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 of the close of business last Friday, global equities receded from record territory the previous week following reports that China’s economy is under pressure, US retail sales declined and the US Fed is considering tapering its bond purchases this year. Treasuries continued to seesaw as the yield on the 10-year note declined to 1.25%…
At the close of business last Friday, global equities established fresh records during the week following the US infrastructure bill progress and a relatively tame inflation report. Treasuries continued to fluctuate as the yield on the 10-year note rose to 1.31% from 1.30% last week. The price of a barrel of West Texas Intermediate crude…
At the close of business last Friday, global equities traded near all-time highs as economies continued to show signs of recovery despite the spread of the Delta variant of the coronavirus. US 10-year Treasury yields rebounded from around 1.16%, their lowest level since February, to end the week around 1.30% after strong US employment data….
At the close of business last Friday, global equities were little changed for the week after climbing further into record territory as the S&P 500 Index was on track for its sixth consecutive positive month. China continued to stiffen its regulatory grip, corporate earnings were impactful, and the US Fed said it has more ground…
At the close of business last Friday, global equities ended the week in near record territory. This was as senior leaders of the US Federal Reserve affirmed the view that they are in no hurry to tighten monetary policy, and that the recent surge in inflation is transitory, resulting from pandemic-induced bottlenecks. The rate on…
At 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…
