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Nasdaq Futures Tumble As 10Y Yield Blows Out Over 1 60%

by Tyler Durden Friday, Mar 12, 2021 - 08:02 AM Nasdaq futures fell as much as 2% on Friday after rebounding more than 6% in the past three sessions, after a new spike in U.S. bond yields restarted inflation fears and sent investors scurrying to the perceived safety of the dollar, while hammering global stocks. A Bloomberg report that Beijing is expanding a crackdown on Tencent Holdings also weighed on the technology sector. S&P 500 futures were also dragged down after ending at record closing highs, and we last trading just above 3,910, down 16 points, or 0.4%, while Dow E-minis were up 12 points. Friday s selloff was sparked after the yield on the benchmark 10-year notes rose back above 1.60% on Friday to approach the one-year highs touched last week (more below).

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Nasdaq Futs Soar, Yields Tumble After ECB Pledges To Accelerate Bond Purchases

Nasdaq Futs Soar, Yields Tumble After ECB Pledges To Accelerate Bond Purchases
zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.

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The Daily Chase: Trudeau meets with premiers; e-commerce drives Empire sales

The Daily Chase: Trudeau meets with premiers; e-commerce drives Empire sales Alicia Harvey, Senior Producer, BNN Bloomberg A Sobeys grocery store is seen in Halifax on Thursday, Sept. 11, 2014. , THE CANADIAN PRESS/Andrew Vaughan Prime Minister Justin Trudeau is meeting with the countryâs premiers today, one day after Health Canada gave the green light to the Pfizer and BioNTech vaccine. The daylong meeting is expected to focus on the rollout of vaccines to inoculate Canadians against COVID-19 and the provinces immediate needs to combat the pandemic. The first vaccinations in Canada could begin as early as next week. Also on the agenda at todayâs meeting is federal funding for health care as the premiers are asking for an additional $28-billion from the federal government for health care transfers.

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