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 were higher on the week while the yield on the US 10-year Treasury note rose sharply to 4.25% from 4.02% last Friday. The price of a barrel of West Texas Intermediate crude oil was little changed at $85.75. Volatility, as measured by the Cboe Volatility Index…
At the close of business last Friday, global equities rose on the week, reversing sharp losses posted after hotter-than-expected United States inflation data. The yield on the US 10-year note rose to 4.02% from 3.89% last Friday. The price of a barrel of West Texas Intermediate crude oil slipped to $86.25 from $90.15. Volatility, as…
At the close of business last Friday, global equities were higher on the week, but they gave up their early week gains as solid US employment and wage data reinforced the likelihood of continued aggressive rate hikes by the US Federal Reserve. The yield on the US 10-year note rose to 3.89% from 3.74% a…
At the close of business last Friday, global equities were lower on the week amid rising equity, fixed income, and currency volatility. The yield on the US 10-year note was little changed on the week at 3.74% but rose to just above 4% at midweek. The price of a barrel of West Texas Intermediate crude…
At the close of business last Friday, global equities were sharply lower on the week after central banks worldwide aggressively tightened monetary policy, amplifying recession fears. After breaching 3.80% briefly Friday morning, the yield on the US 10-year Treasury note rose to 3.74% from 3.45% a week ago, the highest level since 2011. The price…
At the close of business last Friday, global equities were lower on the week after stronger-than-expected US inflation data increased pressure on the US Federal Reserve to hike rates aggressively. The yield on the US 10-year Treasury note jumped to 3.45% from 3.26% a week ago, matching the highest levels in about a decade. The…
At the close of business last Friday, global equities were higher on the week as fears of a recession taking hold in the near term receded. The yield on the US 10-year note rose to 3.26% from 3.23% a week ago after trading as high as 3.36% midweek. The price of a barrel of West…
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At the close of business last Friday, global equities were lower on the week but off their worst levels after the US employment report showed signs of moderation in the labour market. The yield on the US 10-year Treasury note rose to 3.22% from 3.02% a week ago while the price of a barrel of…
At the close of business last Friday, global equities were lower after hawkish comments on Friday from US Federal Reserve Chair Jerome Powell at the annual gathering of global central bankers in Jackson Hole, Wyoming. The yield on the US 10-year Treasury note rose to 3.02% from 2.95% last Friday while the price of a…
At the close of business last Friday, global equities were modestly lower on the week, ending four straight weeks of advances. The yield on the US 10-year Treasury note rose ten basis points to 2.95% on the week and the price of a barrel of West Texas Intermediate crude oil fell to $88.50 from $92…
At the close of business last Friday, global equities were up on the week, supported by a report that inflation eased to 8.5% in July, down from 9.1% in June. The yield on the US 10-year Treasury note rose to 2.85% from 2.83% a week ago, and the price of a barrel of West Texas…
