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Osborn Scarborough News Today : Breaking News, Live Updates & Top Stories | Vimarsana

BLOOMBERG Bloomberg Markets Americas July 13, 2024

Lets have a look at those markets that seem absolutely impervious to what is going on in the real economy. The dow is up 1. 5 . The s p is up 1. 5 . The nasdaq is up 1. 6 . Gains on companies that had a good quarter, including news corp. , although advertising was down. Bit off ofg a little its stock price. In its comforts own, 66 basis points. Just off of our high on crude oil, just short of 24 a barrel. Lets get into the Market Action with taylor riggs. Theor you mentioned 10year yield. I also wanted to mention the twoyear yield. Overnight, dipping below 12. 5 basis points. Getting a record low. The futures market is also pricing in negative rates, that at some point over the next 12 months. Jay powell said that is not the direction that he wants to go, but the markets seem to think negative rates could be in the future. The twoyear yield at 12 basis points certainly catching our attention. Over the last five days, down seven basis points or so. , what look across asset it means for

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