Tech Stocks Tumble as Salesforce Forecast Disappoints devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
U.S. Treasury yields pushed to
a near four-week peak on Wednesday, lifting their Asia-Pacific
counterparts and the dollar while pressuring equities, as data
sowed new doubts about the timing and. -May 28, 2024 at 10:28 pm EDT
- MarketScreener
Bond Yields Climb, Stocks Under Pressure as Fed Cut Doubts Resurface usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
U.S. Treasury yields hit a near four-week peak, spurring Asia-Pacific yields and the dollar while pressuring equities. Crude oil climbed for a fourth consecutive day, supported by OPEC+ production cut speculations. Investors face uncertainty over Federal Reserve rate cuts, impacted by mixed economic indicators and consumer confidence data.
U.S. government bond yields reached a near four-week peak, driven by strong consumer confidence data and comments from the Minneapolis Fed President suggesting potential further rate hikes. This has pressured global stocks and lifted bond yields worldwide. Crude oil prices rose amid speculation OPEC+ will maintain production cuts, along with renewed geopolitical tensions.