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Stocks pulled back Friday morning as bond yields reached higher. Mixed initial jobless claims data sent the 10-year Treasury yield to a seven-month high on Thursday.
The Dow jumped 700 points and the Nasdaq gained more than 2% as investors cheered encouraging inflation data and a strong start to earnings season. Why stocks and bonds are on a tear today Skip to ...
Bond yields soared after the Fed's summary of economic projections and Powell's remarks indicated just two rate cuts in 2025. The 10-year Treasury yield spiked 10 basis points to 4.49%.
Stock market news today: Stocks fall, bond yields rise. Dani Romero. March 28, 2023 at 4:08 PM. ... The S&P 500 and the Dow Jones Industrial Average declined 0.1%. Contracts ...
The Canadian dollar touched a 4-1/2-year low against its U.S. counterpart on Monday before recouping its losses and Canadian bond yields rose, as investors weighed the fiscal implications of the ...
The tech-heavy Nasdaq Composite fell 1.58% while the S&P 500 lost 1.12%. The Dow Jones shed 333 points to end the day.
Canadian investors are beginning to see the effects play out. The Bank of Canada’s secondary market purchase program seems to be working for the bond market, according to one analyst. The ...
The Canadian dollar steadied against its U.S. counterpart on Monday as the bond market's enthusiasm about the choice of U.S. Treasury secretary offset a drop in oil prices and caution ahead of ...