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 ArticleAt the close of business last Friday, global equities reversed sharp early-week losses and ended up gaining ground, with markets looking past the spread of the Delta variant of the coronavirus and focusing on strong earnings. Treasuries were volatile as well, with the yield on the 10-year note dipping as low as 1.16% on Monday…
At the close of business last Friday, global equities were marginally lower after reaching fresh highs this past week despite hot US inflation numbers. The yield on the benchmark US 10-year Treasury note declined to 1.32% following dovish US Federal Reserve comments. The price of a barrel of West Texas Intermediate crude oil dropped more…
