BBG - The respite in the bond selloff sent 10-year yields down from the highest since 2002. The S&P 500 erased a drop that had been fueled…
BBG - The respite in the bond selloff sent 10-year yields down from the highest since 2002. The S&P 500 erased a drop that had been fueled by factory data showing a surge in a gauge of raw-material prices. Oil climbed amid ongoing geopolitical risks. The Pentagon may soon deploy an additional aircraft carrier and 10,000 troops to the Middle East, according to a US official. The S&P 500 rose 0.2%. The Nasdaq 100 rose 0.3%. The Bloomberg Dollar Spot Index rose 0.4%. The yield on 10-year Treasuries declined 5 bps to 5.24%. The yield on 2-year Treasuries declined 10 bps to 4.78%. WTI crude rose…
The excerpt is quoted from a public Telegram channel, which owns its text.