archiveTreasury yields

The U.S. dollar dropped to its lowest level since April 2022, driven by rising tensions in the Middle East and fragile trade relations between Washington and Beijing. As investors flocked to safe-haven assets, the global stock rally decelerated, with the MSCI All-Country World Index stagnating just below its record high.Oil prices briefly surged by 4% before retreating, influenced by the U.S.'s relocation of personnel from the Middle East due to increased security risks. The ongoing volatility in economic policies prompted concerns, as President Trump's tariffs and fluctuating trade relations...

Wall Street is keeping a close eye on the bond market after long-term Treasury yields spiked last week as investors reassessed the US fiscal outlook in light of President Trump's proposed tax legislation. The 30-year Treasury yield (^TYX) surged as high as 5.15% last week, hovering near its highest level since 2007. Yields pulled back slightly in early Tuesday trading, with the 30-year yield dipping back below 5% following reports that Japan's central bank may scale back its own bond issuance. Still, investor anxiety remains elevated. While ballooning deficits have...

Asia-Pacific markets mostly declined Tuesday as investors digested the implications of US President Donald Trump's decision to defer 50% tariffs on European Union imports, sparking fresh concerns about the global trade outlook. Japan’s Nikkei 225 (^N225) slipped 0.2% to 37,451.60, while the broader Topix index was flat. The decline followed comments from Bank of Japan Governor Kazuo Ueda, who signaled that interest rate hikes could be on the horizon due to rising inflation. Mainland China’s CSI 300 (83188.HK) dipped 0.6% despite data showing industrial profits rose 1.4% in April, up...

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. A historic divergence is unfolding across asset classes, with gold surging to its best presidential-term start since Gerald Ford while U.S. stocks post their worst performance since the same era, and Bank of America's chief strategist Michael Hartnett says investors are increasingly betting on policy shifts to rescue the market from soft macroeconomic headwinds. In a note shared Friday, Hartnett outlined how the "second 100 days" of Donald Trump's 2025 presidency could bring...

The emerging theme from this week's tariff-sparked whiplash on Wall Street is whether the volatility in US bonds and the dollar signals waning appetite for US assets and their roles as safe-haven assets. The US Dollar Index (DX-Y.NYB), a key measure of the dollar’s strength against a basket of major currencies, fell below the 100 level to its weakest point since April 2022. Meanwhile, the 10-year yield (^TNX) surged to its highest level since February to trade at around 4.53%, a massive 66 basis point swing from Monday's low of...

U.S. stocks extended their retreat into Thursday afternoon trading, while Treasury yields moved and the dollar resumed its recent slump, as global markets continued to react to the dramatic tariff U-turn unveiled yesterday by President Donald Trump. Updated at 2:27 PM EDT Gold roared back to a fresh record high in late-morning trading, with spot prices rising 2.72% to $3,171.49 per ounce, taking the bullion's year-to-date advance to around 20%. Spot prices were last marked at around $3,164.50 per ounce. The moves suggest investors are shunning the U.S. dollar as...

Following steep declines on Monday, U.S. equities continued to lose ground on Tuesday. President Donald Trump's decision to double tariffs on Canadian metal imports has fueled fears of an economic recession. Despite the bearish trend, U.S. Treasury yields climbed, accompanied by a rise in oil prices.Investors were unsettled by Trump's refusal to rule out a recession due to his trade policies. Adding to market jitters, small-business confidence dropped for the third consecutive month in February. Analysts like Phil Blancato from Osaic Wealth highlight a slowdown in consumer spending as...