25 April 2024
The USD 70 billion 5-year US TREASURY auction pushed bond yields higher and weighed on the stock market. The 10-year US Treasury also rose 5 bps to a yield of 4.646%.
PERFORMANCE
25 April 2024
The USD 70 billion 5-year US TREASURY auction pushed bond yields higher and weighed on the stock ...
PERFORMANCE
24 April 2024
In terms of economic indicators, US Treasury yields slipped from recent highs as US economic data...
25 April 2024
The USD 70 billion 5-year US TREASURY auction pushed bond yields higher and weighed on the stock market. The 10-year US Treasury also rose 5 bps to a yield of 4.646%.
24 April 2024
In terms of economic indicators, US Treasury yields slipped from recent highs as US economic data showed manufacturing & services activity unexpectedly weakened in April to a 4-month low due to sluggish demand.
23 April 2024
The 2-year US Treasury yield briefly shot up to 5%, as investors await a number of important data including manufacturing data, preliminary first quarter GDP data, and the PCE price index data which is the Fed's favorite inflation benchmark, later this week.
22 April 2024
Equity markets have struggled to sustain the five-month rally that started in November, partly due to expectations that the Fed will cut interest rates in the first half of the year.
19 April 2024
Economic data and comments from Federal Reserve officials indicated that the US central bank is unlikely to cut interest rates in the near future. Economic data showed that the labor market remains resilient, as weekly jobless claims were unchanged from the previous week at 212,000 while the Philadelphia Fed Manufacturing Index (Apr.) rose to its highest level in two years, with a reading of 15.5 which was much higher than the estimate of 1.5 and 3.2 in the previous period.