerns that China may be targeting US technology companies in retaliation for US export bans. The yield on the US 10-year Treasury note reached 4.30% at midweek before easing to 4.25% on Friday….
At the close of business last Friday, global equities were firmer on the week as US bond yields eased substantially in hopes the US Federal Reserve’s tightening cycle may have ended without the US economy falling into recession. The yield on the US 10-year Treasury note fell to 4.14% from 4.24% last Friday but traded…
At the close of business last Friday, global equities were little changed from our last newsletter three weeks ago. Going forward, we are encouraged on upbeat AI-related earnings reports. The yield on the US 10-year Treasury note was little changed at 4.24% while the price of a barrel of West Texas Intermediate crude oil was…
Please 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…
