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US Yields Rise as Solid Data Keeps Lid on Fed Bets: Markets Wrap – Yahoo Finance

(Bloomberg) — U.S. Treasury yields rose slightly as strong economic data increased expectations that the Federal Reserve is in no hurry to cut interest rates. Most Read Articles on Bloomberg Ahead of the start of the quiet period before the Fed’s meeting, bond markets lost momentum, with two-year Treasury yields nearing the 5% level. The […]

S&P 500's Slide From Record Deepens as Tech Sinks: Markets Wrap – Yahoo Finance

(Bloomberg) — Stock markets were heading for their longest losing streak since January as some big tech companies sold off despite falling bond yields. Most Read Articles on Bloomberg Stock prices have fallen for four consecutive days, and the S&P 500 index has fallen more than 4% from its all-time high. Semiconductor manufacturers took the […]

Dollar Bulldozes Its Way Through Asian FX With Help From Yuan – Yahoo Finance

(Bloomberg) — A rebound in the dollar sent a sharp decline across global currencies on Tuesday, sending many currencies through closely watched levels and forcing some officials to intervene to stem losses. . Most Read Articles on Bloomberg A major intervention by China (reducing the daily benchmark value of the renminbi) only served to increase […]

US Yields Spike as S&P 500 Trims Gains by Half: Markets Wrap – Yahoo Finance

(Bloomberg) — U.S. Treasuries were sold Monday as strong retail sales strengthened the view that the Federal Reserve is in no hurry to cut interest rates, and traders braced for a wave of bank bond sales. Most Read Articles on Bloomberg The yield on the benchmark 10-year Treasury note hit a new 2024 high, weighing […]

Bitcoin's Nearest Rival Ether Sustains Surge on US ETF Speculation – Yahoo Finance

(Bloomberg) — Ether has captured the attention of cryptocurrencies with its biggest gain in more than a month. The jump was in conjunction with speculation about the prospects for a U.S. exchange-traded fund (ETF) application to open the token. Most Read Articles on Bloomberg The second-largest digital asset was trading at around $3,710 as of […]